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Novartis and Olema’s Phase 1b Breast Cancer Study: Market Watch

Novartis and Olema’s Phase 1b Breast Cancer Study: Market Watch

Novartis AG ((NVS)), DEL_Novartis (0QM7) ((DEL_0QM7)), DEL_Novartis Inc ((DEL_0QLR)), Novartis ((CH:NOVN)) announced an update on their ongoing clinical study.

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Novartis AG is collaborating with Olema Pharmaceuticals on a Phase 1b clinical study titled A Phase 1b Open-Label Multicenter Study of OP-1250 (Palazestrant) in Combination With the CDK4/6 Inhibitor Ribociclib, With the PI3K Inhibitor Alpelisib, or With the mTOR Inhibitor Everolimus in Adult Subjects With Advanced and/or Metastatic ER Positive, HER2 Negative Breast Cancer. The study aims to evaluate the safety and pharmacokinetics of Palazestrant in combination with three different inhibitors, targeting advanced breast cancer treatment.

The study tests Palazestrant, a complete estrogen receptor antagonist, in combination with Ribociclib, Alpelisib, and Everolimus. These combinations aim to enhance treatment efficacy in ER+, HER2- breast cancer.

This interventional study is non-randomized with a parallel intervention model and no masking, focusing on treatment as the primary purpose. It includes two parts: dose escalation and dose expansion, to determine the optimal dosing and explore anti-tumor activity.

The study began on August 31, 2022, with an estimated completion update submitted on August 12, 2025. These dates are crucial for tracking progress and anticipating results that could influence market dynamics.

As the study progresses, it could impact Novartis’s stock performance positively if successful, given the potential for new treatment options in a competitive oncology market. Investors should monitor updates closely, considering the broader industry context.

The study is ongoing, and further details are available on the ClinicalTrials portal.

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