GSK - Compugen gains on takeover speculation after iTeos Therapeutics deal
Compugen (CGEN) jumped 5.3% on some takeover speculation following GlaxoSmithKline's (GSK) agreement with iTeos Therapeutics (ITOS) to jointly develop and commercialize EOS-448 an anti-TIGIT monoclonal antibody currently undergoing Phase 1 studies as a potential cancer therapy.Compugen is another anti-TIGIT antibody that big pharma may be interested in, according Dealreporter's morning flash piece.iTeos surged 32%.Last week, Compugen reported updated COM701 data from Phase 1 study at ASCO21.
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Compugen gains on takeover speculation after iTeos Therapeutics deal