Assertio Reports Positive Clinical Trial Results for Rolvedon with Same-Day Dosing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10h ago
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Source: Businesswire
- Clinical Trial Success: Assertio's Rolvedon demonstrated similar efficacy and safety in a clinical trial for early-stage breast cancer patients using a same-day dosing schedule, indicating a more convenient treatment option for patients.
- Efficacy Data: Among 53 participants, Rolvedon administered 30 minutes after TC chemotherapy showed a mean time to absolute neutrophil count (ANC) recovery of 1.8 days in Cycle 1, with only one patient experiencing febrile neutropenia, highlighting its strong safety profile.
- Study Impact: This study provides the oncology community with valuable insights into the potential utility of same-day GCSF therapy, which may enhance treatment experiences for early-stage breast cancer patients and reduce infection risks, thereby improving quality of life.
- Market Outlook: Rolvedon is considered a core growth asset for Assertio, and with the release of clinical data, it is expected to drive further penetration and sales growth in the oncology market.
Analyst Views on ASRT
Wall Street analysts forecast ASRT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASRT is 3.00 USD with a low forecast of 3.00 USD and a high forecast of 3.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.310
Low
3.00
Averages
3.00
High
3.00
Current: 9.310
Low
3.00
Averages
3.00
High
3.00
About ASRT
Assertio Holdings, Inc. is a pharmaceutical company offering differentiated products to patients. The Company has built its commercial portfolio through the acquisition or licensing of approved products. Its commercial capabilities include marketing through both a sales force and an omni-channel promotion model, market access through payor contracting, and trade and distribution. The Company’s primary marketed products include ROLVEDONTM (eflapegrastim-xnst) injection for subcutaneous use, INDOCIN (indomethacin) Suppositories, INDOCIN (indomethacin) Oral Suspension, Sympazan (clobazam) oral film, Otrexup (methotrexate) injection for subcutaneous use, SPRIX (ketorolac tromethamine) Nasal Spray, and CAMBIA (diclofenac potassium for oral solution). INDOCIN (indomethacin) Suppositories and INDOCIN (indomethacin) Oral Suspension products are nonsteroidal anti-inflammatory drugs (NSAID). Otrexup is a once weekly single-dose auto-injector containing methotrexate.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
