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GMAB's Rina-S shows 45.9% response in ovarian cancer trial, advancing to Phase 3 studies.

Market News
06 Oct 2026, 01:00 WIB
Tony Dante
View Source
Bullish
GMAB's Rina-S shows 45.9% response in ovarian cancer trial, advancing to Phase 3 studies.

GMAB's investigational drug Rina-S demonstrated a 45.9% confirmed response rate in a Phase 1/2 trial for platinum-resistant ovarian cancer, with a median response duration of 12.1 months and median progression-free survival of 9.5 months. Despite serious adverse events in about one-third of patients, the positive results support moving forward to Phase 3 trials. Analyst Michael Schmidt set a $54 price target for GMAB, suggesting significant upside from the current $34.75 share price, supported by strong financials including a 32.3% operating profit margin. Rina-S remains investigational, with safety and effectiveness yet to be fully established.

GMAB's Rina-S ovarian cancer trial results come as Pluang's Health sector shows 61 of 100 US stocks rising today. For readers following health stocks, here is Pluang's market snapshot as of Oct 06, 2026 03:02 WIB: ADPT at USD 29.71 rose 4.80% with 100% sell orders, CYTK at USD 62.59 fell 4.59%, and TXG at USD 97.74 rose 4.53% with 73% buy orders and a typical hold time of 93 days.

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