Report
Thomas Vranken

argenx Vyvgart remains king in the land of FcRn/IgG

Last week, Biohaven (BHVN) and Immunovant (IMVT) reported updates on their clinical trajectories for candidate Vyvgart peers. Biohaven's interim Phase 1 data revealed lower than expected IgG lowering, and Immunovant decided to deprioritize its lead asset batoclimab in favour of a next-gen FcRn asset. In the meantime, Vyvgart sits high and mighty on its throne as competition struggles to advance. With a PDUFA date set for June 21, the addition of CIDP to the Vyvgart menu represents a near-term trigger. We reiterate our € 435 TP and Buy rating.
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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