Epkinly scores a first with FDA approval for DLBCL
The US Food and Drug Administration (FDA) on Friday approved Epkinly (epcoritamab-bysp), which is being is co-developed by US pharma major AbbVie (NYSE: ABBV) and Denmark’s Genmab (Nasdaq: GMAB) as part of the companies' oncology collaboration, worth a potential $3.15 to the latter.
AbbVie’s shares edged up 1.2% to $145.11 following the announcement, while Genmab’s US traded stock price increased 2.4% to $41.64.
The drug is the first and only T-cell engaging bispecific antibody cleared for the treatment of adult patients with relapsed or refractory (R/R) diffuse large B-cell lymphoma (DLBCL), not otherwise specified (NOS), including DLBCL arising from indolent lymphoma, and high-grade B–cell lymphoma (HGBL), after two or more lines of systemic therapies.
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