tiprankstipranks
Amplia Therapeutics Unveils Promising Data for Narmafotinib at Keystone Meeting
Company Announcements

Amplia Therapeutics Unveils Promising Data for Narmafotinib at Keystone Meeting

Story Highlights
  • Amplia Therapeutics presented promising data for narmafotinib in pancreatic cancer treatment.
  • Narmafotinib shows enhanced chemotherapy efficacy and resistance inhibition in trials.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Amplia Therapeutics Ltd. ( (AU:ATX) ) just unveiled an update.

Amplia Therapeutics has presented new data from its ACCENT trial at the Keystone Meeting, highlighting the promising effects of its drug narmafotinib in treating pancreatic cancer. The data suggests narmafotinib not only reduces tumor size in a dose-dependent manner but also enhances the efficacy of chemotherapy and inhibits resistance. The drug’s potential is further supported by its anti-fibrotic effects and its cooperative action with the KRas inhibitor adagrasib in preclinical models, suggesting a significant commercial potential and impact on treatment protocols for difficult-to-treat cancers.

More about Amplia Therapeutics Ltd.

Amplia Therapeutics Limited is an Australian pharmaceutical company developing Focal Adhesion Kinase (FAK) inhibitors for cancer and fibrosis, with a focus on fibrotic cancers such as pancreatic and ovarian cancer. The company targets the significant role of FAK in cancer and chronic diseases like idiopathic pulmonary fibrosis (IPF).

YTD Price Performance: 57.50%

Average Trading Volume: 30,019

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $20.9M

See more insights into ATX stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App