Jun. 3 at 12:29 AM
$RVMD $LABU $XBI $BIB $SPY
Revolution Medicines, Inc. has delivered unprecedented Phase 3 data for daraxonrasib in second-line metastatic pancreatic cancer, nearly doubling overall survival versus chemotherapy.
RVMD's daraxonrasib reduced death risk by 60%, with a median OS of 13.2 months versus 6.6 months for chemotherapy, and showed a favorable safety profile. There is a strong clinical results and potential for
$5BN+ peak PDAC revenues .
In the overall population, the objective response rate was 31.6% with daraxonrasib compared with 11.2% for chemotherapy.
Daraxonrasib reduced the risk of death by 60% compared with chemotherapy.
No prior Phase III study in metastatic pancreatic cancer has demonstrated median overall survival exceeding 1 year in any line of therapy