MacroGenics chief Scott Koenig details the upbeat cancer drug data from 2 programs that drove a big spike in their share price
MacroGenics $MGNX dropped their ASCO abstracts on 2 key drug programs on Wednesday evening, highlighting some additional details on data that spurred their share price a couple of days ago.
The surprise data that captured investors’ attention include the news that 43% — 6 of 14 — of patients with advanced HER2 tumors demonstrated an objective response to a combination of margetuximab and MGD013 with 4 confirmed responses and evidence of tumor shrinkage that could drive that response rate even higher.
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