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Akari Therapeutics shares surge 41.36% intraday after acquiring Peak Bio's ADC platform and focusing on Trop2-targeting AKTX-101 for multiple cancers.
ByAinvest
Tuesday, Dec 2, 2025 10:50 am ET1min read
Akari Therapeutics surged 41.36% intraday, driven by its Form 10-Q filing on November 13, 2025, which highlighted its focus on developing AKTX-101, a Trop2-targeting antibody-drug conjugate (ADC) for multiple solid tumors (lung, breast, colon, prostate) in preclinical stages. The company also shifted strategic priorities to ADC R&D after acquiring Peak Bio’s ADC platform in November 2024, aiming to optimize its pipeline through external partnerships and integrate innovative ADC technologies.
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