There's Only ONE AI Company That Matters

It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.

Why Is BioNTech Stock Trading Higher On Friday?

Vandana Singh
December 06, 2024

On Thursday, Duality Biologics revealed the first data from a global Phase 1/2a trial of BNT324/DB-1311, which it co-developed with BioNTech SE (NASDAQ:BNTX).

The data were presented in an oral session at the 2024 European Society of Medical Oncology Asia Annual Meeting in Singapore and showed encouraging antitumor activity alongside a manageable safety profile in heavily pretreated patients with locally advanced or metastatic solid tumors.

The ongoing Phase 1/2a trial analysis included 277 participants across various solid tumor types.

Also Read: BioNTech Boosts Oncology Strategy With $800 Million+ China-Based Biotheus Acquisition

The trial’s primary endpoints are safety and an objective response rate. The secondary endpoints include duration of response, disease control rate, progression-free survival, and overall survival.

The data showed the following results: Among all evaluable patients with at least one post-baseline tumor assessment (n=238), the overall unconfirmed objective response rate (uORR) was 32.4%, and the disease control rate (DCR) was 82.4%.

Among patients with small cell lung cancer (n=73), the uORR was 56.2%, and the DCR was 89.0%.

Most small cell lung cancer patients received 6 mg/kg and 9 mg/kg of BNT324/DB-1311, with no difference in uORR between the two dose groups (54.5% and 58.8%, respectively).

Notably, at the 9 mg/kg dose level, the uORR in patients with small cell lung cancer who had prior immunotherapy but no treatment with topoisomerase I inhibitors reached 70.4%.

Most patients with non-small cell lung cancer had non-squamous histology (n=41), exhibiting an uORR of 22.0%, while patients with squamous non-small cell lung cancer (n=25) had an uORR of 16.0%.

Among patients with castration-resistant prostate cancer (n=32), BNT324/DB-1311 demonstrated early antitumor activity with an uORR of 28.0% and a DCR of 92.0%.

The imaging progression-free survival (rPFS) data were not mature at the time of the analysis, with a median rPFS of 7.2 months. The 6-month rPFS rate was 94.7%.

In other tumor types, including cervical cancer (n=4), hepatocellular carcinoma (n=12), head and neck squamous carcinoma (n=3), and melanoma (n=11), BNT324/DB-1311 also exhibited antitumor activity with uORRs of 75.0%, 25.0%, 100.0%, and 36.4%, respectively.

BNT324/DB-1311 showed a manageable safety profile across all evaluated patients and tumor types.

BNT324/DB-1311 is one of three clinical-stage ADC candidates in BioNTech’s and DualityBio’s global strategic partnership.

Multiple clinical trials combining selected assets from BioNTech’s and DualityBio’s strategic partnership are planned for various solid tumor indications.

Price Action: BNTX stock is up 3.01% at $122.42 at last check Friday.

Read Next:

  • Chipmaker Taiwan Semiconductor Should See Business Grow 20% Fueled By AI Demand: Analyst

Continue Reading...

Popular

Tesla recalling almost 700,000 vehicles due to tire pressure monitoring system issue

Tesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system.

Millions of people may get expanded Social Security benefits. Who are they and how would it happen?

ATLANTA (AP) — Nearly 3 million people could receive a boost in payments under legislation set for a final Senate vote in the coming days.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Edmunds: The best midsize SUVs for families in 2025

Along with smartphones and streaming subscriptions, the three-row SUV is now a staple of American family life. And since nearly every automaker sells one, choosing the right one can feel overwhelming.

What's Going On With Broadcom Stock?

Broadcom Inc (NASDAQ:AVGO) shares are trading lower Wednesday, pulling back from a recent surge that saw the stock join the $1 trillion club. Here's a look at what you need to know.

5 Military Stocks to Invest In - Ad

As violence spreads across the globe will you stay on the sidelines? We can't stop war, but you can win from it. These 5 military growth stocks could potentially build your personal wealth during global turmoil. Historically, similar stocks have seen growth of up to 16,270% in just 18 months.

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

Suspect in UnitedHealthcare CEO killing charged with murder in New York, court records show

ALTOONA, Pa. (AP) — After on a New York sidewalk, police searched for the masked gunman with dogs, drones and scuba divers. Officers used the city's . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door-to-door looking for witnesses.

Wall St Legend: Buy This Stock Before Inauguration - Ad

This is the best election year for stocks since 1936. But according to one 50-year insider, not everything is as rosy as it seems on Wall Street...

Pelosi Hospitalized After Injuring Hip During Luxembourg Trip

Nancy Pelosi has been hospitalized after sustaining an injury during an official trip to Luxembourg.

Youngkin proposes tax relief on tips and cars in his adjusted Virginia budget plan

RICHMOND (AP) — Virginia Gov. Glenn Youngkin proposed a state budget plan on Wednesday to provide tax relief on tips and cars, measures his Republican administration touted as giving money back to middle- and lower-income workers.

The Secret to Trading Success? It's Simpler Than You Think - Ad

Forget fancy software. Top traders rely on free alerts that tell them when to jump on the next big trade. Straight to your phone. No guessing, no stress.

Musk ascends as a political force beyond his wealth by tanking budget deal

In the first major flex of his influence since was elected, brought to a sudden halt a by posting constantly on his X megaphone and threatening Republicans with primary challenges.

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a massive glut of funding through in 2022.

Scary Accurate AI Money Map Shows Strange Twist Coming for the Market - Ad

Over the last 5 years, this "scary accurate" AI Money Map has helped investors get in on the right stocks, at the right time -- during this AI revolution... Now it shows a strange twist is coming for the AI market that almost nobody sees coming... And worse still, no one's being warned about.

Trump Meets TikTok CEO Shou Zi Chew At Mar-A-Lago As Platform Urges Supreme Court To Block Looming Ban

President-elect Donald Trump met with TikTok CEO Shou Zi Chew as the ByteDance-owned platform urges the U.S. Supreme Court to block a looming ban that could take effect on Jan. 19, threatening billions in revenue and impacting small businesses.

2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it.

Is a Starlink IPO Coming in 2024? - Ad

Could there be signs that a Starlink IPO is set for the second half of 2024? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public.

How to avoid financial stress during the holiday season

NEW YORK (AP) — The holidays are meant to be a time of celebration with family and friends. But they can also bring pressure to spend money on gifts, gatherings and plane tickets home, exacerbated by , social media influencers and family expectations.

A Southwest jet and a small plane wound up on the same runway after being cleared to land

WASHINGTON (AP) — A Southwest Airlines jet wound up on the same runway with a small private plane that had stopped after an air traffic controller cleared both planes to land on the same California runway in October, according to federal investigators.

Wall St. Icon: "If You Wait On This, It Will Already Be Too Late" - Ad

If you have a significant amount of money in the stock market right now -- or if you're sitting on the sidelines waiting to make a move -- you DO NOT want to miss my latest research. My goal is to get as many people as I can in front of what's coming. If you wait until your hand is forced, it will already be too late. You absolutely MUST get on the right side of this thing.

It's beginning to look like another record for holiday travel

Drivers and airline passengers without better make a dash for it: it's beginning to look like another in the U.S.

What's Going On With Illumina Stock On Monday?

Illumina exits Nasdaq-100, reports Q3 EPS of $1.14 beating estimates, faces macroeconomic challenges, and lowers 2024 revenue guidance.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Bernie Sanders Accuses Amazon Of 'Uniquely Dangerous' Warehouse Conditions, E-Commerce Giant Says Senator's Premise Is 'Fundamentally Flawed'

Amazon.com Inc. faces renewed scrutiny over its warehouse safety practices following a Senate investigation that claims the e-commerce giant manipulated injury data and prioritized speed over worker safety, allegations the company strongly disputes.

What's Going On With Portage Biotech Shares Tuesday?

Portage Biotech stock is trading higher after the company announced it signed a letter of intent with Immunova for the potential sale of its subsidiary.

This Is CRAP (Beat the Banks) - Ad

Can you believe this crap? 0.06% APY. THAT'S IT That's all you earn on average right now in 2022 according to the FDIC, in most USA savings accounts. In this video, you will see EXACTLY how you can participate in one of the biggest financial opportunities of our lifetime.

Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward

NEW YORK (AP) — The gunman who the CEO of the largest U.S. health insurer likely left New York City on a bus soon after the brazen ambush that has shaken corporate America, police officials said. But he left something behind: a backpack that was discovered in Central Park.

EPA awards $144 million to California to phase out big diesel trucks

SAN FRANCISCO (AP) — The Environmental Protection Agency is awarding $144 million in grants to fund 13 projects in California to help the state wean off fossil fuels and phase out big rigs that run on diesel.

Buffett, Bloomberg, & 48 Congress Members Are Buying 1 Sector - Ad

Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market... The last time we saw the world's wealthiest investors move their cash into this corner of the market, Stocks exploded 2,020%, 5,609% Even as high as 8,437% in just ONE year. Now, it's all happening again.

Nissan Stock Soar Over 20% On Merger Talks With Honda, Mitsubishi Spikes

Nissan Motor Co. shares surged 22.54% on Wednesday after the reports of merger talks with Honda Motor Co. Honda's stock slipped 2% amid broader market declines, with the Nikkei 225 index closing down 0.55%.

BMW Takes Down Appreciation For Tesla FSD, Dashing Hopes Of A Licensing Deal With The EV Giant: Elon Musk Says 'Too Bad'

German automaker BMW on Wednesday took down its appreciation for Tesla's full self-driving (FSD) driver assistance system without an explanation, merely hours after posting it on X.

Sell Nothing. Retire Early. Mission Complete. - Ad

What if you could retire in 3 years instead of 10-15? While everyone is trying to trade the market and gamble on poop coins and meme coins, some people are using a little known method to actually earn passive returns. We probably have 3 years to exploit this before the party is over. That's plenty of time to retire early in crypto.

As data centers proliferate, conflict with local communities follows

ALEXANDRIA, Va. (AP) — Richard Andre Newman thought he would live the rest of his life in his quiet, leafy neighborhood in suburban . He was born and raised in Bren Mar Park, where children ride their bikes and neighbors wave hello.

Mesoblast's Cell Therapy Treatment For Graft Versus Host Disease Gets FDA Approval, Stock Surges

Mesoblast's Ryoncil is now FDA-approved for pediatric SR-aGvHD, marking a milestone in mesenchymal stromal cell therapies in the U.S.

Is Artificial Intelligence the Biggest Bubble in History? - Ad

Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?

Stock market today: Asian shares are mixed after Nasdaq sets a record ahead of Fed meeting

BANGKOK (AP) — Shares were mixed in Asia on Tuesday after the Nasdaq set a record ahead of a meeting by the later this week that could set the direction for markets in the new year.

Americans end 2024 with grim economic outlook, but Republicans are optimistic for 2025: AP-NORC poll

WASHINGTON (AP) — The and the but Democrats are feeling more pessimistic about the U.S. economy after , according to a new poll.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

Larry Summers Warns Of Nixon-Era Risks In Trump's Term: Policies Could Trigger 'Significantly Larger' Inflation

Former U.S. Treasury Secretary Larry Summers cautioned on Wednesday, Dec. 11, 2024, that President-elect Donald Trump's proposed economic policies could trigger more severe inflation than the surge experienced during President Joe Biden's term, highlighting potential risks for investors and markets.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service