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Vir Bio CEO on Cancer Treatment Progress, Potential Deals

Bloomberg Technology
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Vir Biotechnology’s Phase 1 trial of VIR-5500, a PSMA-targeting T-cell engager, showed promising anti-tumor activity and tolerability in advanced prostate cancer patients resistant to multiple therapies. The dual-masked PRO-XTEN therapy aims to harness the immune system for metastatic castration-resistant prostate cancer, a high-unmet-need area with limited treatment options. CEO Marianne De Backer highlighted the data as a milestone, noting Vir’s focus on immune-driven therapies for cancer and infectious diseases amid rising investor confidence. Share prices surged in early 2026, reflecting optimism about VIR-5500’s potential and the company’s pipeline, though further trials are needed for regulatory approval. De Backer emphasized strategic partnerships as critical to accelerating development, scaling production, and expanding Vir’s global impact in precision immunotherapies.
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Feb 27th, 2026Vir Bio CEO on Cancer Treatment Progress, Potential DealsVir Biotechnology Vir is a clinical-stage biopharmaceutical company focused on powering the immune system to transform lives by discovering and developing medicines for serious infectious diseases and cancer. The company on Monday announced new data from the ongoing Phase 1 clinical trial of VIR-5500, a prostate-specific membrane antigen (PSMA)-targeting, PRO-XTEN dual-masked T-cell engager (TCE) being evaluated in patients with advanced metastatic castration-resistant prostate cancer (mCRPC) who have progressed after multiple lines of therapy. These data suggest that VIR-5500 monotherapy is well tolerated and exhibits promising anti-tumor activity. Vir CEO Marianne De Backer discusses the progress being made with the firm's leading treatments, the runup in its share price thus far in 2026, and why partnerships are key to advancing Vir's impact. Dr. De Backer speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.Duration:0:29Trump Not Happy With How Iran Is NegotiatingDuration:3:14OpenAI Finalizes Funding Round at $730 Billion ValuationDuration:2:59TPG Has $59 Million Exposure to Collapsed Lender MFSDuration:3:49Anthropic Is in a Lose-Lose Situation, Opinion's Lee SaysDuration:3:09Netflix Drops Discovery Bid, Clearing Way for ParamountDuration:1:47US Producer Prices Climb in January, Pushed Higher by ServicesDuration:5:10Anthropic Escalates Pentagon AI FeudDuration:3:27What to Watch for on 'Bloomberg This Weekend'Duration:2:20What's Next for the Super Bowl?Duration:2:55London Credit Blowup Has Wall Street Firms ScramblingDuration:3:38Greens Win UK By-Election in Blow to Starmer's LabourDaybreak: EuropeDuration:2:58Hillary Clinton Says She Denied Ever Knowing Jeffrey EpsteinAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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Source: Bloomberg Technology

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