Oncternal to collaborate with an AbbVie company for its phase 3 lymphoma study

Jul. 14, 2022 4:16 PM ETOncternal Therapeutics, Inc. (ONCT)ABBVBy: Anuron Mitra, SA News Editor

Lymphoma Cancer Cell

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  • Oncternal Therapeutics (NASDAQ:ONCT) on Thursday said it had entered into a clinical trial collaboration with AbbVie (ABBV) company Pharmacyclics to support its phase 3 lymphoma study.
  • ONCT stock gained ~9% to $1.22 after hours.
  • As per the terms of the collaboration, Pharmacyclics will supply its lymphoma medicine ibrutinib for ONCT's late-stage trial.
  • ONCT's late-stage trial, called ZILO-301, is evaluating the company's monoclonal antibody zilovertamab in combination with ibrutinib for the treatment of relapsed or refractory mantle cell lymphoma, a rare type of cancer of the lymphatic system.
  • The agreement also includes the supply of ibrutinib for ZILO-302, an open-label companion study of zilovertamab plus ibrutinib for patients who have progressive disease during the initial four months of ibrutinib monotherapy from the ZILO-301 study.
  • Pharmacyclics' ibrutinib is FDA approved under the brand name Imbruvica for the treatment of various types of lymphoma and leukemia.

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