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Stock impact report

iTeos Therapeutics: ESMO Data Showing Signs Of A Real Win For TIGIT [Seeking Alpha]

iTeos Therapeutics, Inc. (ITOS) 
Company Research Source: Seeking Alpha
Follow Play 9min Summary iTeos Therapeutics' belrestotug shows promising response rates in lung cancer trials, especially when combined with dostarlimab, despite significant safety concerns. Financially, ITOS has over 3 years of cash runway, bolstered by collaboration revenue, supporting its potential to reach critical milestones. The risks include small trial size, potential non-translation of response rates to survival benefits, and high-grade toxicities that could hinder approval. Despite risks, ITOS's market cap of $600 million suggests substantial upside potential if their immunotherapy gains traction, making it a compelling investment thesis. Justin Lambert/DigitalVision via Getty Images Topline Summary and Update iTeos Therapeutics ( NASDAQ: ITOS ) is an immunotherapy-focused biotech working on a molecule targeting TIGIT, an elusive checkpoint with a checkered past in cancer clinical research. In my last writeup of the company , I indicated growing optimism Show less Read more
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