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MacroGenics Shares Slide After Lorigerlimab Trial Reveals Safety Risks

A single patient death and a high incidence of severe side effects have triggered a 10% decline in MacroGenics stock. The company’s experimental cancer drug, lorigerlimab, struggled in Phase 2 testing, forcing leadership to reconsider dosage strategies as nearly a quarter of participants abandoned the treatment entirely.

MacroGenics Shares Slide After Lorigerlimab Trial Reveals Safety Risks

The Linnet study, which evaluated the bispecific antibody in patients with advanced clear cell gynecologic cancer, produced a 25% confirmed objective response rate. Despite these results, the trial data revealed that 49% of participants suffered Grade 3 or higher treatment-related adverse events. Clinical complications reached a critical threshold with the death of one participant in the platinum-resistant ovarian cancer cohort.

Common side effects included anemia, neutropenia, and elevated aspartate aminotransferase levels. Faced with these safety concerns and a 24% dropout rate, MacroGenics confirmed plans to test lower dosages in a new cohort. The company intends to share updated findings in the first half of 2027. While a 44% disease-control rate was observed, with all responding patients maintaining their status as of the September 1 cutoff, the market reaction reflects investor anxiety regarding the drug's toxicity profile.

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