EQRx's Sugemalimab Shows Significant Overall Survival Benefit In Lung Cancer Settings

EQRx Inc (NASDAQ: EQRX), along with its partner CStone Pharmaceuticals has announced data from Phase 3 GEMSTONE-302 trial of sugemalimab plus chemotherapy as a first-line treatment for stage IV non-small cell lung cancer (NSCLC).

• The trial met the key secondary endpoint of prolonging overall survival with sugemalimab plus chemotherapy versus placebo plus chemotherapy.
• These results build on previously presented positive data from the GEMSTONE-302 study, which met the primary endpoint of progression-free survival (PFS) and were recently published in The Lancet Oncology.
• Related: Corvex, Casdin Backed SPAC To Merge With EQRx In $1.8B Deal.
• Clinical benefit was observed across subgroups, including patients with squamous and non-squamous subtypes, regardless of PD-L1 expression levels. 
• As previously reported, the safety profile of sugemalimab was consistent with that of the PD-1/PD-L1 class.
• Detailed results will be submitted for presentation at a future medical congress.
• Additionally, the companies are investigating sugemalimab as consolidation therapy in patients with locally advanced, unresectable stage III NSCLC without disease progression after concurrent or sequential chemoradiotherapy in Phase 3 GEMSTONE-301 study. 
• Positive PFS data from GEMSTONE-301 were also presented at ESMO 2021 and recently published in The Lancet Oncology.
• Price Action: EQRX shares are down 1.91% at $6.16 during the market session on the last check Wednesday.