Macrogenics (MGNX) Provides Vobramitamab Duocarmazine Update

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BTIG Downgrades MacroGenics (MGNX) to Neutral

July 31, 2024 4:18 PM EDT

BTIG analyst Kaveri Pohlman downgraded MacroGenics (NASDAQ: MGNX) from Buy to Neutral.

The analyst comments "MacroGenics has discontinued the Tamarack study, evaluating vobra duo for mCRPC, after a review of its risk/benefit profile. This decision follows the study's IDMC recommendation to discontinue treatment for the remaining study participants who were eligible to receive additional doses. For reference, the majority... More