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Xencor (XNCR) Stock News, Oct 2, 2020

XNCR NASDAQ

Xencor, Inc. develops engineered antibody therapeutics for cancer and autoimmune diseases using its XmAb technology platform and related antibody-engineering formats. News about XNCR commonly covers clinical and preclinical updates for XmAb drug candidates, including TL1A programs such as XmAb942 and XmAb412, T-cell engaging bispecific antibodies such as XmAb819 and XmAb541, and presentations of data at medical meetings.

Recurring company updates also include quarterly financial results, research-and-development priorities, collaboration and licensing activity, intellectual-property developments tied to Xtend Fc domain technology, and royalty matters involving partner-marketed medicines such as Ultomiris.

Rhea-AI Summary

Xencor, Inc. (NASDAQ:XNCR) announced initial data from its ongoing Phase 1 study of tidutamab (XmAb®18087), a bispecific antibody targeting neuroendocrine tumors (NETs). Presented at the NANETS 2020 symposium, the preliminary results indicate that tidutamab was well-tolerated, showing dose-dependent T-cell proliferation. The study involved 27 patients with various NETs, achieving a disease control rate of 43%. Xencor plans further studies in Merkel cell carcinoma and small cell lung cancer, emphasizing tidutamab's promising safety profile and potential efficacy in solid tumors.

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FAQ

What is the current stock price of Xencor (XNCR)?

Xencor (XNCR) last closed at $34.05.

What is the market cap of Xencor (XNCR)?

The market cap of Xencor (XNCR) is approximately $2.5B.