KBC Securities - ArGEN-X SE (ARGX) argenx CIDP Hits the Mark

Report

KBC Securities

Thomas Vranken

argenx CIDP Hits the Mark

argenx announced that it has obtained positive topline data with subcutaneous Vyvgart Hytrulo in its ADHERE study for chronic inflammatory demyelinating polyneuropathy (CIDP) patients. The trial featured a 67% response rate in Stage A, and hit its primary endpoint in Stage B with a 61% reduction in risk of relapse versus placebo. As a result, we adopt our previously described bull case scenario and adjust our TP from € 440 to € 495, while reiterating a Buy rating.

17/07/2023 1 EN

Underlying

ArGEN-X SE

Argenx N.V. is a clinical-stage biotechnology company developing a deep pipeline of differentiated antibody-based therapies for the treatment of severe autoimmune diseases and cancer. Utilizing its suite of differentiated technologies, Co. is focused on developing product candidates with the potential to be either first-in-class against novel targets or best-in-class against known, but complex, targets in order to treat diseases with a significant unmet medical need.

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NL0010832176 Euronext Brussels Netherlands

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Thomas Vranken

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argenx CIDP Hits the Mark

We are a financial services provider for several types of professional clients, each with distinct needs.

Dynamic Top Pick List Update February 2026: Removing ASMi; Adding UCB

Argen X SE: 1 director

argenx Vyvgart sBLA acceptance in seronegative gMG comes with priority review

DSM-Firmenich Biting the ANH bullet

Morning Notes : DSFIR NA, RET BB

Retail Estates 9m25/26 results, hit by Dutch Tax bill and Bankruptcies

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