Weekly Digest - June 2024

Weekly Digest - June 2024

1 June 2024: Corbus unveils new data on its ADC Bladder cancer treatment

  • Corbus Pharmaceuticals is the second top-performing biotech stock of the year due to investor interest in its ADC candidate, CRB-701
  • CRB-701 is seen as potentially better tolerated than Padcev, which Pfizer acquired for $43 billion through its Seagen deal
  • In an early dose-finding study, CRB-701 showed a 28% overall response rate among 25 evaluable patients
  • Among 15 patients treated with three active doses, the overall response rate was 40%, with all responses being partial tumor shrinkage
  • All responses seen in bladder cancer (where Padcev is approved) were also observed in cervical cancer. This data was recently presented at ASCO

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