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$Sutro Biopharma(STRO.US)$ Completion of enrollment for Part One of the Phase II/III REFRaME-O1 trial for Luvelta and the anticipation of an update that could affirm its potential, which is estimated to be significantly greater than its competitor, Elahere, in platinum-resistant ovarian cancer (PROC). Bancroft highlights Luvelta’s ability to serve a wider PROC patient base, with the potential to address about 80% of patients expressing folate receptor alpha (FRα), in contrast to Elahere which is limited to approximately 35%.
Additionally, Sutro Biopharma’s strategic expansion of the trial with plans to increase the number of active sites significantly, which could lead to more comprehensive data and a solid foundation for seeking FDA Accelerated Approval. The lack of Elahere’s availability in the EU further strengthens Sutro’s position in capturing a broader patient population. It’s possible that the upcoming interim analysis of the REFRaME-O1 trial might bolster the case for Accelerated Approval based on outcomes such as objective response rate, duration of response, and safety, setting a positive course for full approval that hinges on progression-free survival and overall survival metrics.
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