Shares in West Coast, USA-based oncology specialist Immune Design (Nasdaq: IMDZ) have fallen more than a third since it announced an unfavorable early analysis of a Phase II trial of its cancer vaccine candidate CMB305.
The firm announced it would stop the trial into CMB305, which was testing the candidate in combination with Roche’s (ROG: SIX) Tecentriq (atezolizumab), in relapsed synovial sarcoma patients.
Data from the SYNOVATE trial showed the therapy was not likely to show a survival benefit.
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