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Stock impact report

Inhibrx shares surge after bone cancer drug slows disease progression in trial [Yahoo! Finance Canada]

Inhibrx, Inc. (INBX) 
In the 206-patient study, the drug, ozekibart, extended the time patients lived without their cancer worsening to 5.52 months, compared with 2.66 months for those on placebo. Inhibrx said it plans to submit a marketing application to the U.S. Food and Drug Administration in the second quarter of 2026. The company was testing the drug to treat chondrosarcoma, a rare type of cancer that starts in the bones and mainly affects the cartilage, the flexible tissue around joints. There are currently no FDA-approved treatments for the disease. The drug also helped control the disease and improved patients' quality of life, including delaying pain and physical decline. The benefit was seen across different patient groups, including those with and without IDH mutations, which are common in chondrosarcoma. "I am very encouraged and enthusiastic about ozekibart and the impact I have seen on my sarcoma patients," said Dr Robin Jones of the Royal Marsden Hospital in London. The treatmen Show less Read more
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