Inhibrx Biosciences' Shares Up Ahead of Phase 2 Head and Neck Cancer Drug Data

Dow Jones
05/09

By Elias Schisgall

 

Shares of Inhibrx Biosciences rose after the clinical-stage biopharmaceutical company said it would release data from a Phase 2 study of INBRX-106, a potential cancer treatment.

Shares were up 6.4% to $142.90 after the bell on Friday. The stock closed up 7.9% at $134.35, and has risen more than 1,000% in the past 52 weeks.

The company will read out the data in a webcast at 8:30 a.m. ET on Monday.

INBRX-106, a hexavalent OX40 agonist, is being tested in combination with pembrolizumab to treat metastatic or unresectable recurrent Head and Neck Squamous Cell Carcinoma. It is being tested against pembrolizumab as a monotherapy.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

May 08, 2026 17:41 ET (21:41 GMT)

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