FDA Allows Resumption Of BioNTech/MediLink Therapeutics Partnered Phase 1 Study For Cancer Drug With Lower Dose
Portfolio Pulse from Vandana Singh
The FDA has lifted the partial clinical hold on MediLink Therapeutics' Phase 1 trial for the cancer drug BNT326/YL202, partnered with BioNTech. The trial will resume with a lower dose to ensure safety, following concerns about adverse effects at higher doses.
August 19, 2024 | 1:39 pm
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BioNTech's partnered trial with MediLink for the cancer drug BNT326/YL202 can resume after FDA lifts hold. The trial will proceed with lower doses to mitigate safety risks, potentially boosting BioNTech's stock.
The FDA's decision to lift the hold on the trial is a positive development for BioNTech, as it allows the continuation of the study under safer conditions. This could lead to positive sentiment and a potential short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80