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ABBV
NYSE Life Sciences

AbbVie-Genmab Combo Cuts DLBCL Progression Risk by 51% in Phase 3

Tom Rudovsky · Reported by Reuters
More coverage: Pharmaceutical Stocks · Healthcare
Sentiment info
Positive
Importance info
8
Price
$266.8
Mkt Cap
$471.467B
52W Low
$190.75
52W High
$269.39
52W Position info
40% above low
Off High info
at 52W high
Rel. Volume info
0.7× avg
Market data snapshot near publication time

ABBV sits 40% above its 52-week low of $190.75.

Summary

Epcoritamab plus R-CHOP reduced the risk of disease progression or death by 51% versus R-CHOP alone in newly diagnosed DLBCL patients in the global, randomized Phase 3 EPCORE DLBCL-2 trial. Epcoritamab is a subcutaneous T-cell-engaging bispecific antibody that binds CD3 on T cells and CD20 on B cells. The trial evaluated fixed-duration epcoritamab plus R-CHOP for six cycles followed by epcoritamab for two cycles, compared with R-CHOP followed by rituximab, where R-CHOP consists of rituximab, cyclophosphamide, doxorubicin hydrochloride, vincristine, and prednisone. This is the first late-stage bispecific antibody combination to significantly improve progression-free survival in first-line DLBCL. The safety profile was consistent with known profiles. Epcoritamab is not yet approved for first-line use, so this data supports a potential label expansion, and AbbVie and Genmab plan to engage global regulatory authorities on next steps. AbbVie shares rose 1.5% on the news, while Genmab jumped 11%. The result strengthens AbbVie's oncology franchise and could open a large market opportunity in DLBCL.

Updated with a dpa-AFX report · What changed

Updates

  1. · ShareCast — Genmab shares rose 9% to DKK2,591 by 1304 BST, while AbbVie futures were flat pre-market.

  2. · dpa-AFX — AbbVie and Genmab plan to engage global regulatory authorities on next steps for epcoritamab plus R-CHOP in newly diagnosed DLBCL.

    • Trial Design — The global, randomized Phase 3 EPCORE DLBCL-2 trial evaluated fixed-duration epcoritamab plus R-CHOP for six cycles followed by epcoritamab for two cycles, compared with R-CHOP followed by rituximab. R-CHOP consists of rituximab, cyclophosphamide, doxorubicin hydrochloride, vincristine, and prednisone.
    • Epcoritamab Mechanism — Epcoritamab is a subcutaneous T-cell-engaging bispecific antibody that binds CD3 on T cells and CD20 on B cells.
    All 7 details
    • The trial is named EPCORE DLBCL-2.
    • Epcoritamab is a subcutaneous T-cell-engaging bispecific antibody.
    • Epcoritamab binds CD3 on T cells and CD20 on B cells.
    • The trial evaluated fixed-duration epcoritamab plus R-CHOP for six cycles followed by epcoritamab for two cycles.
    • The comparator arm was R-CHOP followed by rituximab.
    • R-CHOP consists of rituximab, cyclophosphamide, doxorubicin hydrochloride, vincristine, and prednisone.
    • The trial is a global, randomized Phase 3 trial.

At the time of this announcement, ABBV was trading at $266.80 on NYSE in the Life Sciences sector, with a market capitalization of approximately $471.5B. The 52-week trading range was $190.75 to $269.39. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.


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