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Galectin's GR-MD-02 + Merck's Keytruda shows positive effect in melanoma patients in early-stage study; shares up 7%

Published 11/13/2017, 12:36 PM
© Reuters.  Galectin's GR-MD-02 + Merck's Keytruda shows positive effect in melanoma patients in early-stage study; shares up 7%
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  • Preliminary data from a Phase 1b clinical trial assessing the combination of Galectin Therapeutics' (GALT +6.6%) GR-MD-02 and Merck's (MRK -0.4%) KEYTRUDA (pembrolizumab) in patients with solid tumors, including advanced melanoma, showed a treatment effect. The results were presented at the SITC Annual Meeting in National Harbor, MD.
  • In melanoma, patients receiving five courses of the three-week combo therapy experienced a 63% response rate (n=5/8), including two complete responders. The response rate for pembrolizumab alone in this population is ~33%.
  • All patients in the second cohort (higher dose of 4 mg/kg of GR-MD-02) responded (n=3/3).
  • Enrollment in the third cohort (8 mg/kg of GR-MD-02) is underway.
  • Additional data should be available in mid-2018 when the company decides on advancing into Phase 2.
  • GR-MD-02 is a complex carbohydrate drug that targets galectin-3, a protein that plays a key role in the development of fatty liver disease and fibrosis.
  • Now read: 'Safer' Dividend Dow Dogs Go After Apple (NASDAQ:AAPL), Disney, And IBM (NYSE:IBM) Gains Per Broker September Estimates


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