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Genmab shares rise 9% on positive Phase 3 clinical trial results for ovarian cancer treatment

Investing.com +1 ·

GMAB
GMAB Genmab ADR
$43.79 +9.48%
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  1. 1Genmab announced positive topline results from the Phase 3 RAINFOL-02 trial of Rina-S (rinatabart sesutecan) for patients with platinum-resistant ovarian cancer.
  2. 2Rina-S recorded a 71% reduction in the risk of disease progression or death compared to standard chemotherapy.
  3. 3Shares of Concept Therapeutics fell 11%.

So what's the key point?

Genmab achieved positive results in an ovarian cancer treatment trial, showing a 71% reduction in the risk of disease progression or death. Genmab's stock price rose 9% following this news.

Source Investing.com +1 · View original ↗

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