AbiVax's shares plummeted over 30% following reports of cancer cases among recipients of its immune drug, despite analysts labeling the efficacy results as 'best-in-disease.' The safety concerns have overshadowed the promising data, raising questions about the drug's future.
A handful of cancer cases reported among treatment recipients overshadowed efficacy results analysts described as “best-in-disease” and sent shares down more than 30%.
Original title: “AbiVax falls as safety worries cloud ‘landmark’ immune drug results”