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Oncopeptides’ Pepaxti Shows Promising Long-term Results in Myeloma Treatment

Story Highlights
  • Oncopeptides AB is a Swedish biotech company focusing on targeted cancer therapies.
  • Pepaxti demonstrates long-lasting responses in multiple myeloma patients, offering a significant treatment option.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Oncopeptides’ Pepaxti Shows Promising Long-term Results in Myeloma Treatment

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Oncopeptides AB ( (SE:ONCO) ) has issued an update.

Oncopeptides AB announced the publication of three case reports in the Journal of Cancer Research and Clinical Oncology, showcasing long-lasting responses to their drug Pepaxti in patients with relapsed or refractory multiple myeloma. These findings, derived from the OCEAN and HORIZON studies, highlight Pepaxti’s potential as a significant treatment option for patients who may not have access to novel immunotherapies, demonstrating its ability to deliver sustained benefits and durable remissions in real-world settings.

The most recent analyst rating on (SE:ONCO) stock is a Hold with a SEK5.00 price target. To see the full list of analyst forecasts on Oncopeptides AB stock, see the SE:ONCO Stock Forecast page.

More about Oncopeptides AB

Oncopeptides AB is a Swedish biotech company that specializes in the research, development, and commercialization of targeted therapies for difficult-to-treat cancers. Utilizing its proprietary Peptide Drug Conjugate platform, the company develops compounds that selectively deliver cytotoxic agents into cancer cells. Its flagship drug, Pepaxti, is being commercialized in Europe and has partnership agreements in South Korea, the Middle East, and Africa. Oncopeptides is listed on Nasdaq Stockholm and operates in several European countries.

Average Trading Volume: 5,382,185

Technical Sentiment Signal: Buy

Current Market Cap: SEK1.33B

For an in-depth examination of ONCO stock, go to TipRanks’ Overview page.

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