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BioWorld - Wednesday, December 24, 2025
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Home » Macrogenics sacked as vobra duo prostate abstract unbacked
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Macrogenics sacked as vobra duo prostate abstract unbacked

May 10, 2024
By Randy Osborne
Macrogenics Inc. CEO Scott Koenig said his firm is “on the right pathway” with vobramitamab duocarmazine (vobra duo), previously known as MGC-018, in metastatic castration-resistant prostate cancer. Wall Street proved less than thrilled, and shares of the Rockville, Md.-based firm (NASDAQ:MGNX) closed May 10 at $3.31, down $11.36, or 77%, after Macrogenics disclosed phase II results from the Tamarack study with vobra duo.
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