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AnaptysBio Shares Rise After FDA Expands Jemperli Approval

The accelerated approval adds a use for GSK’s cancer treatment in a type of rectal cancer.

A medicine vial rests on a stainless steel pharmacy counter. / TokenPost.ai
A medicine vial rests on a stainless steel pharmacy counter. / TokenPost.ai

AnaptysBio shares rose Monday, Oct. 19, after the U.S. Food and Drug Administration (FDA) expanded approval of GSK’s Jemperli for a type of rectal cancer through its accelerated pathway.

The decision adds a use to the label for Jemperli, an anti-PD-1 cancer treatment. AnaptysBio is GSK’s partner on the drug.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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