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Olema Oncology to Present New Palazestrant Clinical Data in Combination with CDK4/6 Inhibitors at the 2023 San Antonio Breast Cancer Symposium (SABCS)

Key Takeaway: Olema Pharmaceuticals, Inc. (OLMA) announced the presentation of new clinical data for palazestrant at the upcoming 2023 San Antonio Breast Cancer Symposium. The data includes a Phase 1b study in combination with ribociclib, a Phase 2 study with palbociclib, and an ongoing Phase 3 trial (OPERA-01) assessing palazestrant. These presentations will take place on December 7, 2023, and will provide key insights into palazestrant's potential in treating advanced breast cancer. An investor conference call is scheduled for December 8, 2023, to discuss these findings further.

Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation of promising Phase 1b clinical data for palazestrant.
  • Relevance of palazestrant in combination therapies targeting advanced breast cancer.
  • Involvement in a pivotal Phase 3 trial, OPERA-01, signaling commitment to research.

Full Press Release Details

Presentations detailing initial Phase 1b clinical data for palazestrant in combination with ribociclib, a Poster Spotlight Session on Phase 2 clinical data for palazestrant in combination with palbociclib, and the OPERA-01 Phase 3 clinical trial in progress will be presented on Dec. 7, 2023
Olema will host an investor conference call at 8:00 a.m. ET on Dec. 8, 2023
SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Olema Pharmaceuticals, Inc. (“Olema” or “Olema Oncology,” Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers, today announced that it will be presenting new Phase 1b/2 clinical data of palazestrant (OP-1250) in combination with CDK4/6 inhibitor ribociclib, a Poster Spotlight Session on Phase 2 clinical data of palazestrant in combination with palbociclib, and a trial-in-progress poster for the OPERA-01 monotherapy Phase 3 pivotal trial at the upcoming San Antonio Breast Cancer Symposium (SABCS) being held December 5-9, 2023, at the Henry B. Gonzalez Convention Center in San Antonio, Texas.
Details of the SABCS 2023 poster presentations are:
Title : A Phase 1b/2 study of palazestrant (OP-1250) in combination with ribociclib in patients with estrogen receptor-positive, human epidermal growth factor receptor 2-negative, advanced and/or metastatic breast cancer.
Poster ID : PO4-04-12
Session Title : Poster Session 4
Date & Time : Thursday, December 7, 2023, 5:00 – 7:00 p.m. CT
Location: Halls 2-3
Title : A Phase 1b/2 study of palazestrant (OP-1250), an oral complete estrogen receptor antagonist (CERAN) and selective ER degrader (SERD), with palbociclib in ER-positive, HER2-negative, advanced or metastatic breast cancer patients.
Presenter: Arlene Chan, FRACP, MMed, Breast Cancer Research Centre-WA, Curtin University, Breast Clinical Trials Unit, Hollywood Private Hospital, Nedlands, Australia
Poster ID : PS15-04
Session Title : Novel Nuclear Receptor Targeting Therapies
Date & Time : Thursday, December 7, 2023, 5:30 – 6:30 p.m. CT
Location: Stars at Night Ballroom 1-2
Title : OPERA-01: A randomized, open-label, phase 3, study of palazestrant (OP-1250) vs standard-of-care treatment for ER+, HER2- advanced or metastatic breast cancer after endocrine and CDK4/6 inhibitor therapy.
Poster ID : PO3-18-09
Session Title : Poster Session 3
Date & Time : Thursday, December 7, 2023, 12:00 – 2:00 p.m. CT
Location: Halls 2-3
A copy of the presentations will be made available on Olema’s website under the Science section when it is presented at the symposium. Abstracts for the posters can be found on the SABCS 2023 website here.
Company Investor Webcast and Conference Call
Olema will host a webcast and conference call for analysts and investors to review data presented at SABCS 2023 as well as other ongoing studies on Friday, December 8, 2023, at 8:00 a.m. ET (7:00 a.m. CT). Please register for the webcast by visiting the Investors & Media section of Olema’s website at olema.com.
About Olema Oncology
Geoffrey Mogilner, Vice President, Investor Relations and Communications

Frequently Asked Questions

When will Olema present new clinical data for palazestrant?

Olema will present new Phase 1b/2 clinical data on December 7, 2023.

What is the OPERA-01 trial about?

The OPERA-01 trial is a Phase 3 study of palazestrant for breast cancer.

Where is the SABCS 2023 being held?

The SABCS 2023 is located at the Henry B. Gonzalez Convention Center in Texas.

When is Olema's investor conference call scheduled?

Olema's investor conference call is on December 8, 2023, at 8:00 a.m. ET.

Who will present the clinical data on palazestrant and palbociclib?

Arlene Chan will present the data on palazestrant and palbociclib.

Last updated: Nov 28, 2023