On December 9, 2024, Ichnos Glenmark Innovation (IGI), a global clinical-stage biotech company, shared initial clinical data from its Phase 1 study of ISB 2001, a trispecific TREAT™ antibody. The results at the 66th American Society of Hematology (ASH) Annual Meeting in San Diego show potential for revolutionising multiple myeloma treatment.
ISB 2001, developed using IGI’s proprietary BEAT® platform, targets BCMA and CD38 on myeloma cells and CD3 on T cells. Its innovative tri-specific design improves binding to tumour cells while reducing off-target effects.
The drug offers a novel approach for patients who have relapsed after using first-generation bispecifics and CAR-T therapies. Durable and deep responses suggest the potential for less frequent dosing due to its long half-life of over 10 days.
According to Professor Hang Quach, M.D., of the University of Melbourne, ISB 2001 could transform the treatment landscape for RRMM patients. The results are among the most impressive seen in this challenging patient group.
IGI is a collaboration between Ichnos Sciences and Glenmark Pharmaceuticals, combining expertise in biologics and small molecule drug discovery. With innovation centres in the USA, Switzerland, and India, IGI is advancing novel therapies for haematological and solid tumour cancers.
ISB 2001’s development highlights IGI’s commitment to addressing unmet needs in oncology with cutting-edge solutions.
Glenmark Pharmaceuticals share price is currently trading at ₹1,547.80, up by ₹33.65 or 2.22% as of 10:15 AM on December 10, 2024. The stock opened at ₹1,535.00, reached a high of ₹1,576.50, and a low of ₹1,521.00 during the day. The company’s market capitalisation stands at ₹43.68K crore, and it has a dividend yield of 0.16%. Glenmark’s 52-week high is ₹1,830.95, while the 52-week low is ₹771.00.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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