BUZZ-BeiGene slides after halting lung cancer drug trial due to futility

Reuters

2025/04/03

** U.S.-listed shares of cancer drug developer BeiGene 688235.SS, ONC.O fall 3.2% to $266.03

** Co says it is discontinuing development of its experimental lung cancer drug, ociperlimab, in a late-stage trial

** Independent data monitoring committee recommended terminating the trial

** Study unlikely to meet the main goal of improving overall survival, co says

** As of last close, ONC up ~49% YTD vs. 2.4% decline in the Nasdaq biotechnology index .NBI

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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