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)
Copyright (c) 2026 Dow Jones & Company, Inc.