Glenmark shares surge 4% following positive Phase 1 trial results for ISB 2001

Glenmark Pharmaceuticals saw its stock price rise by 4% after Ichnos Glenmark Innovation (IGI) announced promising Phase 1 clinical trial results for ISB 2001, a trispecific antibody designed to treat multiple myeloma.

The trial showed an impressive 83% overall response rate (ORR) in heavily pretreated patients at active doses, along with a favorable safety profile.

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Glenmark Pharmaceuticals shares opened at ₹1,535.00, reaching a high of ₹1,576.50 and a low of ₹1,521.00 today. The stock’s 52-week high is ₹1,830.95, while its 52-week low stands at ₹771.00.

As of 9:33 am, Glenmark shares were trading 3.35% higher at Rs 1,564.90 on the NSE.

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