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Stock impact report

GigaGen Doses First Patient in Phase 1 Trial of Recombinant Polyclonal Drug Candidate, GIGA-2339, for Hepatitis B Virus

GRIFOLS SA S/ADR (GIKLY) 
Company Research Source: GlobeNewswire
SAN CARLOS, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- GigaGen Inc., a biotechnology company advancing transformative antibody drugs for immunodeficiencies, infectious diseases and checkpoint-resistant cancers, and a subsidiary of Grifols, announced today that the first patient has been dosed in a Phase 1 clinical trial evaluating the safety and tolerability of the first recombinant polyclonal drug candidate, GIGA-2339, for the treatment of hepatitis B virus (HBV) infection. “The initiation of this Phase 1 trial with GIGA-2339 represents a milestone in our mission to develop the next generation of antibody drugs for addressing infectious disease treatment,” said Carter Keller, senior vice president of Grifols and head of GigaGen. “With more than 1,000 anti-HBV antibodies and a potency over 2,000 times higher than other HBV drugs, GIGA-2339 is the first therapeutic of its kind to treat and functionally cure chronic HBV infection. It is unlike any other therapy currently in developmen Show less Read more
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