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0.000364497904136979 0.000728995808274087 -0.00136686714051399 -0.0014579916165483 -0.000637871332239907 -0.00838345179515219 -0.00788226717696382 -0.00692546017860402
Stock impact report

FDA Expands J&J's (JNJ) Carvykti Label in Multiple Myeloma [Yahoo! Finance]

Legend Biotech Corporation - American Depositary Shares (LEGN) 
Company Research Source: Yahoo! Finance
The therapy has been developed in collaboration with Legend Biotech Corporation LEGN. Carvykti is now approved to treat adult patients with relapsed/refractory (r/r) MM who have received at least one prior line of therapy, including a proteasome inhibitor (PI) and an immunomodulatory agent (IMiD) and who are refractory to Bristol-Myers ' BMY Revlimid (lenalidomide). The label expansion was expected as an FDA advisory committee unanimously recommended Carvykti for the second-line treatment of adults with r/r MM last month. Both the recommendation and approval are based on survival and safety data from the late-stage CARTITUDE-4 study, which showed that the earlier use of Carvykti reduced the risk of disease progression or death by 59%, compared with the current standard of care treatments. Year to date, J&J's shares have lost 2.8% against the industry's 12.4% increase. Image Source: Zacks Investment Research A B-cell maturation antigen (BCMA) CAR-T therapy, Carvykti was ini Show less Read more
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