Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Updated data on Affimed's AFM13 shows 89% response rate in HL patients; shares up 28%

Published 02/01/2018, 10:10 AM
© Reuters.  Updated data on Affimed's AFM13 shows 89% response rate in HL patients; shares up 28%
MRK
-
AFMD
-
  • Thinly traded nano cap Affimed N.V. (AFMD +28.3%) is up on a 7x surge in volume on the heels of its announcement of updated data from two clinical trials evaluating lead candidate AFM13 in lymphoma patients.
  • Interim results from a Phase 1b study assessing the combination of AFM13 and Merck's (MRK +0.9%) KEYTRUDA (pembrolizumab) in Hodgkin lymphoma (HL) showed an 89% overall response rate (ORR) (n=8/9), including four complete metabolic responses. The other patient had stable disease, implying a disease control rate (DCR) of 100%. The historical ORR for KEYTRUDA alone in HL is 58 - 63%.
  • In a Phase 1b/2a study evaluating AFM13 as monotherapy in patients with CD30-positive cutaneous lymphoma, the ORR was 66% (n=2/3) with one patient showing stable disease, implying a DCR of 100% as well.
  • AFM13 is a bispecific antibody that binds to a protein expressed in a range of T-cell and B-cell lymphomas called CD30 and to a protein expressed on the immune system's natural killer cells called CD16A, both of which play key roles in the activation of the immune system to detect and kill cancer cells.
  • Previously: Affimed's lead candidate shows treatment benefit in early-stage study; investors unimpressed, shares down 27% (Dec. 11, 2017)
  • Now read: 3 Things In Biotech You Should Learn Today: January 27, 2018


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.