Macrogenics Inc (NAS:MGNX)
$ 4.36 0.25 (6.07%) Market Cap: 273.08 Mil Enterprise Value: 122.86 Mil PE Ratio: 0 PB Ratio: 2.57 GF Score: 60/100

MacroGenics Inc at Morgan Stanley Healthcare Conference Transcript

Sep 10, 2019 / 02:35PM GMT
Release Date Price: $14.42 (+7.45%)
Scott Koenig
MacroGenics, Inc. - CEO, President & Director

David has been delayed. So I'll be happy to actually comment -- I mean as you know, we have a company that is sort of at a wonderful juncture in its development right now. Just to refresh your memory, we have currently 9 molecules in Phase I to Phase III development. There is a lot of focus these days on margetuximab. As you recall, margetuximab is an Fc-engineered antibody targeted to HER2. It's one of the 2 proprietary platforms that MacroGenics has developed along with our bispecific multispecific DART program.

Just to give you a little bit of sense of where we are on margetuximab. As you recall, in February of this year, we announced a positive Phase III data in a trial called SOPHIA, where we are comparing the activity in late-stage third-line metastatic breast cancer in patients who have been experienced with HERCEPTIN, Perjeta and Kadcyla. And we did a comparison against HERCEPTIN in combination with chemotherapy. We had a successful readout on the first sequential endpoint, which was PFS, where we saw an improvement in intent

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