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06/23/20 8:22 AM

#142923 RE: RLBLB #142913

KTOV > Jun. 23, 2020 8:06 AM ET|About: Kitov Pharma Ltd (KTOV)|By: Mamta Mayani, SA News Editor

Kitov Pharma (NASDAQ:KTOV) is up 49% premarket on the heels of providing updates on clinical progress of CM-24 and NT-219.

The company will collaborate with Bristol Myers Squibb (NYSE:BMY) on a Phase 1 study of CM-24 in combination with BMY's Opdivo (nivolumab) for non-small-cell lung carcinoma and pancreatic cancer. The study is expected to begin in Q4 with data expected in H1 2021.

The FDA has signed off on its IND for NT-219, as monotherapy or in combination with Erbitux, for the treatment of recurrent or metastatic solid tumors and head and neck cancer. Phase 1 data are expected in H1 2021.