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Stock impact report

Lung Cancer Research Foundation Announces Research Grant Awards [Yahoo! Finance]

DAIICHI SANKYO S/ADR (DSNKY) 
Company Research Source: Yahoo! Finance
NEW YORK March 12, 2024 /PRNewswire/ -- The Lung Cancer Research Foundation (LCRF) has announced three research grant awards funded by Daiichi Sankyo and AstraZeneca, totaling , focused on further developing the understanding of the proposed mechanism of action of antibody drug conjugates (ADCs), exploring biomarkers and blood-based biomarkers for the primary and acquired resistance mechanisms to TROP2- or HER2-directed ADCs and exploring the use of ADCs in lung cancer types beyond non-small cell lung cancer (NSCLC). ADCs are designed to specifically target cancer cells and selectively deliver a highly potent payload, which may limit damage to healthy cells. An ADC comprises a monoclonal antibody that recognizes a protein present on the cancer cells, and is bound to a cytotoxic agent, known as the payload. The use of ADCs is common practice in several cancers, and currently, multiple phase 3 trials of ADCs in NSCLC are underway. "LCRF is honored to continue its long legacy of i Show less Read more
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