Affimed To Continue Enrollment In AFM13 Lymphoma Study After Positive Interim Data


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Following the Independent Review Committee's assessment, Affimed NV (NASDAQ: AFMDwill continue enrollment in Phase 2 REDIRECT trial evaluating AFM13 as a monotherapy for relapsed or refractory CD30-positive peripheral T-cell lymphoma (PTCL).

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  • The study will continue and combine cohorts of CD30 high and CD30 low expressing PTCL.
  • Preplanned interim futility analysis was conducted in 20 patients in Cohort A (more than 10% of CD30 expression) and Cohort B (CD30 expression between 1% to 10%). The analysis demonstrated that Cohort A's response rate achieved the predefined threshold for the continuation of the study.
  • The response rate in Cohort B was sufficiently comparable to allow the merging of both cohorts into a single cohort.
  • Evidence of anti-tumor response was observed in both cohorts with complete and partial responses.
  • The safety analysis was consistent with previously reported data from Affimed's Phase 1 trials of AFM13, with infusion-related reactions representing the main side effect.
  • Price Action: AFMD shares moved 14.3% higher at $6.25 in premarket trading on the last check Wednesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: BiotechNewsHealth CareSmall CapFDAGenerallymphoma