Aptevo Therapeutics shares are trading higher after the company announced it along with Alligator Bioscience will present interim Phase 1 data on ALG.APV-527 monotherapy in advanced solid tumors at SITC 2024.
Portfolio Pulse from Benzinga Newsdesk
Aptevo Therapeutics shares rose following the announcement that the company, in collaboration with Alligator Bioscience, will present interim Phase 1 data on their ALG.APV-527 monotherapy for advanced solid tumors at the SITC 2024 conference.
October 29, 2024 | 6:34 pm
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Aptevo Therapeutics' stock is trading higher due to the upcoming presentation of interim Phase 1 data on ALG.APV-527 monotherapy at SITC 2024, indicating positive market sentiment.
The announcement of presenting interim Phase 1 data at a major conference like SITC 2024 is a positive development, suggesting progress in their cancer treatment research. This has likely led to increased investor confidence, driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90