ArriVent BioPharma's Phase 3 trial for a lung cancer treatment failed to meet expectations due to unexpectedly strong results from chemotherapy patients. Analysts are now shifting attention to a late-stage test of the tyrosine kinase inhibitor in another lung cancer type and the company's antibody-drug conjugate pipeline.
ArriVent BioPharma’s Phase 3 lung cancer trial was clouded by stronger-than-expected data for patients receiving chemotherapy, prompting analysts to pivot focus to a late-stage test of the tyrosine kinase inhibitor in a different type of lung cancer and to the biotech’s antibody-drug conjugate pipeline.
Original title: “ArriVent sheds nearly half of value on late-stage lung cancer miss”