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VBL's ofranergene obadenovec shows treatment effect in mid-stage brain cancer study; shares slip 4%

Published 06/05/2017, 11:35 AM
© Reuters.  VBL's ofranergene obadenovec shows treatment effect in mid-stage brain cancer study; shares slip 4%
NTBL
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  • Thinly traded micro cap VBL Therapeutics (VBLT -3.6%) eases on average volume despite announcing positive Phase 2 data on VB-111 (ofranergene obadenovec) in recurrent glioblastoma. The results are being presented today at ASCO.
  • Overall survival at month 12 was 57% in the VB-111 continuous exposure cohort compared to 24% in historical pooled Avastin (bevacizumab) studies.
  • Enrollment (n=256) in a Phase 3 clinical trial, GLOBE, was completed in December 2016. An interim analysis will be done next quarter with top-line results expected in early 2018. The primary endpoint is overall survival.
  • #ASCO17
  • Now read: Healthcare - Top 5 Gainers / Losers as of 11:00 am


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