Financial Wire

Immutep Says US FDA Grants Orphan Drug Designation for Treatment of Soft Tissue Sarcoma, Shares Soar 41%

-- Immutep (ASX:IMM) said the US Food and Drug Administration (FDA) granted orphan drug designation for its eftilagimod alfa drug candidate for the treatment of soft tissue sarcoma, according to a Wednesday Australian bourse filing.

The investigator-initiated phase II EFTISARC-NEO trial, which was evaluating eftilagimod alfa in combination with radiotherapy and KEYTRUDA in the neoadjuvant setting in patients with resectable soft tissue sarcoma, met its primary endpoint, demonstrating a median tumor hyalinization/fibrosis of 51.5%.

Its shares soared 41% in recent trading on Wednesday.

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ISOTeam Secures Contract Worth SG$30 Million; Shares Up 4%

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