On October 26, BioNTech SE recorded an Overnight rise of 5.5%, trading at $92.96/share, with turnover of $541.0.
The move followed recent disclosure that BioNTech SE partnered with Gilead Sciences to evaluate its experimental drug pumitamig in combination with Trodelvy as a first-line treatment for advanced triple-negative breast cancer.
Under the plan announced on October 22, BioNTech SE intends to amend the Phase 3 ROSETTA Breast-01 trial by replacing chemotherapy with Trodelvy, subject to regulatory approval. BioNTech SE will continue to sponsor and lead the study, while Gilead will supply Trodelvy. The company said this would be the first global Phase 3 trial testing pumitamig with an antibody-drug conjugate. The combination remains investigational, and safety and efficacy have not been established.
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