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GSK reports 100% response in rectal cancer study with Jemperli

EditorNatashya Angelica
Published 03/06/2024, 19:04
GSK
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PHILADELPHIA - GSK plc (LSE/NYSE: LON:GSK) has shared updated results from a phase II study conducted in collaboration with Memorial Sloan Kettering Cancer Center, showcasing a 100% clinical complete response rate in patients treated with Jemperli (dostarlimab-gxly) for dMMR locally advanced rectal cancer. The findings were presented at the American Society of Clinical Oncology Annual Meeting held in Chicago.

The study involved 42 patients who demonstrated complete pathologic response or no evidence of tumors, as assessed by various medical examinations, after completing treatment with dostarlimab-gxly. This drug serves as a first-line treatment alternative to surgery in this patient population. The initial cohort of 24 patients showed sustained clinical complete responses over a median follow-up period of 26.3 months.

Currently, the standard of care for dMMR/microsatellite instability-high rectal cancer includes chemotherapy, radiation, and surgery. These treatments often result in long-term adverse effects, negatively impacting patients' quality of life.

The potential of dostarlimab-gxly as a new treatment option is particularly significant as it could lead to complete tumor regression without the need for invasive procedures that carry the risk of such long-term consequences.

Dr. Andrea Cercek, the study's principal investigator from MSK, highlighted the importance of these findings, which suggest a novel approach to treating locally advanced dMMR rectal cancer with durable results and without life-altering standard treatments.

The safety profile of dostarlimab-gxly was consistent with previous knowledge, with no reported adverse events of grade 3 or higher in this trial. While the drug is not yet approved for the frontline treatment of locally advanced dMMR rectal cancer, GSK is conducting additional registrational studies through the AZUR clinical trial program to further investigate its efficacy and safety in various stages of dMMR/MSI-H colorectal cancer.

Rectal cancer is a type of colorectal cancer that begins in the rectum. dMMR/MSI-H rectal cancers, which account for 5-10% of all rectal cancers, have abnormalities in DNA repair mechanisms, making them potentially responsive to immune checkpoint blockade therapies like PD-1 inhibitors.

The information for this article is based on a press release statement.

InvestingPro Insights

As GSK (LSE/NYSE: GSK) continues to make strides in the pharmaceutical industry with its innovative cancer treatment, Jemperli, investors are closely monitoring the company's financial health and market performance.

According to InvestingPro real-time data, GSK boasts a robust market capitalization of 83.51 billion USD, underscoring its significant presence in the market. The company's P/E ratio stands at 14.63, with an adjusted P/E ratio for the last twelve months as of Q1 2024 at a lower 9.81, which may suggest a potentially attractive valuation for investors seeking growth opportunities in the healthcare sector.

The company's strong financial position is further highlighted by a gross profit margin of 72.67% over the same period, indicating efficient operations and a solid competitive edge. Additionally, GSK has exhibited a healthy revenue growth of 5.93% in Q1 2024, reflecting its ability to expand and generate increased sales amidst a dynamic market landscape.

InvestingPro Tips reveal that GSK is recognized for its high shareholder yield and strong free cash flow yield, which could be appealing to investors looking for companies with a potential for return on investment. Moreover, GSK's stock is known to trade with low price volatility, providing a degree of stability in an investor's portfolio.

It is worth noting that there are 11 additional InvestingPro Tips available, including insights on the company's dividend reliability, with GSK having maintained dividend payments for 24 consecutive years, and its profitability predictions for the current year. For those interested in delving deeper into these insights, you can use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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