Hot update initiated MacroGenics, Inc. (MGNX) surge in the Post-market session

NXTP Stock
NXTP Stock

MacroGenics, Inc. (NASDAQ: MGNX), shares zipped 13.27% in the post-market to reached $28. A biopharmaceutical corporation devoted to the production and promotion of novel cancer medication monoclonal antibody-based therapeutics has confirmed that the U.S. MARGENZA, in combination with chemotherapy, has been regulated by the FDA for the treatment of adult patients with metastatic HER2-positive breast cancer who have undergone two or more previous anti-HER2 regimens, plus at least one for metastatic disease.

MARGENZA is being further developed by MacroGenics, with funding from Zai Lab in Greater China, for the treatment of advanced gastric cancer. The acceptance in the U.S. for breast cancer was focused on the safety and effectiveness findings of the Phase 3 SOPHIA pivotal trial.

Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report


MARGENZA’s approval was based on the results of SOPHIA, a randomized Phase 3 clinical trial. This study included 536 patients and found a statistically significant 24% reduction in the risk of progression or death with MARGENZA plus chemotherapy compared with trastuzumab plus chemotherapy (P=0.033; median PFS 5.8 vs 4.9 months). The objective response rate for MARGENZA plus chemotherapy was 22% and for trastuzumab plus chemotherapy was 16%. The final Overall Survival (OS) analysis is expected in the second half of 2021.

Read More


Please enter your comment!
Please enter your name here