Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Sanofi Begins Combo Studies On Multiple Myeloma Candidate

Published 12/07/2017, 09:29 PM
Updated 07/09/2023, 06:31 AM

Sanofi (PA:SASY), Inc. (NYSE:SNY) announced the start of two new phase III studies evaluating its investigational biologic, isatuximab in combination with other cancer medicines for the treatment of multiple myeloma, a rare blood cancer.

While the first study – IKEMA (n=325) – will compare a combination of isatuximab, Amgen’s (NASDAQ:AMGN) Kyprolis (carfilzomib) and dexamethasone to Kyprolis and dexamethasone, the second study IMROZ (n=425) will evaluate a combination of isatuximab, dexamethasone, Celgene’s (NASDAQ:CELG) multiple myeloma drug Revlimid (lenalidomide) and Japanese firm Takeda’s Velcade (bortezomib) against a combination of Velcade, Revlimid and dexamethasone.

While the IKEMA study will include patients with relapsed/refractory multiple myeloma that have been previously been treated with one-to-three lines of therapy, IMROZ will evaluate the cancer combinations in newly diagnosed multiple myeloma patients not eligible for transplant.

The primary endpoint will be progression-free survival in both the studies

Please note that isatuximab is already being evaluated as a monotherapy in phase III studies for relapsed/refractory multiple myeloma and in phase II for acute lymphoblastic leukemia.

Sanofi’s shares have risen 7% so far this year, comparing unfavorably with a gain of 14.7% recorded by the industry.

Sanofi carries a Zacks Rank #4 (Sell).

A better-ranked large-cap pharma stock is Johnson & Johnson (NYSE:JNJ) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of J&J have risen 21.5% this year so far while 2018 earnings estimates have gone up 1.7% in the past 60 days.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Wall Street’s Next Amazon (NASDAQ:AMZN)

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>



Sanofi (SNY): Free Stock Analysis Report

Johnson & Johnson (JNJ): Free Stock Analysis Report

Celgene Corporation (CELG): Free Stock Analysis Report

Amgen Inc. (AMGN): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.