#ESMO22: Deciphera pins its comeback hopes on improved TGCT data
PARIS — Last fall Deciphera suffered through a disastrous setback $DCPH with its lead drug, Qinlock, which had been approved as a fourth-line therapy for gastrointestinal stromal tumors (GIST) but then failed in an attempt to move upstream in the treatment scenario — essentially relegating it to minor sales revenue instead of the blockbuster potential some analysts had painted.
That knockdown, which sent its stock into a tailspin the biotech has not recovered from, forced the Deciphera team to undergo a thorough reassessment of the pipeline, and a move to cull its work and focus on the clinical program for vimseltinib, a CSF1R inhibitor being studied as a therapy for tenosynovial giant cell tumor — or TGCT.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.