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Amgen Advances Xaluritamig Into Early-Stage Trial for Hard-to-Treat Ewing Sarcoma
Amgen Inc (AMGN) has announced that its experimental cancer drug, Xaluritamig (AMG 509), is advancing into a first-in-human Phase 1b clinical trial for relapsed or refractory Ewing sarcoma. This early-stage study aims to assess the drug’s safety, tolerability, pharmacokinetics, and initial efficacy in adults, adolescents, and pediatric patients with this hard-to-treat cancer. While early-phase trials rarely impact stock prices significantly, this development highlights Amgen’s continued investment in innovative oncology and its pipeline depth in rare cancers.