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Inhibrx advances cancer drugs with FDA review for ozekibart due by April 2027

Market News
09 Sep 2026
Seeking Alpha
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Bullish
Inhibrx advances cancer drugs with FDA review for ozekibart due by April 2027

Inhibrx is progressing its cancer treatments ozekibart and INBRX-106, targeting rare cancers and large immuno-oncology markets. Ozekibart showed a 52% risk reduction in chondrosarcoma progression and strong responses in colorectal and Ewing sarcoma, leading to previous stock gains. INBRX-106 combined with Keytruda demonstrated promising results in head and neck cancer, especially in HPV+ patients. The FDA will decide on ozekibart's Biologics License Application by April 2027, with Inhibrx expanding Phase 2 trials for INBRX-106 aiming for accelerated approval in a $4 billion HPV+ head and neck cancer market and broader immunogenic tumor opportunities worth over $50 billion.

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Chewy doubles earnings estimates with $0.36 EPS and raises sales guidance, boosting stock.

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