Inhibrx Biosciences Inc. (NASDAQ:INBX) is one of the most profitable new stocks to buy now. On July 18, it was reported that Inhibrx Biosciences is currently conducting a pivotal Phase 2/3, randomized clinical study, titled “HexAgon-HN,” to evaluate the efficacy and safety of INBRX-106.
The study combines INBRX-106, which is a hexavalent OX40 agonist antibody, with pembrolizumab (an anti-PD-1 antibody) as a first-line treatment for patients with recurrent or metastatic Head and Neck Squamous Cell Carcinoma/HNSCC that expresses PD-L1 (with a Combined Positive Score of ≥20). The combination therapy is being compared against pembrolizumab monotherapy. Both INBRX-106 and pembrolizumab are administered intravenously every 3 weeks.

A pharmaceutical technician inspecting vials of alpha-1 antitrypsin (AAT)-Fc fusion protein.
The study design is randomized with a parallel assignment model, and the Phase 3 portion will be double-blind, ensuring that neither participants nor investigators are aware of the treatment allocations. The primary objective is to evaluate treatment efficacy. The HexAgon-HN study commenced on May 14 earlier this year and is actively recruiting participants. The most recent update regarding the study’s progress was submitted on July 15.
Inhibrx Biosciences Inc. is a clinical-stage biopharmaceutical company that engages in the development of biologic therapeutics for people with life-threatening conditions.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.


