Report
Thomas Vranken

argenx FIRST LOOK: Proof of concept in primary Sjogren's disease

argenx announced favourable Phase 2 data for its RHO study in primary Sjogren's disease (SjD), supporting further development into Phase 3. While no details on the results were given, the go decision was supported by the safety, efficacy and biomarker results from the study. argenx thus enters in close pursuit of J&J's nipocalimab, which also reported positive SjD Phase 2 data earlier this year with plans to pursue further. We look forward to additional study details to compare both assets in the race for Sjogren's disease. € 435 TP and Buy rating reiterated.
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.

Provider
KBC Securities
KBC Securities

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

 

Analysts
Thomas Vranken

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