IO Biotech says cancer vaccine with Merck’s Keytruda outperformed in late-stage study

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IO Biotech (NASDAQ:IOBT) announced on Monday that patients with skin tumors who received its lead cancer vaccine candidate, Cylembio, with Merck’s (NYSE:MRK) anti-PD-1 therapy, Keytruda, lived longer without disease worsening in a late-stage pivotal trial.

Shares of Danish biotech added ~57%

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