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Compugen to Present New Clinical Data at SITC 2024

Key Takeaway: Compugen Ltd. announced that it will present new clinical data on its drug combination of COM701, COM902, and pembrolizumab at the 39th Annual Meeting of the Society for Immunotherapy of Cancer (SITC) from November 8-10, 2024. This data highlights the anti-tumor activity and safety of the treatment in heavily pre-treated patients with platinum-resistant ovarian cancer. The presentation will be led by Dr. Oladapo Yeku from Massachusetts General Hospital, showcasing interim results from a Phase I trial. Compugen is focused on cancer immunotherapy and has promising candidates in its pipeline.
Price reaction · baseline $1.83 (2024-10-04 close) · clean, no other CGEN news in the window
day 0 close · peak
-3.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • New clinical data shows anti-tumor activity and safety in patient trials.
  • Presentation at a notable scientific conference (SITC 2024) enhances visibility.
  • Potential first-in-class therapy may positively impact treatment options for patients.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+50%
120-day peak, hindsight
Typical move
5.3%
average across 4 past catalysts
Lead asset
COM701
Phase 1 · Advanced Cancer

Full Press Release Details

HOLON, Israel, Oct. 7, 2024 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN) (TASE: CGEN) a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, today announced, that new clinical data supporting the anti-tumor activity and safety of the triple combination COM701, COM902 and pembrolizumb in heavily pre-treated patients with platinum resistant ovarian cancer will be presented at the 39th Annual Meeting of the Society for Immunotherapy of Cancer (SITC), taking place between November 8-10, 2024, in Houston, Texas.
Poster presentation details:
Abstract Title: Triple blockade of DNAM-1axis with COM701 (anti-PVRIG) + COM902 (anti-TIGIT) + pembrolizumab shows preliminary antitumor activity in patients with platinum resistant ovarian cancer, interim results of Phase I trial
Abstract number: 985
Presenter: Dr. Oladapo Yeku, Medical Oncologist, Massachusetts General Hospital
Date: Friday, November 8, 2024
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery platform (UnigenTM) to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has two proprietary product candidates in Phase 1 development: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class antibody targeting TIGIT for the treatment of solid tumors. Rilvegostomig, a PD-1/TIGIT bispecific antibody where the TIGIT component is derived from Compugen's clinical stage anti-TIGIT antibody, COM902, is in Phase 3 development by AstraZeneca through a license agreement for the development of bispecific and multispecific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, of which the most advanced program, COM503, a potential first-in-class, high affinity anti-IL-18 binding protein antibody, which has been granted IND clearance from the FDA, is licensed to Gilead. Compugen is headquartered in Israel, with offices in San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Yvonne Naughton, Ph.D.
VP, Head of Investor Relations and Corporate Communications
Email: [email protected]

Frequently Asked Questions

What is COM701 used for?

COM701 is a potential first-in-class anti-PVRIG antibody aimed at treating solid tumors.

When will the new clinical data be presented?

New clinical data will be presented from November 8-10, 2024, at SITC.

Who will present the clinical data?

Dr. Oladapo Yeku will present the clinical data during the conference.

What is the main focus of Compugen's research?

Compugen focuses on discovering new cancer immunotherapy targets using computational methods.

What is the significance of COM902?

COM902 is seen as a potential best-in-class antibody targeting TIGIT for solid tumors.

Last updated: Oct 7, 2024