Bavarian Nordic soars on news of study into Tecentriq dual-therapy
Denmark’s Bavarian Nordic (OMX: BAVA) has signed a deal with Roche (ROG: SIX) whereby the Swiss giant will supply Tecentriq (atezolizumab) for a clinical study testing the antibody in combination with cancer vaccine CV301.
Bavarian Nordic will undertake a Phase II study involving a sub-group of bladder cancer patients with disease progression, a patient population where Tecentriq has accelerated approval in the USA. Shares in the company are up 7% following the announcement.
Bavarian Nordic will be responsible for conducting the clinical trial, which is expected to kick off this year, and both companies will share the data that results from it.
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