News Focus
News Focus
icon url

DewDiligence

07/18/22 10:50 AM

#243223 RE: DewDiligence #242314

SESN -29% on discontinuation of Vicenuem program:

https://finance.yahoo.com/news/sesen-bio-announces-strategic-decision-113000415.html

Sesen Bio today announced that it has made the strategic decision to voluntarily pause further development in the US of its lead asset, Vicineum. The decision was based on a thorough reassessment of Vicineum, which included the incremental development timeline and associated costs for an additional Phase 3 clinical trial for the treatment of non-muscle invasive bladder cancer (NMIBC), following recent discussions with the US Food & Drug Administration (FDA).