ASCO 2023 – Elevation Follows In Astellas’s Slipstream

  
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There is reason for the enthusiasm behind Elevation’s anti-Claudin18.2 antibody-drug conjugate, but no such good news for Zai Lab’s zolbetuximab challenger.

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Armed with two pivotal study hits Astellas Pharma, Inc.’s zolbetuximab is headed for the regulators later this year, and now comes the next wave of projects that also hit Claudin18.2. Investor focus recently fell on one of these, Elevation Oncology, Inc.’s SYSA1801, and the 3 June data presentation at the American Society of Clinical Oncology (ASCO) annual meeting appeared to back up some of the enthusiasm.

There was less good news for Zai Lab Ltd.’s ZL-1211, which despite being supposedly enhanced for activity showed no...

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