Genmab A/S
GMAB
and
AbbVie
ABBV
announced top-line data from the first cohort of a phase I/II study — EPCORE NHL-1 — evaluating its subcutaneous bispecific antibody candidate, epcoritamab (DuoBody-CD3xCD20), as a potential treatment for relapsed/refractory (r/r) large B-cell lymphoma (LBCL).
The phase I/II study evaluated epcoritamab in r/r LBCL patients who have received at least two prior lines of systemic therapy, including chimeric antigen receptor (CAR) T-cell therapy. Data from the first cohort of the study demonstrated that treatment with the candidate achieved a confirmed overall response rate (ORR) of 63.1%, as assessed by an independent review committee. The candidate achieved a mean duration of response of 12 months.
This cohort of the study included patients who have received 2 to 11 prior therapies. Based on the data from this cohort, AbbVie and Genmab are planning to engage with global regulatory authorities.
Shares of Genmab have declined 6.3% so far this year compared with the
industry
’s decrease of 14%.
Image Source: Zacks Investment Research
AbbVie and Genmab are developing epcoritamab as part of their broad oncology collaboration signed in 2020. The companies are evaluating the candidate as monotherapy or in combination regimens for treating hematologic malignancies including non-Hodgkin’s lymphoma, in patients who have received multiple prior lines of therapy.
Per the terms of the collaboration agreement, AbbVie should pay $750 million in upfront payments along with potential milestone payments of up to $3.15 billion.
We note that epcoritamab has been developed using Genmab’s proprietary DuoBody technology platform. Apart from AbbVie, the company’s technology platform has also attracted
J&J
JNJ
to sign an agreement. In 2012, J&J and Genmab entered into a partnership for developing bispecific antibodies using the latter’s proprietary DuoBody technology platform. In May 2021, J&J received FDA approval for Rybrevant, developed using Genmab’s DuoBody technology platform, for treating adult patients with non-small cell lung cancer with EGFR mutations. J&J’s Darzalex and Darzalex Faspro have also been developed in partnership with Genmab.
Last year, Genmab’s partner
Seagen
SGEN
announced that the FDA had granted accelerated approval to their investigational antibody-drug conjugate, Tivdak (tisotumab vedotin-tftv). Seagen received approval for Tivdak for recurrent/metastatic cervical cancer in adult patients whose disease progressed on or after chemotherapy. Seagen and Genmab continue to evaluate Tivdak as a potential treatment for cervical cancer and other solid tumors in different clinical studies.
Zacks Rank
Genmab currently carries a Zacks Rank #3 (Hold). You can see
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
.
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?
From inception in 2012 through 2021, the
Zacks Top 10 Stocks
portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report