Get 40% Off
🎁 Free Gift Friday: Copy Legendary Investors' Portfolios in One ClickCopy for Free

Syndax Pharma reports study results that support treatment benefit of entinostat, investors unmoved after Nektar data, shares down 11%

Published 11/13/2017, 01:34 PM
© Reuters.  Syndax Pharma reports study results that support treatment benefit of entinostat,  investors unmoved after Nektar data, shares down 11%
  • Thinly traded micro cap Syndax Pharmaceuticals (SNDX -10.9%) slumps on 50% higher volume, albeit on turnover of only 153K shares, on the heels of its announcement of results from an open-label Phase 1b/2 study, ENCORE 601, evaluating the combination of entinostat and Merck's (MRK -0.4%) KEYTRUDA (pembrolizumab) in patients with non-small cell lung cancer (NSCLC), melanoma and colorectal cancer (CRC). The data were presented at the SITC Annual Meeting in National Harbor, MD.
  • The overall response rate in NSCLC patients who progressed after anti-PD-1 or anti-PD-L1 therapy was 10% and 24% in NSCLC patients who had not been previously treated with a PD-1 or PD-L1 inhibitor.
  • Across both cohorts, the responders with known PD-(L)1 expression levels were either low (1-49%) or negative (<1%) expressors.
  • The combination of Nektar Therapeutics ' (NKTR +15.6%) NKTR-214 and BMY's Opdivo (nivolumab) produced a 75% (n=3/4) response rate in NSCLC patients who did not express PD-L1 and had progressed after chemo.
  • The study is ongoing. A decision on advancing the colorectal cancer cohort into Phase 2 will be made in H1 2018 (the lung cancer and melanoma cohorts have already been advanced).
  • Entinostat is a small molecule that inhibits an enzyme class called histone deacetylases (HDACs), specifically Class 1 HDACs which play a key role in modulating immuno-suppressive cells called myeloid-derived suppressor cells (MDSCs) and regulatory T cells. The company says entinostat has therapeutic potential in a range of cancers when used in combination with immune checkpoint inhibitors (like Keytruda).
  • Previously: Combination of Opdivo and Nektar's NKTR-214 show positive effect in advanced lung cancer in Phase 1/2 study (Nov. 13)
  • Previously: Nektar's gain Calithera's pain on Opdivo combo treatments; shares down 15% (Nov. 13)
  • Now read: Calithera Biosciences (CALA) Analyst and Investor Meeting - Slideshow
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .


Original article

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.