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Stock impact report

INCY Wins EC Approval for Label Expansion of Oncology Drug Zynyz [Yahoo! Finance]

Incyte Corporation (INCY) 
Last incyte corporation earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: incyte.com/ir/investor-overview.aspx
Company Research Source: Yahoo! Finance
Incyte INCY recently announced that the European Commission has approved a label expansion of oncology drug Zynyz (retifanlimab) for a second indication. The drug is now approved in the EU in combination with chemotherapy for the first-line treatment of adults with metastatic or inoperable locally recurrent squamous cell carcinoma of the anal canal (SCAC). Zynyz is a PD-1 immune checkpoint inhibitor designed to help the immune system recognize and attack cancer cells. The decision marks the first systemic treatment approved in Europe for newly diagnosed patients with advanced SCAC and expands Incyte's growing oncology portfolio. Shares of Incyte have gained 34.4% in the past year compared with the industry's 12.5% growth. Zacks Investment Research Image Source: Zacks Investment Research More on INCY's Zynyz The EC approval was based on results from the late-stage POD1UM-303 (InterAACT2) study, which evaluated Zynyz or placebo in combination with platinum-based chemoth Show less Read more
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