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KOL Pulse · Trial Profile · ESMO 2026

KEYNOTE-866 Trial

KEYNOTE-866 (NCT03924856) is Merck’s double-blind phase III trial of perioperative pembrolizumab or placebo with neoadjuvant gemcitabine-cisplatin in cisplatin-eligible muscle-invasive bladder cancer (N=907). At ESMO 2026 it missed its primary endpoint: EFS HR 0.88 (one-sided P=0.1366); OS HR 1.00. Pembrolizumab plus gemcitabine-cisplatin is not approved for MIBC.

Phase III · NCT03924856 Sponsor: Merck (MSD) ESMO 2026 · Abstract 4735O · Annals of Oncology ⚠️ Perioperative pembrolizumab + gem/cis — investigational in MIBC, not approved ✅ Perioperative EV + pembrolizumab FDA-approved in MIBC (KEYNOTE-905, KEYNOTE-B15) N=907 · cisplatin-eligible MIBC
See the ESMO 2026 results →

Physician reactions to KEYNOTE-866

Posts by physicians about KEYNOTE-866 during ESMO 2026 week (October 17–24, 2026), including the posts previously listed as Top Tweets. Each post is shown in full and verbatim, newest first, and linked to the original on X.

Dr Amol Akhade
Dr Amol Akhade@SuyogCancer
𝕏

So no one knows why Durvalumab worked and Pembrolizumab and Nivo failed in perioperative MIBC trials. @DrChoueiri @tompowles1 @HHammersMD @montypal @OncoAlert @myESMO #esmo26 https://t.co/3kilxJWJnB https://t.co/xf4MDnwcxJ

3.4K views 23 likes14 RT 2026-10-23
Tian Zhang, MD, MHS, FASCO (@tiansterzhangmd.bsky)
Tian Zhang, MD, MHS, FASCO (@tiansterzhangmd.bsky)@TiansterZhang
𝕏

Nice comparison chart @tompowles1 — control cohorts in the #ENERGYZE & #Keynote866 trials both did much better than #NIAGARA control cohort… some may have had access to adjuvant IO to contribute to EFS? #ESMO26 @myESMO @OncoAlert https://t.co/K6ubio90xc

847 views 21 likes8 RT 2026-10-23
Yüksel Ürün
Yüksel Ürün@DrYukselUrun
𝕏

Overall Day 1 message in bladder cancer: Not all perioperative IO strategies are equal. Adding PD-1/PD-L1 inhibitors to cisplatin-based chemotherapy has now failed in two large Phase 3 trials (KEYNOTE-866 and ENERGIZE), while EV + pembrolizumab-based approaches (and NIAGARA) have succeeded. Biomarker selection is increasingly important. @myESMO @OncoAlert @OpenMedicineHQ @tompowles1 @AndreaNecchi @Uromigos @urologysummit #ESMO26

753 views 16 likes5 RT 2026-10-23
Dra. María Natalia Gandur Quiroga
Dra. María Natalia Gandur Quiroga@nataliagandur
𝕏

🚨⭐🟠 #ESMO26 | GU Oncology — Invited Discussion KEYNOTE-866 • ENERGIZE • TROPHY-U-01 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert @urologysummit 🔬 Why do apparently similar trials produce different outcomes? An excellent critical appraisal of perioperative immunotherapy in #MIBC and emerging triplet strategies in metastatic #UrothelialCancer. 📊 1️⃣ PERIOPERATIVE IMMUNOTHERAPY ✅ NIAGARA: EFS HR 0.68 ❌ KEYNOTE-866: EFS HR 0.88 ❌ ENERGIZE: EFS HR 0.94 But are these trials directly comparable? 📌 Important baseline differences: • T2 disease: 40% vs 15% vs 76% • 24-month control-arm EFS: 59.8% vs 70% vs 71.6% Different populations, endpoints and statistical designs complicate cross-trial interpretation. 🧬 2️⃣ ctDNA: PROGNOSTIC ≠ PREDICTIVE Pretreatment ctDNA positivity was associated with shorter EFS and OS. ⚠️ In ENERGIZE, baseline ctDNA positivity differed between arms (59% vs 51%), potentially introducing prognostic imbalance. 🔬 ctDNA clearance before cystectomy identified patients with more favorable outcomes. But can ctDNA clearance identify candidates for bladder preservation? Not yet! Prospective validation is essential before considering omission of radical cystectomy. 💊 3️⃣ DUAL ADC + IMMUNOTHERAPY: THE NEXT FRONTIER? TROPHY-U-01 Cohort 7: ✅ ORR 81% ✅ Median PFS 19.3 months ✅ Median DoR 16.7 months ⚠️ Grade ≥3 treatment-related AEs: 52% ⚠️ Treatment-related discontinuation of ≥1 agent: 33% Promising efficacy, but only 21 patients and no randomized comparator. ⭐ MY POINT OF VIEW CLINICAL PEARLS 🔹 A positive trial does not prove the superiority of one checkpoint inhibitor over another. 🔹 ctDNA may redefine risk stratification, but molecular clearance is not yet a license to omit surgery. 🔹 Dual ADC intensification is scientifically exciting, but added efficacy must justify added toxicity. 💡 The future of GU oncology is not about treating everyone more aggressively. It is about treating the right patient with the right strategy, at the right time. 📌 PRACTICE IMPLICATION These new results do not independently establish a new standard of care. Individual trials must be interpreted on their own merits. Access also matters: perioperative gemcitabine/cisplatin + durvalumab remains an important option where EV + pembrolizumab is unavailable. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @DrYukselUrun @yekeduz_emre @drenriquegrande @TiansterZhang @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #GUOncology #ctDNA #OncoAlert

655 views 14 likes16 RT 2026-10-23
Markus Eckstein
Markus Eckstein@Markuseckstein3
𝕏

🚨 Perioperative immunotherapy in MIBC at #ESMO2026. Three phase III trials, three different answers, and one uncomfortable lesson for those of us who report pCR. 🔬 📊 NIAGARA (durvalumab + GC, n=1,063): pCR 37.3%, EFS HR 0.68 (0.56–0.82), OS HR 0.75 (0.59–0.95) ✅ 
📊 KEYNOTE-866 (pembrolizumab + GC, n=907): pCR 44.4%, EFS HR 0.88 (0.71–1.10), OS HR 1.00 (0.76–1.27) ❌ 
📊 CA017-078 (nivolumab + GC, n=653): pCR 39.1%, EFS HR 0.94 (0.71–1.25), OS HR 0.88 (0.64–1.21), OS immature ❌ Cross-trial, not head to head. Populations, schedules, follow-up (34 to 55 months) and statistical design all differ, so the ranking is exploratory. But look at the direction. The trial with the highest pCR returned an OS hazard ratio of exactly 1.00. 🧠 Three points from the pathology side: 1️⃣ pCR is a response marker, not a surrogate. Comparable absolute pCR gains of roughly 9 to 10 points across all three, divergent survival. If pCR tracked cure, that pattern should not be possible. pCR remains elusive at least for standard chemotherapy plus IO. 2. And pCR itself is not standardised across trials. ypT0N0 depends on sampling protocol, block numbers, regression assessment and whether review is central or local. The NIAGARA figure quoted here comes from a reanalysis, which tells you the endpoint moved on re-review. A 9-point difference is not comfortably above that measurement noise. Also worth noting: NIAGARA and KEYNOTE-866 both gave adjuvant IO, CA017-078 did not. So adjuvant continuation alone does not explain the split either. We genuinely do not know why these diverged. 🎯 Which is the real message. We are comparing trials on an endpoint we produce, that is not validated, not standardised, and not stratified by biology. Fixing that is a pathology job, and it is overdue. We need that now more than ever with neoadjuvant systemic phase becoming SOC. @OncoAlert @DrChoueiri @tompowles1 @apolo_andrea @neerajaiims @montypal @Silke_Gillessen @AOmlin @brian_rini @PGrivasMDPhD @TiansterZhang @amerseburger @DrDanielHeng @HHammersMD @scocmem @AndreaNecchi @AmandaNizamMD @drenriquegrande @nataliagandur @AlbigesL @cdanicas @declangmurphy @seanmmcbride @shilpaonc @DrRanaMcKay @scserendipity1 @DrYukselUrun @ravikanesvaran @BraunMDPhD @EfstathiouEleni @mzugman @crisbergerot #Uropathology #BladderCancer #blcsm #MIBC #pathtwitter Great summary below from Niklas Klümper.

618 views 15 likes9 RT 2026-10-23
Oncology Brothers
Oncology Brothers@OncBrothers
𝕏

6. KEYNOTE-866: PeriOp pembro + neoadj cis/gem vs placebo + chemo in cisplatin-eligible MIBC. - EFS: median 74.1 mo vs NR (HR 0.88; p=0.14) - No significant EFS or OS benefit - EV+pembro (or perhaps Durva-EV will be) preferred SOC. 7/8 https://t.co/hTQ3qFh0F1 https://t.co/RcyWrrRaEh

508 views 4 likes0 RT 2026-10-23
Julian Chavarriaga
Julian Chavarriaga@chavarriagaj
𝕏

#ESMO26 🚨 KEYNOTE-866: The final EFS analysis (N=907) of perioperative pembrolizumab + cisplatin/gemcitabine vs chemotherapy alone: 🔹 5-year EFS: 63.5% vs 61.9% (HR 0.88; p=0.137) 🔹 5-year OS: 70.8% vs 70.9% (HR 1.00) 🔹 pCR: 44.4% vs 35.8% 🔹 Grade 3–5 AEs: 80.2% vs 75.1% Despite a numerically higher pCR rate, no significant EFS benefit emerged, and OS was virtually identical. 🚨In an evolving perioperative MIBC landscape, KEYNOTE-866 does not support adding pembrolizumab to cisplatin/gemcitabine. @urotoday @myESMO

401 views 5 likes4 RT 2026-10-23
Álvaro Pinto
Álvaro Pinto@dralvaropinto
𝕏

ENERGIZE: perioperative CisGem +/- Nivo in MIBC. No improvement in survival endpoints, just like KN-866. Food for thought… #ESMO26 https://t.co/WvI1UDVNMD

184 views 2 likes1 RT 2026-10-23
deniztural
deniztural@drdeniztural
𝕏

Durvalumab plus cisplatin showed positive results, while the pembrolizumab and nivolumab trials were negative. I’m not sure how to make sense of this puzzle. #ESMO2026 @tompowles1 @ProfSyedHussain @PGrivasMDPhD @PGrivasMDPhD @montypal @DrYukselUrun https://t.co/7AXG6J6zOj

183 views 1 likes2 RT 2026-10-23
Juan Pablo Rojas Manrique
Juan Pablo Rojas Manrique@JPRojasUroOnco
𝕏

🚨 Negative results from KEYNOTE-866 at #ESMO26. Perioperative pembrolizumab added to neoadjuvant gemcitabine/cisplatin failed to significantly improve event-free survival in muscle-invasive bladder cancer (HR 0.88; 95% CI 0.71–1.10; P=0.1366). #BladderCancer https://t.co/QzbD5VUnK6

178 views 1 likes1 RT 2026-10-23
Daniel Castellano
Daniel Castellano@cdanicas
𝕏

🎯 Starting the GU oral session! #ESMO26 @JensBedke presenting the ph3 study in MIBC KN-866 A negative study of Cis-Gem + Pembro vs Cis-Gem periop.🤷‍♂️ What about NIAGARA study? 🤨 @OncoAlert @myESMO @DrFelixGuerrero @GuardConsortium @UroTarget https://t.co/nOgomCyPnE

133 views 4 likes0 RT 2026-10-23
Tom Powles
Tom Powles@tompowles1
𝕏

It hard to explain why 1 trial with gem/cis +/-PD(L)1 (NIAGARA) is +ve for EFS/OS and 2 very similar trials (presented today) are negative in MIBC. Potentially NIAGARA has the highest risk population, not all respond to IO and the maintenance phase the most effect- but the OS of gem/cis pembro HR of 1 is concerning. This reflects what we saw in metastatic disease with contradictory results for the big combination trials. Overall EVP looks better and more consistent #ESMO26 @myESMO @Annals_Oncology @OncoAlert

2.1K impressions61 likesOct 23, 2026
Toni Choueiri, MD
Toni Choueiri, MD@DrChoueiri
𝕏

Negative Ph.III KEYNOTE-866 by #DrJensBedke: perioperative pembrolizumab + neoadjuvant Gem/Cis vs placebo + Gem/Cis in cis-eligible MIBC. EFS HR 0.88 (95% CI 0.71-1.10), p=0.137. pCR 44.4% vs 35.8%; OS HR 1.00. Higher pCR did not translate into EFS benefit. #ESMO26 #BladderCancer @myESMO @OncoAlert

653 impressions16 likesOct 23, 2026
Karine Tawagi MD
Karine Tawagi MD@DrKarineTawagi
𝕏

Full house for Bladder/RCC updates first with #KN866 #ESMO26 Gem/cis in MIBC + placebo or pembro (➖) study & less relevance in the era of EVP SOC Vs similar trial NIAGARA was ➕ pCR 44.4% vs 35.8% EFS & OS not significant We wait #VOLGA tomorrow for more in this space https://t.co/uSLgxYSoMO

636 impressions8 likesOct 23, 2026
Dra. María Natalia Gandur Quiroga
Dra. María Natalia Gandur Quiroga@nataliagandur
𝕏

🚨⭐ #ESMO26 |Abstract 4735O KEYNOTE-866 🟠 Perioperative pembrolizumab or placebo + neoadjuvant cisplatin and gemcitabine in muscle-invasive bladder cancer: Phase III KEYNOTE-866 🎤 Presented by Jens Bedke 🇩🇪 @OncoAlert 🔬 Can adding perioperative pembrolizumab to cisplatin-based neoadjuvant chemotherapy improve outcomes in cisplatin-eligible MIBC? 📊 STUDY DESIGN Phase III, randomized, double-blind, placebo-controlled trial. 👥 N=907 patients with cisplatin-eligible MIBC. 🔹 Pembrolizumab + gemcitabine/cisplatin → radical cystectomy → adjuvant pembrolizumab (n=453) 🔹 Placebo + gemcitabine/cisplatin → radical cystectomy → adjuvant placebo (n=454) Median follow-up: 60.9 months. 📊 KEY RESULTS ❌ Event-free survival (PRIMARY ENDPOINT) • Median EFS: 74.1 months vs NR • HR 0.88 (95% CI 0.71–1.10) • p=0.1366 ➡️ No statistically significant EFS improvement. 📈 Pathological complete response (pCR) ✅ 44.4% vs 35.8% • Estimated difference: +8.9 percentage points (95% CI 2.5–15.1). ⚠️ Higher pCR did NOT translate into a statistically significant improvement in the primary EFS endpoint. 📊 Overall survival • Median OS: NR in both arms • HR 1.00 (95% CI 0.79–1.27) ➡️ No observed OS advantage. pCR and OS were not formally tested for statistical significance under the hierarchical testing strategy. 🏥 Surgery • Underwent cystectomy: 91.6% vs 87.9%. ⚠️ SAFETY • Grade 3–5 treatment-emergent AEs: 80.2% vs 75.1%. • Grade 3–5 immune-mediated AEs/infusion reactions: 8.9% vs 1.8%. 🔬 CONCLUSION KEYNOTE-866 did not meet its primary EFS endpoint. Despite increased pCR rates, perioperative pembrolizumab added to neoadjuvant cisplatin/gemcitabine did not demonstrate a significant EFS benefit. ⭐ MY POINT OF VIEW | CLINICAL PEARL A higher pathological response rate is encouraging, but it is not enough to redefine a standard of care. In curative-intent MIBC, durable disease control and survival must drive treatment decisions. 📌 These findings do not support routinely adding perioperative pembrolizumab to neoadjuvant gemcitabine/cisplatin in cisplatin-eligible MIBC. 💡 More treatment does not necessarily mean better outcomes. The real challenge is identifying which patients benefit from intensification—and which do not. 🌍 GU Oncology Community @urologysummit @gbanna74 @ravikanesvaran @PGrivasMDPhD @tompowles1 @apolo_andrea @sonpavde @montypal @DrChoueiri @neerajaiims @HHammersMD @TiansterZhang @drenriquegrande @crisbergerot @DrDanielHeng @Silke_Gillessen @EfstathiouEleni @BraunMDPhD @brian_rini @AOmlin @DrYukselUrun @yekeduz_emre @cdanicas @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #MIBC #GUOncology #ClinicalTrials #OncoAlertAF

499 impressions15 likesOct 23, 2026
Petros Grivas
Petros Grivas@PGrivasMDPhD
𝕏

Excellent presentation by Jens presenting results from KN866 trial that did not meet its primary endpoint in contrast with NIAGARA. Peri-op EV-pembro is the SOC in MIBC, awaiting VOLGA trial tomorrow! @myESMO #ESMO26 #ESMOAmbassadors @OncoAlert @Uromigos @shilpaonc @AndreaNecchi https://t.co/pDpZgq4etv https://t.co/dB1E6AlrWF

444 impressions15 likesOct 23, 2026
Axel S. Merseburger
Axel S. Merseburger@amerseburger
𝕏

KEYNOTE-866 did not show EFS not OS. Great presentation 👏🏼by Prof Jens Bedke #ESMO26 @OncoAlert @Uromigos @urotoday @Uroweb @DGUrologie @high5md https://t.co/h2WiciZeJF

443 impressions13 likesOct 23, 2026
Dra. María Natalia Gandur Quiroga
Dra. María Natalia Gandur Quiroga@nataliagandur
𝕏

🚨⭐🟠 #ESMO26 GU Oncology Invited Discussion 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert 🔬 Why did NIAGARA succeed while KEYNOTE-866 and ENERGIZE failed to meet their primary efficacy endpoints? 📊 EFS HR: ✅ NIAGARA: 0.68 ❌ KEYNOTE-866: 0.88 ❌ ENERGIZE: 0.94 🧩 Different populations, baseline risks, eligibility criteria and trial designs complicate comparisons. ⭐ MY POINT OF VIEW Different outcomes across trials do not establish superiority of PD-L1 over PD-1 blockade. 💡 In curative-intent MIBC, patient selection, endpoint definitions and absolute clinical benefit matter as much as the HR. Cross-trial comparisons generate hypotheses, not definitive conclusions. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @AndreaNecchi @drenriquegrande @DrYukselUrun @yekeduz_emre @cdanicas @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #UrothelialCancer #GUOncology #ADC #ClinicalTrials

379 impressions13 likesOct 23, 2026
Dra. María Natalia Gandur Quiroga
Dra. María Natalia Gandur Quiroga@nataliagandur
𝕏

🚨 A negative phase III trial can still sharpen the field. @OncoAlert At #ESMO26, KEYNOTE-866 tested whether adding perioperative pembrolizumab to neoadjuvant gemcitabine/cisplatin and radical cystectomy could improve outcomes in cisplatin-eligible MIBC. 📊 n=907 ➡️ EFS: 74.1 mo vs NR HR 0.88 (0.71–1.10), p=.1366 ➡️ pCR: 44.4% vs 35.8% ➡️ OS: HR 1.00 (0.79–1.27) ⚠️ Grade 3–5 TEAEs: 80.2% vs 75.1% The key point: perioperative pembrolizumab did not significantly improve EFS. 🎯 Why this matters: not every perioperative IO strategy adds meaningful benefit to cisplatin-based chemotherapy. For me, this is a reminder that the perioperative MIBC space cannot be treated as one interchangeable class effect. We need to understand: 🔹 which combinations truly improve long-term outcomes 🔹 whether pCR gains translate into survival benefit 🔹 which patients need intensification 🔹 and how biomarkers may help us avoid adding toxicity without enough efficacy More therapy is not automatically better perioperative therapy. Better selection matters. Important data from @garysteinbergmd @DrChrisHoimes and the KEYNOTE-866 investigators. Pinging @DrChoueiri @tompowles1 @apolo_andrea @PGrivasMDPhD @AndreaNecchi @DrYukselUrun @drenriquegrande @crisbergerot @niklas_kluemper @nataliagandur #OncoAlert #ESMO26 #BladderCancer #MIBC #Immunotherapy #PerioperativeTherapy #GUOncology

339 impressions6 likesOct 23, 2026
Rohit Malde
Rohit Malde@roxboxfix
𝕏

Does adding periop pembrolizumab to neoadjuvant gemcitabine–cisplatin, followed by radical cystectomy and adjuvant pembrolizumab, improve outcomes in cisplatin-eligible muscle-invasive bladder cancer (MIBC)? KEYNOTE-866 trial @ ESMO 2026 N=907 Median FU 5y EFS HR 0.88 p=0.13 https://t.co/YaVmGMbn0z

451 views 8 likes1 RT 2026-10-21
Niklas Klümper
Niklas Klümper@niklas_kluemper
𝕏

🚨 New ESMO 2026 data challenge our understanding of perioperative therapy in MIBC! KEYNOTE-866 (phase III, n=707), ENERGIZE (phase III, n=653): Adding perioperative pembro or nivolumab to neoadjuvant gemcitabine/cisplatin did not significantly improve EFS and OS, despite numerically higher pCR! Yet NIAGARA demonstrated significant EFS (HR 0.68) and OS (HR 0.75) benefits with perioperative durvalumab. Why does one chemoimmunotherapy strategy succeed while others fails? Different patient populations, trial designs, or underlying biology? We urgently need predictive biomarkers—not just another checkpoint inhibitor. Meanwhile, new KEYNOTE-905 data in cisplatin-ineligible MIBC (ad hoc, n=255) show: • Pembrolizumab alone: pCR 25.3%; EFS HR 0.71 vs surgery alone. • EV+pembrolizumab: pCR 58.8%; EFS HR 0.40 vs surgery alone. The key question is no longer simply whether to add immunotherapy—but which patients need chemotherapy, ADC-based therapy, or both. Histology, NECTIN4/HER2 biology, and longitudinal ctDNA deserve prospective evaluation as treatment-selection tools. Exciting times for MIBC—but precision must catch up with therapeutic progress. @OncoAlert Faculty @DrChoueiri , @tompowles1 , @apolo_andrea , @neerajaiims , @montypal , @Silke_Gillessen , @AOmlin , @brian_rini , @PGrivasMDPhD , @TiansterZhang , @amerseburger , @DrDanielHeng , @HHammersMD , @scocmem , @AndreaNecchi , @AmandaNizamMD , @drenriquegrande , @nataliagandur , @AlbigesL , @cdanicas , @declangmurphy , @seanmmcbride , @shilpaonc , @DrRanaMcKay , @scserendipity1 , @DrYukselUrun , @ravikanesvaran , @BraunMDPhD , @EfstathiouEleni , @mzugman , @crisbergerot

961 impressions27 likesOct 21, 2026
Gil Morgan, MD
Gil Morgan, MD@weoncologists
𝕏

More pCR didn’t translate into EFS or OS. KEYNOTE-866: an important negative phase 3 in cisplatin-eligible MIBC. #ESMO26 #BladderCancer https://t.co/Ctmh4fcbF5

834 impressions13 likesOct 21, 2026

KEYNOTE-866 Key Takeaways

KOL Pulse analysisENERGIZE and KEYNOTE-866: Two Negative Phase 3 Trials in MIBC, and the NIAGARA Question →Both trials side by side, the presented slides, and the full physician debate.

Event-free survival (primary)

EFS events 157 (34.7%) vs 168 (37.0%). Median EFS 74.1 months (95% CI 72.4–NR) with pembrolizumab vs not reached (67.7–NR) with placebo. HR 0.88 (95% CI 0.71–1.10), one-sided P=0.1366; not statistically significant against a one-sided boundary of 0.0225. 24-month EFS 76.7% vs 70.0%; 60-month EFS 63.5% vs 61.9%. (ESMO 2026 4735O, Bedke; data cutoff 26-Jan-2026)

EFS HR 0.88 · P=0.1366 · not met
Source: Bedke et al., Annals of Oncology (DOI 10.1016/j.annonc.2026.10.106) ↗

Overall survival and pCR (key secondary)

OS events 135 (29.8%) vs 135 (29.7%); median not reached in either arm; HR 1.00 (95% CI 0.79–1.27); 60-month OS 70.8% vs 70.9%. pCR by central pathology review 44.4% (200/450; 95% CI 39.8–49.2) vs 35.8% (162/453; 95% CI 31.3–40.4); estimated difference 8.9% (95% CI 2.5–15.1). Neither OS nor pCR was formally tested for statistical significance under the statistical design. (ESMO 2026 4735O, Bedke; data cutoff 26-Jan-2026)

OS HR 1.00 · pCR 44.4% vs 35.8%
Source: ClinicalTrials.gov NCT03924856 · presented slides (KOL capture) ↗

Survival and response, KEYNOTE-866 (ESMO 2026 4735O, Bedke; data cutoff 26-Jan-2026)

MeasurePembro + cis/gem (n=453)Placebo + cis/gem (n=454)
EFS events157 (34.7%)168 (37.0%)
Median EFS74.1 mo (72.4–NR)Not reached (67.7–NR)
24-month EFS76.7%70.0%
36-month EFS69.2%66.3%
48-month EFS66.0%62.3%
60-month EFS63.5%61.9%
OS events135 (29.8%)135 (29.7%)
Median OSNot reachedNot reached
24-month OS82.8%81.7%
36-month OS76.8%76.6%
48-month OS72.9%73.4%
60-month OS70.8%70.9%
pCR (central review)44.4% (200/450)35.8% (162/453)

EFS HR 0.88 (95% CI 0.71–1.10), one-sided P=0.1366, not significant (one-sided boundary 0.0225). OS HR 1.00 (95% CI 0.79–1.27), not formally tested. pCR estimated difference 8.9% (95% CI 2.5–15.1), not formally tested. Landmark values as labeled on the presented Kaplan-Meier slides.

Safety

Immune-mediated AEs and infusion reactions occurred in 130 (28.9%) vs 42 (9.4%) patients; grade 3–5 in 40 (8.9%) vs 8 (1.8%); serious in 31 (6.9%) vs 8 (1.8%); none led to death with pembrolizumab vs 1 (0.2%) with placebo. Hypothyroidism (10.4%) was the most frequent immune-mediated AE with pembrolizumab. Any subsequent therapy 18.8% vs 23.8%. The presenters reported a manageable safety profile with no new safety signals. (ESMO 2026 4735O, Bedke; data cutoff 26-Jan-2026)

Grade 3–5 immune-mediated AEs 8.9% vs 1.8%
Source: presented safety slide (posted by @nataliagandur) ↗

Regulatory status

⚠️ Perioperative pembrolizumab plus neoadjuvant gemcitabine-cisplatin is not approved for MIBC; the presented conclusion states it is not supported. ✅ Perioperative enfortumab vedotin plus pembrolizumab is FDA-approved for MIBC: November 21, 2025 for cisplatin-ineligible patients (KEYNOTE-905) and July 10, 2026 for cystectomy candidates regardless of cisplatin eligibility (KEYNOTE-B15). (FDA)

KOL pulse

Physicians posting from the session called the trial negative, noted that the higher pCR rate did not translate into EFS or OS, and asked why NIAGARA was positive. Several noted the strong outcomes in the placebo arm.

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Top KOLs Discussing KEYNOTE-866

Tom Powles
Tom Powles
@tompowles1
14.3K impressions
Niklas Klümper
Niklas Klümper
@niklas_kluemper
1.2K impressions
Dra. María Natalia Gandur Quiroga
Dra. María Natalia Gandur Quiroga
@nataliagandur
1.2K impressions
Gil Morgan, MD
Gil Morgan, MD
@weoncologists
834 impressions
Toni Choueiri, MD
Toni Choueiri, MD
@DrChoueiri
653 impressions
Karine Tawagi MD
Karine Tawagi MD
@DrKarineTawagi
636 impressions
David H Aggen, MD PhD
David H Aggen, MD PhD
@Dr_Aggen
574 impressions
Petros Grivas
Petros Grivas
@PGrivasMDPhD
444 impressions
Axel S. Merseburger
Axel S. Merseburger
@amerseburger
443 impressions
Amanda Nizam, MD
Amanda Nizam, MD
@AmandaNizamMD
278 impressions
Tian Zhang, MD, MHS, FASCO (@tiansterzhangmd.bsky)
Tian Zhang, MD, MHS, FASCO (@tiansterzhangmd.bsky)
@TiansterZhang
272 impressions
Daniel Castellano
Daniel Castellano
@cdanicas
268 impressions

KEYNOTE-866 Key Slides & Visuals

Slides from the ESMO 2026 presentation as photographed and shared by physicians on X. Slide text panels are vision transcriptions checked against the images; survival-curve numbers are in the table under Methodology.

Karine Tawagi MD
Karine Tawagi MD@DrKarineTawagi
KEYNOTE-866 — baseline, EFS and subsequent-therapy slides
ESMO 2026 · Oct 23, 2026
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Slide text (vision transcription): Baseline characteristics (pembro + cis + gem n = 453 vs placebo + cis + gem n = 454): median age 65.0 vs 65.0; PD-L1 CPS >= 10 257 (56.7%) vs 255 (56.2%); cT2N0 67 (14.8%) vs 66 (14.5%); cT3/cT4aN0 383 (84.5%) vs 385 (84.8%); cT1-4aN1 3 (0.7%) vs 3 (0.7%). Data cutoff January 26, 2026. Primary endpoint EFS (Kaplan-Meier) - numbers captured in the survival table in the Methodology section below. Subsequent therapy (ITT): any 85 (18.8%) vs 108 (23.8%).
Dra. María Natalia Gandur Quiroga
KEYNOTE-866 — EFS, OS, pCR and immune-mediated AE slides
ESMO 2026 · Oct 23, 2026
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Slide text (vision transcription): Key secondary endpoint pCR by central pathology review (ITT): pCR 200/450, 44.4% (95% CI 39.8-49.2) vs 162/453, 35.8% (95% CI 31.3-40.4); estimated difference 8.9% (95% CI 2.5-15.1); not formally statistically tested. pCR defined as absence of viable tumor in RC + PLND tissue (pT0N0); participants who did not undergo RC + PLND counted as nonresponders. Immune-mediated AEs and infusion reactions (safety population n = 450 vs 449): any grade 130 (28.9%) vs 42 (9.4%); grade 3-5 40 (8.9%) vs 8 (1.8%); serious 31 (6.9%) vs 8 (1.8%); led to death 0 vs 1 (0.2%). EFS and OS Kaplan-Meier curves - numbers captured in the survival table in the Methodology section below.
Petros Grivas
Petros Grivas@PGrivasMDPhD
KEYNOTE-866 — subsequent therapy, common AEs, conclusions and Annals of Oncology paper
ESMO 2026 · Oct 23, 2026
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Slide text (vision transcription): Conclusions - KEYNOTE-866 is the first placebo-controlled trial to add perioperative PD-1(L)1-based immunotherapy to neoadjuvant cisplatin plus gemcitabine and RC + PLND for MIBC. The addition of pembrolizumab to cisplatin plus gemcitabine did not confer a statistically significant EFS benefit in participants with MIBC who were eligible for cisplatin; EFS outcomes were generally consistent across key subgroups. The key secondary endpoints of OS and pCR rate were not formally tested for statistical significance per the statistical design; OS was similar between the treatment groups; pCR rate was numerically higher in the pembrolizumab group (44.4% vs 35.8%). Efficacy outcomes in the placebo group surpassed conventional benchmarks for neoadjuvant cisplatin plus gemcitabine and RC + PLND in MIBC. The safety profile was manageable and consistent with prior reports with no new safety signals. While perioperative pembrolizumab plus neoadjuvant cisplatin-based chemotherapy is not supported for participants with MIBC, perioperative enfortumab vedotin plus pembrolizumab has become a standard of care in this disease setting. Publication: Bedke J et al. Annals of Oncology. DOI 10.1016/j.annonc.2026.10.106.

ESMO 2026 slides

Slides from ESMO 2026 (Madrid) as photographed and shared on X by physicians, newest first. Each post is shown verbatim; click any slide to enlarge, and open the OCR text under each post. All ESMO 2026 KEYNOTE-866 slides in the KOL Pulse slide library →

Juan Pablo Rojas Manrique (@JPRojasUroOnco)
Juan Pablo Rojas Manrique @JPRojasUroOnco
KEYNOTE-866 · ESMO 2026 slides
Oct 25, 2026 · ESMO 2026
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Great slide at #ESMO26! Similar pCR improvements (~9–10%) across NIAGARA, KEYNOTE-866 and ENERGIZE, but only NIAGARA demonstrated significant EFS and OS benefits. A reminder that improvements in pCR do not necessarily translate into survival benefits. #BladderCancer https://t.co/SBPEgFkr6q
[Slide 1] Chemo-IO: KEYNOTE-866 and ENERGIZE negative Same ~9-10 pp pCR gain in all three trials - EFS and OS benefit only in NIAGARA Hazard ratio (95% CI) NIAGARA durvalumab | n = 1,063 | EFS | 0.68 (0.56-0.82) NIAGARA | OS | 0.75 (0.59-0.93) KEYNOTE-866 pembrolizumab | n = 907 | EFS | 0.88 (0.71-1.10) KEYNOTE-866 | OS | 1.00 (0.79-1.27) ENERGIZE nivolumab | n = 653 | EFS | 0.94 (0.71-1.25) ENERGIZE | OS* | 0.88 (0.64-1.21) * OS immature (ENERGIZE) pCR, % | GC (+ placebo) | GC + PD-(L)1 NIAGARA | 28 | 37 KN-866 | 36 | 44 ENERGIZE | 30 | 39 Niklas Klümper, X: @niklas_kluemper Powles T et al., NEJM 2024; Bedke J et al., ESMO 2026 (4735O, KEYNOTE-866); Necchi A et al., ESMO 2026 (4736O, ENERGIZE/CA017-078 final analysis)
Julian Chavarriaga (@chavarriagaj)
Julian Chavarriaga @chavarriagaj
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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#ESMO26 🚨 KEYNOTE-866: The final EFS analysis (N=907) of perioperative pembrolizumab + cisplatin/gemcitabine vs chemotherapy alone: 🔹 5-year EFS: 63.5% vs 61.9% (HR 0.88; p=0.137) 🔹 5-year OS: 70.8% vs 70.9% (HR 1.00) 🔹 pCR: 44.4% vs 35.8% 🔹 Grade 3–5 AEs: 80.2% vs 75.1% Despite a numerically higher pCR rate, no significant EFS benefit emerged, and OS was virtually identical. 🚨In an evolving perioperative MIBC landscape, KEYNOTE-866 does not support adding pembrolizumab to cisplatin/gemcitabine. @urotoday @myESMO
Dra. María Natalia Gandur Quiroga (@nataliagandur)
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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🚨⭐🟠 #ESMO26 | GU Oncology — Invited Discussion KEYNOTE-866 • ENERGIZE • TROPHY-U-01 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert @urologysummit 🔬 Why do apparently similar trials produce different outcomes? An excellent critical appraisal of perioperative immunotherapy in #MIBC and emerging triplet strategies in metastatic #UrothelialCancer. 📊 1️⃣ PERIOPERATIVE IMMUNOTHERAPY ✅ NIAGARA: EFS HR 0.68 ❌ KEYNOTE-866: EFS HR 0.88 ❌ ENERGIZE: EFS HR 0.94 But are these trials directly comparable? 📌 Important baseline differences: • T2 disease: 40% vs 15% vs 76% • 24-month control-arm EFS: 59.8% vs 70% vs 71.6% Different populations, endpoints and statistical designs complicate cross-trial interpretation. 🧬 2️⃣ ctDNA: PROGNOSTIC ≠ PREDICTIVE Pretreatment ctDNA positivity was associated with shorter EFS and OS. ⚠️ In ENERGIZE, baseline ctDNA positivity differed between arms (59% vs 51%), potentially introducing prognostic imbalance. 🔬 ctDNA clearance before cystectomy identified patients with more favorable outcomes. But can ctDNA clearance identify candidates for bladder preservation? Not yet! Prospective validation is essential before considering omission of radical cystectomy. 💊 3️⃣ DUAL ADC + IMMUNOTHERAPY: THE NEXT FRONTIER? TROPHY-U-01 Cohort 7: ✅ ORR 81% ✅ Median PFS 19.3 months ✅ Median DoR 16.7 months ⚠️ Grade ≥3 treatment-related AEs: 52% ⚠️ Treatment-related discontinuation of ≥1 agent: 33% Promising efficacy, but only 21 patients and no randomized comparator. ⭐ MY POINT OF VIEW CLINICAL PEARLS 🔹 A positive trial does not prove the superiority of one checkpoint inhibitor over another. 🔹 ctDNA may redefine risk stratification, but molecular clearance is not yet a license to omit surgery. 🔹 Dual ADC intensification is scientifically exciting, but added efficacy must justify added toxicity. 💡 The future of GU oncology is not about treating everyone more aggressively. It is about treating the right patient with the right strategy, at the right time. 📌 PRACTICE IMPLICATION These new results do not independently establish a new standard of care. Individual trials must be interpreted on their own merits. Access also matters: perioperative gemcitabine/cisplatin + durvalumab remains an important option where EV + pembrolizumab is unavailable. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @DrYukselUrun @yekeduz_emre @drenriquegrande @TiansterZhang @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #GUOncology #ctDNA #OncoAlert
[Slide 1] Baseline ctDNA status may be a valuable prognostic factor in MIBC EFS and OS by pre-treatment ctDNA status (pooled)a [KM panel: EFS by pretreatment ctDNA status - ctDNA positive vs ctDNA negative; numbers at risk illegible] [KM panel: OS by pretreatment ctDNA status; numbers at risk illegible] NIAGARA Baseline: ctDNA Detection Was Prognostic for EFS ….. And may have been an unstratified source of inbalance in CA017-078 | Gem-cis | Gem-cis nivolumab ctDNA positive at baseline | 51% | 59% Survival table Endpoint: EFS and OS by pre-treatment ctDNA status (pooled); NIAGARA EFS by baseline ctDNA ctDNA positive ctDNA negative [Slide 2] Does pre-cystectomy ctDNA clearance identify a group of patients for bladder preservation? EFS by ctDNA clearance status [KM curve: Survival probability vs Months 0-80; dashed vertical line with circled point around month ~24] Legend: C1D1 to C4D1 cleared; C1D1 to C4D1 not cleared No. at risk C1D1 to C4D1 cleared: [low-res; approx. 152 129 118 86 86 57 21 1 0 - low confidence] C1D1 to C4D1 not cleared: [low-res; approx. 46 21 14 9 9 4 4 1 0 - low confidence] Survival table Endpoint: EFS by ctDNA clearance status (C1D1 to C4D1) C1D1 to C4D1 cleared C1D1 to C4D1 not cleared [Slide 3] Could triplet therapy become a new standard in first line mUC? Drug class | Exemplar | ORR | Duration of response | DoR > 12 months Chemotherapy | Platinum + gemcitabine (EV-302) | 44% | 7 months | 35% Immune checkpoint inhibitor | Pembrolizumab (KN-052) | 29% | 30 months | 67% ADC + ICPI | EV + pembrolizumab (EV-302) | 68% | 23 months | 68% Vuky et al. Journal of Clinical Oncology Volume 38, Number 23 August 2020 Powles et al. Volume 36, Issue 10 – 2025 McGregor et al. ESMO 2024 [Slide 4] Can this be delivered in practice? Safety Summary Participants, n (%) | Cohort 7 (n = 21) Median treatment duration (range), months SG | 8.0 (0-18) EV | 7.5 (0-16) ZIM | 9.7 (0-20) Any TEAE/grade ≥ 3 TEAE | 21 (100)/14 (67) Any TRAE/grade ≥ 3 TRAE | 21 (100)/11 (52) [circled] Participants, n (%) | Cohort 7 (n = 21) TRAEs leading to any drug discontinuation | 7 (33) [circled] Discontinuation of SG | 4 (19) Discontinuation of EV | 6 (29) Discontinuation of ZIM | 1 (5) TEAE leading to death | 0 DLTa | 1/12 (8)
Dr Amol Akhade (@SuyogCancer)
Dr Amol Akhade @SuyogCancer
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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So no one knows why Durvalumab worked and Pembrolizumab and Nivo failed in perioperative MIBC trials. @DrChoueiri @tompowles1 @HHammersMD @montypal @OncoAlert @myESMO #esmo26 https://t.co/3kilxJWJnB https://t.co/xf4MDnwcxJ
[Slide 1] 13:30 - 15:00 Proffered paper 1: Genitourinary tumour, renal and urothelial CHAIRS: AXEL BEX, ANJA LORCH Is the combination hypothesis incorrect? pCR outcomes were consistent across trials KEYNOTE-866 [Bar chart; y-axis: pCR Rate, % (95% CI)] Pembro + cis + gem vs Placebo + cis + gem Estimated difference:b 8.9% (95% CI, 2.5-15.1)* CA017-078 pCR overall (co-primary endpoint)a 9.5% (95% CI 2.3-16.7) (99.91% CI −2.6 to 21.6)b [Bars; y-axis: Patients (%)] 39.1 | 29.6 Overall ITT NIAGARA Re-analysis (Apr 2024) Odds ratio 1.60 (95% CI, 1.23-2.08) nominal P=0.0005 Durvalumab arm N=533: 37.3% 199/533 95% CI, 33.2-41.6 Comparator arm N=530: 27.5% 146/530 95% CI, 23.8-31.6 [y-axis: pCR rate (%)] Robert Jones Invited Discussant 47350, 47360 and 47420 BARCELONA AUDITORIUM - HALL 9 [Slide 2] 13:30 - 15:00 Proffered paper 1: Genitourinary tumour, renal and urothelial CHAIRS: AXEL BEX, ANJA LORCH Were populations different? EFS outcomes were good in control arms of these studies [Thumbnail 1] Primary End Point: EFS by Investigator Assessment, ITT Population — Pembro + cis + gem n = 453 vs Placebo + cis + gem n = 454; Events, n (%) 157 (34.7) vs 168 (37.0); Median (95% CI), mo 74.1 (72.4-NR) vs NR (67.7-NR); HR 0.88 (95% CI, 0.71-1.10), 1-sided P = 0.1366*; landmark labels 76.7%/70.0%, 69.2%/66.3%, 66.0%/62.3%, 63.5%/61.9%; No. at risk Pembro 453 401 366 338 329 304 296 273 224 175 114 51 11 0; Placebo 454 400 345 310 300 291 283 257 208 168 106 51 12 0 [Thumbnail 2] Event-free survival by treatment arm (co-primary endpoint) — NIVO+GC (N = 325) vs GC (N = 328); events 104/325 (32.0) vs 104/328 (31.7); median NR vs 67.6 (63.0-NE); HR (95% CI) 0.94 (0.72-1.24); HR (95.74% CI) 0.94 (0.71-1.25); P 0.6697; landmark labels 82.6%/78.6%, 72.3%/71.6%, 68.1%/68.5%, 67.3%/65.8%; No. at risk NIVO+GC 325 283 243 227 209 197 189 146 100 60 25 5 0 0; GC 328 271 219 199 187 176 168 131 90 61 23 4 1 0 KEYNOTE-866 | CA017-078 | NIAGARA T2 (%) 15 | 76 | 40 N1 (%) 0.7 | Excluded | 5 ECOG 0 (%) 76 | - | 78 24 month EFS in control arm (%) 70.0 | 71.6 | 59.8 Robert Jones Invited Discussant 47350, 47360 and 47420 BARCELONA AUDITORIUM - HALL 9 [Slide 3] 13:30 - 15:00 Proffered paper 1: Genitourinary tumour, renal and urothelial CHAIRS: AXEL BEX, ANJA LORCH How I explain these two studies • More similarities than differences with NIAGARA • Patient mix had better than expected prognosis - this makes it harder to demonstrate modest improvement • Small imbalances, unseen at baseline, may explain different findings between the trials Robert Jones Invited Discussant 47350, 47360 and 47420 BARCELONA AUDITORIUM - HALL 9 [Slide 4] 13:30 - 15:00 Proffered paper 1: Genitourinary tumour, renal and urothelial CHAIRS: AXEL BEX, ANJA LORCH Were studies designed differently? Callouts: Only KN-866 used placebo | Differences in cisplatin eligibility | Only CA017-078 excluded N1 | Subtle differences in primary endpoint definitions | Some differences in statistical design [Panel] Phase 3 KEYNOTE-866 Study Design (NCT03924856) — Adults with MIBC; clinical stage T2-T4aN0M0 or T1-T4aN1M0; urothelial histology ≥50%; eligible for RC + PLND; did not meet Galsky criteria for cisplatin ineligibility incl. GFR ≥60 mL/min; ECOG PS 0 or 1. R 1:1: n = 453 Pembrolizumab 200 mg + cisplatin 70 mg/m2 + gemcitabine 1000 mg/m2 x4 → RC + PLND → Pembrolizumab 200 mg Q3W 13 cycles; n = 454 Placebo + cisplatin + gemcitabine → Placebo Q3W 13 cycles. Primary end point: EFS by investigator assessment. Key secondary: OS and pCR (pT0N0) by central pathologist review. Other secondary: Safety. [Panel] Study design: CA017-078 — Phase 3 randomized trial of neoadjuvant NIVO plus GC, followed by adjuvant NIVO, vs neoadjuvant GC alone for previously untreated MIBC (NCT03661320). Key inclusion: MIBC (predominant urothelial component); cT2-T4a, N0, M0; GFR ≥ 50 mL/min; ECOG PS 0-1. R 1:1: GC Q3W x 4 cycles + NIVO 360 mg Q3W x 4 cycles (N = 325) → radical cystectomy → NIVO 480 mg Q4W x 9 cycles; GC Q3W x 4 cycles (N = 328) → radical cystectomy → no further treatment. [Greyed arm: GC + NIVO 360 mg + BMS986205 (blinded) 100 mg QD → NIVO 480 mg Q4W + BMS986205 — TERMINATED (Dec 2021), excluded from formal testing of NIVO+GC vs GC alone.] Stratification: clinical stage (T2 vs T3/T4a); GFR (50 to <60 mL/min vs ≥60 mL/min); PD-L1 status (≥1% vs <1%/indeterminate/NE) by central review. Co-primary endpoints: pCR and EFS per BICR. Secondary: OS, safety. Exploratory: ctDNA analyses. Median follow-up (range): 54.5 months (39.4-77.0). [Panel] NIAGARA: Study Design — Adults; cisplatin-eligible MIBC (cT2-T4aN0/1M0); UC or UC with divergent differentiation or histologic subtypes; evaluated and confirmed for RC; CrCl of ≥40 mL/min. R 1:1: Durvalumab arm N=533: neoadjuvant Durvalumab 1500 mg IV Q3W + Gemcitabine + cisplatin (4 cycles) → radical cystectomy → adjuvant Durvalumab 1500 mg IV Q4W (8 cycles); Comparator arm N=530: Gemcitabine + cisplatin → radical cystectomy → no treatment. Dual primary endpoints: EFS, pCR. Key secondary endpoint: OS. Safety. EFS was defined as: progressive disease that precluded RC; recurrence after RC; date of expected surgery in patients who did not undergo RC; death from any cause. Placebo, primary endpoints Robert Jones Invited Discussant 47350, 47360 and 47420 BARCELONA AUDITORIUM - HALL 9
Daniel Castellano (@cdanicas)
Daniel Castellano @cdanicas
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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🎯 Starting the GU oral session! #ESMO26 @JensBedke presented the ph3 study in MIBC KN-866 A negative study of Cis-Gem + Pembro vs Cis-Gem periop.🤷‍♂️ What about NIAGARA study? 🤨 @OncoAlert @myESMO @DrFelixGuerrero @GuardConsortium @UroTarget https://t.co/dYEYe4TBwq
Dra. María Natalia Gandur Quiroga (@nataliagandur)
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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🚨⭐🟠 #ESMO26 GU Oncology Invited Discussion 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert 🔬 Why did NIAGARA succeed while KEYNOTE-866 and ENERGIZE failed to meet their primary efficacy endpoints? 📊 EFS HR: ✅ NIAGARA: 0.68 ❌ KEYNOTE-866: 0.88 ❌ ENERGIZE: 0.94 🧩 Different populations, baseline risks, eligibility criteria and trial designs complicate comparisons. ⭐ MY POINT OF VIEW Different outcomes across trials do not establish superiority of PD-L1 over PD-1 blockade. 💡 In curative-intent MIBC, patient selection, endpoint definitions and absolute clinical benefit matter as much as the HR. Cross-trial comparisons generate hypotheses, not definitive conclusions. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @AndreaNecchi @drenriquegrande @DrYukselUrun @yekeduz_emre @cdanicas @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #UrothelialCancer #GUOncology #ADC #ClinicalTrials
[Slide 2] Is the combination hypothesis incorrect? pCR outcomes were consistent across trials KEYNOTE-866 | CA017-078 | NIAGARA [KEYNOTE-866 bar chart] Estimated difference:b 8.9% (95% CI, 2.5-15.1)* ; Pembro + cis + gem | Placebo + cis + gem [CA017-078 bar chart] pCR overall (co-primary endpoint) 39.1 | 29.6 ; Overall ITT [NIAGARA bar chart] Re-analysis Apr 2024 [small text illegible at this resolution] [Slide 4] Were populations different? EFS outcomes were good in control arms of these studies Primary End Point: EFS by Investigator Assessment, ITT Population [KEYNOTE-866 KM curve - small text illegible] Event-free survival by treatment arm (co-primary endpoint) [CA017-078 KM curve - small text illegible] | KEYNOTE-866 | CA017-078 | NIAGARA T2 (%) | 15 | 76 | 40 N1 (%) | 0.7 | Excluded | 5 ECOG 0 (%) | 76 | - | 78 24 month EFS in control arm (%) | 70.0 | 71.6 | 59.8
deniztural (@drdeniztural)
deniztural @drdeniztural
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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Durvalumab plus cisplatin showed positive results, while the pembrolizumab and nivolumab trials were negative. I’m not sure how to make sense of this puzzle. #ESMO2026 @tompowles1 @ProfSyedHussain @PGrivasMDPhD @PGrivasMDPhD @montypal @DrYukselUrun https://t.co/7AXG6J6zOj
Is the combination hypothesis incorrect? pCR outcomes were consistent across trials KEYNOTE-866 [Bar chart: pCR Rate, % (95% CI)] Estimated difference:b 8.9% (95% CI, 2.5-15.1)* Pembro + cis + gem | Placebo + cis + gem CA017-078 pCR overall (co-primary endpoint)a 9.5% (95% CI 2.3-16.7) (99.91% CI -2.6 to 21.6)* 39.1 | 29.6 Overall ITT NIAGARA Re-analysis (Apr 2024) Odds ratio 1.60 (95% CI 1.23-2.08) nominal P=0.0005 Durvalumab arm N=533: 37.3% 199/533 95% CI 33.2-41.6 Comparator arm N=530: 27.5% 146/530 95% CI 23.8-31.6
Tom Powles (@tompowles1)
Tom Powles @tompowles1
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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It hard to explain why 1 trial with gem/cis +/-PD(L)1 (NIAGARA) is +ve for EFS/OS and 2 very similar trials (presented today) are negative in MIBC. Potentially NIAGARA has the highest risk population, not all respond to IO and the maintenance phase the most effect- but the OS of gem/cis pembro HR of 1 is concerning. This reflects what we saw in metastatic disease with contradictory results for the big combination trials. Overall EVP looks better and more consistent #ESMO26 @myESMO @Annals_Oncology @OncoAlert
[Header row] ENERGYZE (n=646) Nivolumab | KN866(n=907) Pembrolizumab | NIAGARA (n=1063) Durvalumab | B15/EV304 (n=808) EV + pembro Study arm | GCN | GC | GCP | GC | GCD | GC | EVP | GC Medan FU | 54 months | 61 months | 46 months | 33 months pCR/ctDNA clearance | 39% 82% | 29% 58% | 44% | 36% | 37% | 27% | 56% | 33% 2 yr EFS | 72% | 72% | 76% | 70% | 68% | 60% | 79% | 66% 2 yr OS | 85% | 85% | 83% | 82% | 74% | 68% | 87% | 81% EFS HR | 0.94 | 0.88 | 0.68 | 0.53 OS HR | 0.88 | 1.00 | 0.75 | 0.6, Competed IO | 56% | 46% | 54% | 51% surgery | 90% | 88% | 91% | 87% | 88% | 85% | 87% | 91% T2 at | 77% | 15% | 40% | 20%
Toni Choueiri, MD (@DrChoueiri)
Toni Choueiri, MD @DrChoueiri
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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Negative Ph.III KEYNOTE-866 by #DrJensBedke: perioperative pembrolizumab + neoadjuvant Gem/Cis vs placebo + Gem/Cis in cis-eligible MIBC. EFS HR 0.88 (95% CI 0.71-1.10), p=0.137. pCR 44.4% vs 35.8%; OS HR 1.00. Higher pCR did not translate into EFS benefit. #ESMO26 #BladderCancer @myESMO @OncoAlert
[Slide 1] Phase 3 KEYNOTE-866 Study Design (NCT03924856) Key Eligibility Criteria - Adults with MIBC - Clinical stage T2-T4aN0M0 or T1-T4aN1M0 by central assessment - Urothelial histology >=50% - Eligible for RC + PLND - Did not meet any Galsky criteria for cisplatin ineligibility,1 including GFR >=60 mL/min - ECOG PS 0 or 1 Stratification Factors - PD-L1 status (CPS >=10 vs <10)a - Clinical stage (T2N0 vs T3/T4aN0 vs T1-4aN1) - Geographic region (US vs Western Europe vs most of world) R 1:1 n = 453: Pembrolizumab 200 mg d1 IV Q3W 4 cycles + Cisplatin 70 mg/m2 d1 IV Q3W 4 cycles + Gemcitabine 1000 mg/m2 d1 and d8 IV Q3W 4 cycles -> RC + PLND -> Pembrolizumab 200 mg d1 IV Q3W 13 cycles n = 454: Placebo d1 IV Q3W 4 cycles + Cisplatin 70 mg/m2 d1 IV Q3W 4 cycles + Gemcitabine 1000 mg/m2 d1 and d8 IV Q3W 4 cycles -> RC + PLND -> Placebo d1 IV Q3W 13 cycles Primary endpoint: EFS by investigator assessment Key secondary endpoints: OS and pathological complete response (pCR; pT0N0, ie, absence of viable tumor in examined tissue from cystectomy) by central pathologist review Other secondary endpoints include: Safety aAssessed by PD-L1 IHC 22C3 pharmDx (Agilent, Carpinteria, CA); CPS = #PD-L1-staining cells (tumor cells, lymphocytes, and macrophages) / total # viable tumor cells x 100. 1. Galsky MD et al. Lancet Oncol. 2011;12:211-214. Data cutoff: January 26, 2026. [Slide 3] Common TEAEsa (Incidence >=15% in Either Arm) Safety Analysis Population, All Phases of Treatmentb Pembro + cis + gem (n = 450) | Placebo + cis + gem (n = 449) Terms (top to bottom): Nausea, Anemia, Neutropenia, Constipation, Fatigue, Urinary tract infection, Diarrhea, Decreased appetite, Thrombocytopenia, Blood creatinine increased, Asthenia, Pruritus, Weight decreased, Vomiting, Leukopenia, Pyrexia Pembro + cis + gem values (top to bottom): 54.9%, 54.4%, 53.1%, 35.8%, 34.9%, 26.0%, 24.7%, 24.2%, 23.3%, 22.9%, 22.4%, 20.4%, 17.8%, 17.1%, 16.2%, 15.3% Placebo + cis + gem values (top to bottom): 52.3%, 55.2%, 50.6%, 39.0%, 29.8%, 28.1%, 19.2%, 20.7%, 23.8%, 20.5%, 24.3%, 10.9%, 12.0%, 13.8%, 13.6%, 14.9% Legend: Grade 1 or 2 | Grade 3-5 X-axis: Incidence, % (100 ... 0 ... 100) aCollected up to 30 days after cessation of study treatment (90 days for serious AEs). bReporting window included neoadjuvant, surgical, and adjuvant phases. Data cutoff: January 26, 2026.
David H Aggen, MD PhD (@Dr_Aggen)
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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KEYNOTE-866: No significant EFS benefit with perioperative pembro + gem/cis (HR 0.88, p=0.14) and no OS signal (HR 1.00). Why did the control arm perform so well? More cT2 disease? No split-dose cisplatin? Important differences vs NIAGARA. #ESMO26 @OncoAlert https://t.co/GWIiavQV7j
| Events, n (%) | EFS, median (95% CI), months Pembrolizumab group | 157 (34.7) | 74.1 (72.4-NR) Placebo group | 168 (37.0) | NR (67.7-NR) HR 0.88 (95% CI 0.71-1.10); P = 0.1366 Landmarks: 24 mo 76.7% vs 70.0%; 36 mo 69.2% vs 66.3%; 48 mo 66.0% vs 62.3%; 60 mo 63.5% vs 61.9% Event-free survival (%) vs Months 0-78 No. at risk Pembrolizumab group (no. censored): 453 (0) 401 (20) 366 (22) 338 (22) 329 (23) 304 (23) 296 (24) 273 (39) 224 (83) 175 (130) 114 (187) 51 (248) 11 (287) 0 (296) Placebo group (no. censored): 454 (0) 400 (20) 345 (22) 310 (23) 300 (24) 291 (25) 283 (25) 257 (43) 208 (84) 168 (123) 106 (185) 51 (238) 12 (274) 0 (286) Survival table Endpoint: EFS Arm | N | Median | Median CI Pembrolizumab group | 453 | 74.1 mo | 72.4-NR Placebo group | 454 | NR | 67.7-NR HR: 0.88 HR CI: 0.71-1.10 P: P = 0.1366 (sidedness not stated on this figure) Landmark rates: 24 mo: Pembrolizumab group 76.7% | Placebo group 70.0% 36 mo: Pembrolizumab group 69.2% | Placebo group 66.3% 48 mo: Pembrolizumab group 66.0% | Placebo group 62.3% 60 mo: Pembrolizumab group 63.5% | Placebo group 61.9%
Juan Pablo Rojas Manrique (@JPRojasUroOnco)
Juan Pablo Rojas Manrique @JPRojasUroOnco
KEYNOTE-866 · ESMO 2026 slides
Oct 23, 2026 · ESMO 2026
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🚨 Negative results from KEYNOTE-866 at #ESMO26. Perioperative pembrolizumab added to neoadjuvant gemcitabine/cisplatin failed to significantly improve event-free survival in muscle-invasive bladder cancer (HR 0.88; 95% CI 0.71–1.10; P=0.1366). #BladderCancer https://t.co/QzbD5VUnK6
Perioperative Pembrolizumab or Placebo Plus Neoadjuvant Cisplatin and Gemcitabine in Parti[cipants] With Muscle-Invasive Bladder Cancer: The Dou[ble-] Blind, Phase 3 KEYNOTE-866 Study [right edge cropped] Jens Bedke(1); Peter Arkosy(2); Hiroyuki Nishiyama(3); Hakim Mahammedi(4); Christof Vulsteke(5); María José Juan-Fita(6); Igor Antonyan(7); Ossama Didas(8); Elena Verzoni(9); Vagif Atduev(10); Alejo Rodrigu[ez-Vida(11) - cropped]; Jong Jin Oh(12); Seok-Ho Kang(13); Avivit Peer(14); Ruslan Zukov(15); Nainy Jain(16); Sonia Franco(16); Blanca Homet Moreno(16); Christopher Hoimes(17); Arlene Siefker-Radtke(18) (1)Department of Urology & Transplantation Surgery, Eva Mayr-Stihl Cancer Center, Klinikum Stuttgart, Stuttgart, Germany; (2)Debreceni Egyetem Klinikai K[...], Debrecen, Hungary; (3)University of Tsukuba Hospital, Tsukuba, Japan; (4)Centre Jean Perrin, Clermont-Ferrand, France; (5)Integrated Cancer Center Ghent, [AZ] Middelares, Ghent, Belgium, and Center for Oncological Research, Antwerp University, Antwerp, Belgium; (6)Instituto Valenciano de Oncologia, Valencia, S[pain]; (7)V.I. Shapoval Regional Medical Clinical Urology and Nephrology Center of Kharkiv Reg Council, Kharkiv, Ukraine; (8)Clinique Victor Hugo, Le Mans, Franc[e]; (9)IRCCS Istituto Nazionale dei Tumori di Milano, Genitourinary Medical Oncology, Milan, Italy; (10)Volga District Medical Center, Federal Medical-Biological A[gency], Novgorod, Russia; (11)Hospital del Mar, Barcelona, Spain; (12)Seoul National University Bundang Hospital, Seongnam-si, South Korea; (13)Korea University A[...], Seoul, South Korea; (14)Fishman Oncology Center, Rambam Health Care Campus, Haifa, Israel; (15)V.F. Voyno-Yasenetsky Krasnoyarsk State Medical Univ[ersity], Krasnoyarsk, Russia; (16)Merck & Co., Inc., Rahway, NJ, USA; (17)Duke University Medical Center, Durham, NC, USA; (18)MD Anderson Cancer Center, Hous[ton] [Stage photo: presenter at podium; podium sign 'ESMO congress MADRID SPAIN 23-27 OCTOBER 2026'; chairs seated]

KEYNOTE-866 Trial Design

KEYNOTE-866 asked whether perioperative pembrolizumab improves outcomes when added to neoadjuvant cisplatin-gemcitabine and radical cystectomy in cisplatin-eligible MIBC. It is described by the investigators as the first placebo-controlled trial of perioperative PD-1/PD-L1 immunotherapy with neoadjuvant cisplatin-gemcitabine. Most patients had cT3/cT4aN0 disease at baseline (84.5% vs 84.8%); 14.8% vs 14.5% had cT2N0 disease.

Jens Bedke presented the final EFS analysis at ESMO 2026 (Abstract 4735O), with a concurrent paper in Annals of Oncology. The presented conclusions state that efficacy in the placebo arm surpassed conventional benchmarks for neoadjuvant cisplatin-gemcitabine and that perioperative enfortumab vedotin plus pembrolizumab has become a standard of care in MIBC.

Study Design

Phase III, randomized 1:1, double-blind, placebo-controlled. (Study design slide; ClinicalTrials.gov NCT03924856)

Population

Cisplatin-eligible MIBC; ITT 453 vs 454. Baseline cT2N0 14.8% vs 14.5%, cT3/cT4aN0 84.5% vs 84.8%, cT1–4aN1 0.7% vs 0.7%; PD-L1 CPS ≥10 56.7% vs 56.2%. (Baseline slide)

Interventions

Pembrolizumab 200 mg or placebo Q3W + cisplatin 70 mg/m² + gemcitabine 1000 mg/m² x4 → RC + PLND → pembrolizumab or placebo Q3W x13 (4 neoadjuvant cycles; 13 adjuvant cycles).

Endpoints

Primary: EFS by investigator assessment. Key secondary: OS; pCR (pT0N0) by central pathology review. Other: safety.

Presenter

Jens Bedke — ESMO 2026 Proffered paper session, Genitourinary tumours, renal and urothelial, October 23, 2026, Abstract 4735O. Concurrent publication: Annals of Oncology (DOI 10.1016/j.annonc.2026.10.106).

Sponsor

Merck Sharp & Dohme LLC (ClinicalTrials.gov).

Design sources: ESMO 2026 4735O, Bedke; data cutoff 26-Jan-2026.

KEYNOTE-866 in the News

KEYNOTE-866 FAQ

What is the KEYNOTE-866 trial?

KEYNOTE-866 (NCT03924856) is a Merck double-blind phase III trial in cisplatin-eligible muscle-invasive bladder cancer comparing perioperative pembrolizumab with placebo, each with neoadjuvant cisplatin-gemcitabine and radical cystectomy. See Trial Design.

What did KEYNOTE-866 show at ESMO 2026?

The primary endpoint, event-free survival, was not met (HR 0.88, one-sided P=0.1366). Overall survival and pCR were not formally tested. All figures with the data cut-off are in At a Glance.

Is pembrolizumab with gemcitabine-cisplatin approved for MIBC?

No. Perioperative pembrolizumab with neoadjuvant gemcitabine-cisplatin is not approved for MIBC. Perioperative enfortumab vedotin plus pembrolizumab is FDA-approved for MIBC, based on KEYNOTE-905 and KEYNOTE-B15. See At a Glance.

Why was NIAGARA positive when KEYNOTE-866 was negative?

The reason is not established. Physicians and the invited discussant pointed to differences in disease stage at entry, control-arm outcomes, endpoint definitions and trial design. NIAGARA (durvalumab) improved EFS (HR 0.68) and OS (HR 0.75); these are cross-trial observations, not a head-to-head comparison.

What were the safety findings?

Immune-mediated adverse events and infusion reactions were more frequent with pembrolizumab than placebo; the investigators reported a manageable safety profile with no new safety signals. Rates: At a Glance.

Key KOL Sentiments - KEYNOTE-866

Physicians only. Comments are the full, verbatim posts; any figure inside a post is the physician’s own wording — slide-verified figures are in the Methodology section.

KOLDateSentimentComment
Tom Powles
Tom Powles
@tompowles1
Oct 10, 2026● NEUTRAL3 randomised trials #ESMO26 in muscle invasive bladder cancer. VOLGA = Neoadjuvant EV plus perioperative durvalumab. How will it compare to perioperative EVP (B15/905) where longer periods of EV were given (OS HR = 0.5-0.6). Also, 2 trials (ENERGIZE/KN866) of cisplatin based neoadjuvant chemotherapy with or without PD-1 inhibition (nivolumab or pembrolizumab) . Will they reproduce NIAGARA with OS HR of 0.75 or will we see antagonism with platinum chemo as in metastatic disease . @OncoAlert
Tom Powles
Tom Powles
@tompowles1
Oct 11, 2026● NEUTRALBladder cancer highlights for #ESMO26 . 4 randomised phase III studies in perioperative disease. VOLGA (EVD vs EVDT vs cystectomy; KN866 (GC+/-pembro) ENERGIZE (GC+/- nivo); KN905 (pembro vs cystectomy). Also, ctDNA data for EVP vs chemo in B15/EV304. No personalized cancer vaccine or RT +/- ICI data. In advanced disease: Long term data for Rll of EV vs EVP. More data with SAC-TMT/PD1. Also triplet data with EV/SG/PD1. No new breakthrough ADC or data on VEGF/PD1 bispecifics. @Annals_Oncology @myESMO @OncoAlert
Niklas Klümper
Niklas Klümper
@niklas_kluemper
Oct 23, 2026● NEUTRAL#ESMO2026 🚨 Three phase III trials with perioperative chemoimmunotherapy. Different outcomes in MIBC. NIAGARA: durvalumab + GC → EFS HR 0.68, OS HR 0.75 ✅ KEYNOTE-866: pembrolizumab + GC → EFS HR 0.88, OS HR 1.00 CA017-078: nivolumab + GC → EFS HR 0.94 Interestingly, all three showed numerically higher pCR rates, but only NIAGARA demonstrated statistically significant survival benefits in the reported analyses. Why? Differences in trial populations, treatment schedules, statistical design—or tumor biology? These are cross-trial observations, not head-to-head comparisons. We should resist attributing the differences simply to PD-1 versus PD-L1 inhibition. The key challenge: identifying which MIBC patients truly benefit from adding immunotherapy to chemotherapy. We urgently need predictive biomarkers and molecularly informed perioperative treatment selection. 🔬 @OncoAlert Faculty @DrChoueiri , @tompowles1 , @apolo_andrea , @neerajaiims , @montypal , @Silke_Gillessen , @AOmlin , @brian_rini , @PGrivasMDPhD , @TiansterZhang , @amerseburger , @DrDanielHeng , @HHammersMD , @scocmem , @AndreaNecchi , @AmandaNizamMD , @drenriquegrande , @nataliagandur , @AlbigesL , @cdanicas , @declangmurphy , @seanmmcbride , @shilpaonc , @DrRanaMcKay , @scserendipity1 , @DrYukselUrun , @ravikanesvaran , @BraunMDPhD , @EfstathiouEleni , @mzugman , @crisbergerot @Markuseckstein3
Amanda Nizam, MD
Amanda Nizam, MD
@AmandaNizamMD
Oct 23, 2026● NEUTRAL#ESMO26 Day 1 has arrived! Follow along with @OncoAlert for full coverage! Highlights from the GU Renal & Urothelial Proffered Paper Session today: 🔴 Ph 3 KEYNOTE-866 (GC +/- perioperative pembro in MIBC) 🔴 Ph 3 ENERGIZE (GC +/- perioperative nivo in MIBC) 🔴 Ph 1 TROPHYU-01 Cohort 7 (SG + EV + Zim in 1L La/mUC) 🔴 ctDNA analyses from Ph 3 KEYNOTE-B15 (EV+P vs GC in cis-eligible MIBC) Key❓: Why were KN-866 and ENERGIZE negative while NIAGARA was positive? @scocmem @nataliagandur @DrKarineTawagi @niklas_kluemper @OncoAlert
Oct 23, 2026● NEUTRAL5 phase III perioperative MIBC trials, with differing results. EV-303, EV-304 and NIAGARA improved EFS/OS, while ENERGIZE and KEYNOTE-866 did not meet their EFS endpoints. Important differences in patient populations, regimens and trial design. Cross-trial comparisons require caution. #ESMO26 @OncoAlert
Oct 23, 2026● NEUTRAL🚨⭐🟠 #ESMO26 GU Oncology Invited Discussion 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert 🔬 Why did NIAGARA succeed while KEYNOTE-866 and ENERGIZE failed to meet their primary efficacy endpoints? 📊 EFS HR: ✅ NIAGARA: 0.68 ❌ KEYNOTE-866: 0.88 ❌ ENERGIZE: 0.94 🧩 Different populations, baseline risks, eligibility criteria and trial designs complicate comparisons. ⭐ MY POINT OF VIEW Different outcomes across trials do not establish superiority of PD-L1 over PD-1 blockade. 💡 In curative-intent MIBC, patient selection, endpoint definitions and absolute clinical benefit matter as much as the HR. Cross-trial comparisons generate hypotheses, not definitive conclusions. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @AndreaNecchi @drenriquegrande @DrYukselUrun @yekeduz_emre @cdanicas @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #UrothelialCancer #GUOncology #ADC #ClinicalTrials
deniztural
deniztural
@drdeniztural
Oct 23, 2026● NEUTRAL@tompowles1 @OncoAlert Durvalumab plus cisplatin showed positive results, while the pembrolizumab and nivolumab trials were negative. I’m not sure how to make sense of this puzzle.
Yüksel Ürün
Yüksel Ürün
@DrYukselUrun
Oct 23, 2026● NEUTRALA positive trial is not a class effect. A negative trial is not a class verdict. NIAGARA vs KEYNOTE-866/ENERGIZE: the regimen matters. Which patients truly benefit? @myESMO @OncoAlert @OpenMedicineHQ #ESMO26 https://t.co/1dghmBLUER
Gil Morgan, MD
Gil Morgan, MD
@weoncologists
Oct 21, 2026● NEGATIVEMore pCR didn’t translate into EFS or OS. KEYNOTE-866: an important negative phase 3 in cisplatin-eligible MIBC. #ESMO26 #BladderCancer https://t.co/Ctmh4fcbF5
Niklas Klümper
Niklas Klümper
@niklas_kluemper
Oct 21, 2026● NEGATIVE🚨 New ESMO 2026 data challenge our understanding of perioperative therapy in MIBC! KEYNOTE-866 (phase III, n=707), ENERGIZE (phase III, n=653): Adding perioperative pembro or nivolumab to neoadjuvant gemcitabine/cisplatin did not significantly improve EFS and OS, despite numerically higher pCR! Yet NIAGARA demonstrated significant EFS (HR 0.68) and OS (HR 0.75) benefits with perioperative durvalumab. Why does one chemoimmunotherapy strategy succeed while others fails? Different patient populations, trial designs, or underlying biology? We urgently need predictive biomarkers—not just another checkpoint inhibitor. Meanwhile, new KEYNOTE-905 data in cisplatin-ineligible MIBC (ad hoc, n=255) show: • Pembrolizumab alone: pCR 25.3%; EFS HR 0.71 vs surgery alone. • EV+pembrolizumab: pCR 58.8%; EFS HR 0.40 vs surgery alone. The key question is no longer simply whether to add immunotherapy—but which patients need chemotherapy, ADC-based therapy, or both. Histology, NECTIN4/HER2 biology, and longitudinal ctDNA deserve prospective evaluation as treatment-selection tools. Exciting times for MIBC—but precision must catch up with therapeutic progress. @OncoAlert Faculty @DrChoueiri , @tompowles1 , @apolo_andrea , @neerajaiims , @montypal , @Silke_Gillessen , @AOmlin , @brian_rini , @PGrivasMDPhD , @TiansterZhang , @amerseburger , @DrDanielHeng , @HHammersMD , @scocmem , @AndreaNecchi , @AmandaNizamMD , @drenriquegrande , @nataliagandur , @AlbigesL , @cdanicas , @declangmurphy , @seanmmcbride , @shilpaonc , @DrRanaMcKay , @scserendipity1 , @DrYukselUrun , @ravikanesvaran , @BraunMDPhD , @EfstathiouEleni , @mzugman , @crisbergerot
Oct 23, 2026● NEGATIVE🚨 A negative phase III trial can still sharpen the field. @OncoAlert At #ESMO26, KEYNOTE-866 tested whether adding perioperative pembrolizumab to neoadjuvant gemcitabine/cisplatin and radical cystectomy could improve outcomes in cisplatin-eligible MIBC. 📊 n=907 ➡️ EFS: 74.1 mo vs NR HR 0.88 (0.71–1.10), p=.1366 ➡️ pCR: 44.4% vs 35.8% ➡️ OS: HR 1.00 (0.79–1.27) ⚠️ Grade 3–5 TEAEs: 80.2% vs 75.1% The key point: perioperative pembrolizumab did not significantly improve EFS. 🎯 Why this matters: not every perioperative IO strategy adds meaningful benefit to cisplatin-based chemotherapy. For me, this is a reminder that the perioperative MIBC space cannot be treated as one interchangeable class effect. We need to understand: 🔹 which combinations truly improve long-term outcomes 🔹 whether pCR gains translate into survival benefit 🔹 which patients need intensification 🔹 and how biomarkers may help us avoid adding toxicity without enough efficacy More therapy is not automatically better perioperative therapy. Better selection matters. Important data from @garysteinbergmd @DrChrisHoimes and the KEYNOTE-866 investigators. Pinging @DrChoueiri @tompowles1 @apolo_andrea @PGrivasMDPhD @AndreaNecchi @DrYukselUrun @drenriquegrande @crisbergerot @niklas_kluemper @nataliagandur #OncoAlert #ESMO26 #BladderCancer #MIBC #Immunotherapy #PerioperativeTherapy #GUOncology
Martin ZapataLaguado
Martin ZapataLaguado
@zapatalaguadomd
Oct 23, 2026● NEGATIVE#ESMO26 Keynote 866 in muscle invasive bladder cancer no difference in EFS. More pCR than chemo alone @SCUColombia @achoHematoYOnco @myESMO @ASCO @OncoAlert @oncodaily https://t.co/aoNd2Bbkqt
Oct 23, 2026● NEGATIVE#JensBedke presents #Keynote866 trial cis/gem/pembro vs chemo/placebo in muscle invasive #bladdercancer — higher pathCR but misses on EFS and OS. @oncoalert @esmo #ESMO26 https://t.co/Wcbbi7dT7Z
Oct 23, 2026● NEGATIVE🚨⭐ #ESMO26 |Abstract 4735O KEYNOTE-866 🟠 Perioperative pembrolizumab or placebo + neoadjuvant cisplatin and gemcitabine in muscle-invasive bladder cancer: Phase III KEYNOTE-866 🎤 Presented by Jens Bedke 🇩🇪 @OncoAlert 🔬 Can adding perioperative pembrolizumab to cisplatin-based neoadjuvant chemotherapy improve outcomes in cisplatin-eligible MIBC? 📊 STUDY DESIGN Phase III, randomized, double-blind, placebo-controlled trial. 👥 N=907 patients with cisplatin-eligible MIBC. 🔹 Pembrolizumab + gemcitabine/cisplatin → radical cystectomy → adjuvant pembrolizumab (n=453) 🔹 Placebo + gemcitabine/cisplatin → radical cystectomy → adjuvant placebo (n=454) Median follow-up: 60.9 months. 📊 KEY RESULTS ❌ Event-free survival (PRIMARY ENDPOINT) • Median EFS: 74.1 months vs NR • HR 0.88 (95% CI 0.71–1.10) • p=0.1366 ➡️ No statistically significant EFS improvement. 📈 Pathological complete response (pCR) ✅ 44.4% vs 35.8% • Estimated difference: +8.9 percentage points (95% CI 2.5–15.1). ⚠️ Higher pCR did NOT translate into a statistically significant improvement in the primary EFS endpoint. 📊 Overall survival • Median OS: NR in both arms • HR 1.00 (95% CI 0.79–1.27) ➡️ No observed OS advantage. pCR and OS were not formally tested for statistical significance under the hierarchical testing strategy. 🏥 Surgery • Underwent cystectomy: 91.6% vs 87.9%. ⚠️ SAFETY • Grade 3–5 treatment-emergent AEs: 80.2% vs 75.1%. • Grade 3–5 immune-mediated AEs/infusion reactions: 8.9% vs 1.8%. 🔬 CONCLUSION KEYNOTE-866 did not meet its primary EFS endpoint. Despite increased pCR rates, perioperative pembrolizumab added to neoadjuvant cisplatin/gemcitabine did not demonstrate a significant EFS benefit. ⭐ MY POINT OF VIEW | CLINICAL PEARL A higher pathological response rate is encouraging, but it is not enough to redefine a standard of care. In curative-intent MIBC, durable disease control and survival must drive treatment decisions. 📌 These findings do not support routinely adding perioperative pembrolizumab to neoadjuvant gemcitabine/cisplatin in cisplatin-eligible MIBC. 💡 More treatment does not necessarily mean better outcomes. The real challenge is identifying which patients benefit from intensification—and which do not. 🌍 GU Oncology Community @urologysummit @gbanna74 @ravikanesvaran @PGrivasMDPhD @tompowles1 @apolo_andrea @sonpavde @montypal @DrChoueiri @neerajaiims @HHammersMD @TiansterZhang @drenriquegrande @crisbergerot @DrDanielHeng @Silke_Gillessen @EfstathiouEleni @BraunMDPhD @brian_rini @AOmlin @DrYukselUrun @yekeduz_emre @cdanicas @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #MIBC #GUOncology #ClinicalTrials #OncoAlertAF
Karine Tawagi MD
Karine Tawagi MD
@DrKarineTawagi
Oct 23, 2026● NEGATIVEFull house for Bladder/RCC updates first with #KN866 #ESMO26 Gem/cis in MIBC + placebo or pembro (➖) study & less relevance in the era of EVP SOC Vs similar trial NIAGARA was ➕ pCR 44.4% vs 35.8% EFS & OS not significant We wait #VOLGA tomorrow for more in this space https://t.co/uSLgxYSoMO
Oct 23, 2026● NEGATIVEKEYNOTE-866: No significant EFS benefit with perioperative pembro + gem/cis (HR 0.88, p=0.14) and no OS signal (HR 1.00). Why did the control arm perform so well? More cT2 disease? No split-dose cisplatin? Important differences vs NIAGARA. #ESMO26 @OncoAlert https://t.co/GWIiavQV7j
Axel S. Merseburger
Axel S. Merseburger
@amerseburger
Oct 23, 2026● NEGATIVEKEYNOTE-866 did not show EFS not OS. Great presentation 👏🏼by Prof Jens Bedke #ESMO26 @OncoAlert @Uromigos @urotoday @Uroweb @DGUrologie @high5md https://t.co/h2WiciZeJF
Oct 23, 2026● NEGATIVE#ESMO26 Adding perioperative pembro to Gem/Cis did not significantly improve EFS in cis-eligible MIBC (HR 0.88) in KN866. Higher pCR rates (although not formally tested) were seen in the pembro arm. More info in the concomitant publication in @Annals_Oncology @OncoAlert https://t.co/Ls5WRv4BJP
Kohji Takemura, MD
Kohji Takemura, MD
@KohjiToncol
Oct 23, 2026● NEGATIVEKEYNOTE-866: Negative for EFS. ENERGIZE: Negative for EFS. → What made the difference between these trials and NIAGARA? #ESMO26 https://t.co/vqu0TprzZx
Álvaro Pinto
Álvaro Pinto
@dralvaropinto
Oct 23, 2026● NEGATIVEKN-866: perioperative CisGem +/- Pembro in MIBC. No benefit in EFS/OS, slight increase in pCR. Big difference compared with NIAGARA. Which could be the reasons that explain these discordant results? #ESMO26 https://t.co/9w94roxDC6
Oct 23, 2026● NEGATIVENegative Ph.III KEYNOTE-866 by #DrJensBedke: perioperative pembrolizumab + neoadjuvant Gem/Cis vs placebo + Gem/Cis in cis-eligible MIBC. EFS HR 0.88 (95% CI 0.71-1.10), p=0.137. pCR 44.4% vs 35.8%; OS HR 1.00. Higher pCR did not translate into EFS benefit. #ESMO26 #BladderCancer @myESMO @OncoAlert
Katy Beckermann
Katy Beckermann
@katy_beckermann
Oct 23, 2026● NEGATIVETwo periop cis gem based phase 3 trials, adding a PD-1 to neoadjuvant cis-gem in MIBC did not improve EFS. 📉 KEYNOTE-866 pembro: EFS HR 0.88, OS HR 1.00 📉 CA017-078 nivo: EFS HR 0.94, pCR 39.1% vs 29.6% missed sig 🔍 Both continued the PD-1 after cystectomy, 13 cycles of pembro and 9 of nivo ctDNA was prognostic in but did not enrich for who benefited #ESMO26 #BladderCancer #MIBC #GUonc
Petros Grivas
Petros Grivas
@PGrivasMDPhD
Oct 23, 2026● NEGATIVEExcellent presentation by Jens presenting results from KN866 trial that did not meet its primary endpoint in contrast with NIAGARA. Peri-op EV-pembro is the SOC in MIBC, awaiting VOLGA trial tomorrow! @myESMO #ESMO26 #ESMOAmbassadors @OncoAlert @Uromigos @shilpaonc @AndreaNecchi https://t.co/pDpZgq4etv https://t.co/dB1E6AlrWF
Tom Powles
Tom Powles
@tompowles1
Oct 23, 2026● NEGATIVEIt hard to explain why 1 trial with gem/cis +/-PD(L)1 (NIAGARA) is +ve for EFS/OS and 2 very similar trials (presented today) are negative in MIBC. Potentially NIAGARA has the highest risk population, not all respond to IO and the maintenance phase the most effect- but the OS of gem/cis pembro HR of 1 is concerning. This reflects what we saw in metastatic disease with contradictory results for the big combination trials. Overall EVP looks better and more consistent #ESMO26 @myESMO @Annals_Oncology @OncoAlert
Oct 23, 2026● NEGATIVE🎯 Starting the GU oral session! #ESMO26 @JensBedke presented the ph3 study in MIBC KN-866 A negative study of Cis-Gem + Pembro vs Cis-Gem periop.🤷‍♂️ What about NIAGARA study? 🤨 @OncoAlert @myESMO @DrFelixGuerrero @GuardConsortium @UroTarget https://t.co/dYEYe4TBwq
Dr Amol Akhade
Dr Amol Akhade
@SuyogCancer
Oct 23, 2026● NEGATIVESo no one knows why Durvalumab worked and Pembrolizumab and Nivo failed in perioperative MIBC trials. @DrChoueiri @tompowles1 @HHammersMD @montypal @OncoAlert @myESMO #esmo26 https://t.co/3kilxJWJnB https://t.co/xf4MDnwcxJ
Oct 23, 2026● NEUTRALNice comparison chart @tompowles1 — control cohorts in the #ENERGYZE & #Keynote866 trials both did much better than #NIAGARA control cohort… some may have had access to adjuvant IO to contribute to EFS? #ESMO26 @myESMO @OncoAlert https://t.co/K6ubio90xc
Yüksel Ürün
Yüksel Ürün
@DrYukselUrun
Oct 23, 2026● NEGATIVEOverall Day 1 message in bladder cancer: Not all perioperative IO strategies are equal. Adding PD-1/PD-L1 inhibitors to cisplatin-based chemotherapy has now failed in two large Phase 3 trials (KEYNOTE-866 and ENERGIZE), while EV + pembrolizumab-based approaches (and NIAGARA) have succeeded. Biomarker selection is increasingly important. @myESMO @OncoAlert @OpenMedicineHQ @tompowles1 @AndreaNecchi @Uromigos @urologysummit #ESMO26
Oct 23, 2026● POSITIVE🚨⭐🟠 #ESMO26 | GU Oncology — Invited Discussion KEYNOTE-866 • ENERGIZE • TROPHY-U-01 🎤 Prof. Robert Jones 🇬🇧 @OncoAlert @urologysummit 🔬 Why do apparently similar trials produce different outcomes? An excellent critical appraisal of perioperative immunotherapy in #MIBC and emerging triplet strategies in metastatic #UrothelialCancer. 📊 1️⃣ PERIOPERATIVE IMMUNOTHERAPY ✅ NIAGARA: EFS HR 0.68 ❌ KEYNOTE-866: EFS HR 0.88 ❌ ENERGIZE: EFS HR 0.94 But are these trials directly comparable? 📌 Important baseline differences: • T2 disease: 40% vs 15% vs 76% • 24-month control-arm EFS: 59.8% vs 70% vs 71.6% Different populations, endpoints and statistical designs complicate cross-trial interpretation. 🧬 2️⃣ ctDNA: PROGNOSTIC ≠ PREDICTIVE Pretreatment ctDNA positivity was associated with shorter EFS and OS. ⚠️ In ENERGIZE, baseline ctDNA positivity differed between arms (59% vs 51%), potentially introducing prognostic imbalance. 🔬 ctDNA clearance before cystectomy identified patients with more favorable outcomes. But can ctDNA clearance identify candidates for bladder preservation? Not yet! Prospective validation is essential before considering omission of radical cystectomy. 💊 3️⃣ DUAL ADC + IMMUNOTHERAPY: THE NEXT FRONTIER? TROPHY-U-01 Cohort 7: ✅ ORR 81% ✅ Median PFS 19.3 months ✅ Median DoR 16.7 months ⚠️ Grade ≥3 treatment-related AEs: 52% ⚠️ Treatment-related discontinuation of ≥1 agent: 33% Promising efficacy, but only 21 patients and no randomized comparator. ⭐ MY POINT OF VIEW CLINICAL PEARLS 🔹 A positive trial does not prove the superiority of one checkpoint inhibitor over another. 🔹 ctDNA may redefine risk stratification, but molecular clearance is not yet a license to omit surgery. 🔹 Dual ADC intensification is scientifically exciting, but added efficacy must justify added toxicity. 💡 The future of GU oncology is not about treating everyone more aggressively. It is about treating the right patient with the right strategy, at the right time. 📌 PRACTICE IMPLICATION These new results do not independently establish a new standard of care. Individual trials must be interpreted on their own merits. Access also matters: perioperative gemcitabine/cisplatin + durvalumab remains an important option where EV + pembrolizumab is unavailable. 🌍 GU Oncology Community @gbanna74 @ravikanesvaran @urologysummit @tompowles1 @PGrivasMDPhD @apolo_andrea @sonpavde @DrYukselUrun @yekeduz_emre @drenriquegrande @TiansterZhang @ecancer @UrologyTimes @urotoday @wearemedsir @OpenMedicineHQ @UCSFCancer #BladderCancer #GUOncology #ctDNA #OncoAlert
Markus Eckstein
Markus Eckstein
@Markuseckstein3
Oct 23, 2026● NEUTRAL🚨 Perioperative immunotherapy in MIBC at #ESMO2026. Three phase III trials, three different answers, and one uncomfortable lesson for those of us who report pCR. 🔬 📊 NIAGARA (durvalumab + GC, n=1,063): pCR 37.3%, EFS HR 0.68 (0.56–0.82), OS HR 0.75 (0.59–0.95) ✅ 
📊 KEYNOTE-866 (pembrolizumab + GC, n=907): pCR 44.4%, EFS HR 0.88 (0.71–1.10), OS HR 1.00 (0.76–1.27) ❌ 
📊 CA017-078 (nivolumab + GC, n=653): pCR 39.1%, EFS HR 0.94 (0.71–1.25), OS HR 0.88 (0.64–1.21), OS immature ❌ Cross-trial, not head to head. Populations, schedules, follow-up (34 to 55 months) and statistical design all differ, so the ranking is exploratory. But look at the direction. The trial with the highest pCR returned an OS hazard ratio of exactly 1.00. 🧠 Three points from the pathology side: 1️⃣ pCR is a response marker, not a surrogate. Comparable absolute pCR gains of roughly 9 to 10 points across all three, divergent survival. If pCR tracked cure, that pattern should not be possible. pCR remains elusive at least for standard chemotherapy plus IO. 2. And pCR itself is not standardised across trials. ypT0N0 depends on sampling protocol, block numbers, regression assessment and whether review is central or local. The NIAGARA figure quoted here comes from a reanalysis, which tells you the endpoint moved on re-review. A 9-point difference is not comfortably above that measurement noise. Also worth noting: NIAGARA and KEYNOTE-866 both gave adjuvant IO, CA017-078 did not. So adjuvant continuation alone does not explain the split either. We genuinely do not know why these diverged. 🎯 Which is the real message. We are comparing trials on an endpoint we produce, that is not validated, not standardised, and not stratified by biology. Fixing that is a pathology job, and it is overdue. We need that now more than ever with neoadjuvant systemic phase becoming SOC. @OncoAlert @DrChoueiri @tompowles1 @apolo_andrea @neerajaiims @montypal @Silke_Gillessen @AOmlin @brian_rini @PGrivasMDPhD @TiansterZhang @amerseburger @DrDanielHeng @HHammersMD @scocmem @AndreaNecchi @AmandaNizamMD @drenriquegrande @nataliagandur @AlbigesL @cdanicas @declangmurphy @seanmmcbride @shilpaonc @DrRanaMcKay @scserendipity1 @DrYukselUrun @ravikanesvaran @BraunMDPhD @EfstathiouEleni @mzugman @crisbergerot #Uropathology #BladderCancer #blcsm #MIBC #pathtwitter Great summary below from Niklas Klümper.
Oncology Brothers
Oncology Brothers
@OncBrothers
Oct 23, 2026● NEUTRAL6. KEYNOTE-866: PeriOp pembro + neoadj cis/gem vs placebo + chemo in cisplatin-eligible MIBC. - EFS: median 74.1 mo vs NR (HR 0.88; p=0.14) - No significant EFS or OS benefit - EV+pembro (or perhaps Durva-EV will be) preferred SOC. 7/8 https://t.co/hTQ3qFh0F1 https://t.co/RcyWrrRaEh
Rohit Malde
Rohit Malde
@roxboxfix
Oct 21, 2026● NEUTRALDoes adding periop pembrolizumab to neoadjuvant gemcitabine–cisplatin, followed by radical cystectomy and adjuvant pembrolizumab, improve outcomes in cisplatin-eligible muscle-invasive bladder cancer (MIBC)? KEYNOTE-866 trial @ ESMO 2026 N=907 Median FU 5y EFS HR 0.88 p=0.13 https://t.co/YaVmGMbn0z
Julian Chavarriaga
Julian Chavarriaga
@chavarriagaj
Oct 23, 2026● NEUTRAL#ESMO26 🚨 KEYNOTE-866: The final EFS analysis (N=907) of perioperative pembrolizumab + cisplatin/gemcitabine vs chemotherapy alone: 🔹 5-year EFS: 63.5% vs 61.9% (HR 0.88; p=0.137) 🔹 5-year OS: 70.8% vs 70.9% (HR 1.00) 🔹 pCR: 44.4% vs 35.8% 🔹 Grade 3–5 AEs: 80.2% vs 75.1% Despite a numerically higher pCR rate, no significant EFS benefit emerged, and OS was virtually identical. 🚨In an evolving perioperative MIBC landscape, KEYNOTE-866 does not support adding pembrolizumab to cisplatin/gemcitabine. @urotoday @myESMO
Álvaro Pinto
Álvaro Pinto
@dralvaropinto
Oct 23, 2026● NEGATIVEENERGIZE: perioperative CisGem +/- Nivo in MIBC. No improvement in survival endpoints, just like KN-866. Food for thought… #ESMO26 https://t.co/WvI1UDVNMD
deniztural
deniztural
@drdeniztural
Oct 23, 2026● NEUTRALDurvalumab plus cisplatin showed positive results, while the pembrolizumab and nivolumab trials were negative. I’m not sure how to make sense of this puzzle. #ESMO2026 @tompowles1 @ProfSyedHussain @PGrivasMDPhD @PGrivasMDPhD @montypal @DrYukselUrun https://t.co/7AXG6J6zOj
Oct 23, 2026● NEGATIVE🚨 Negative results from KEYNOTE-866 at #ESMO26. Perioperative pembrolizumab added to neoadjuvant gemcitabine/cisplatin failed to significantly improve event-free survival in muscle-invasive bladder cancer (HR 0.88; 95% CI 0.71–1.10; P=0.1366). #BladderCancer https://t.co/QzbD5VUnK6
Oct 23, 2026● NEGATIVE🎯 Starting the GU oral session! #ESMO26 @JensBedke presenting the ph3 study in MIBC KN-866 A negative study of Cis-Gem + Pembro vs Cis-Gem periop.🤷‍♂️ What about NIAGARA study? 🤨 @OncoAlert @myESMO @DrFelixGuerrero @GuardConsortium @UroTarget https://t.co/nOgomCyPnE

Compiled and reviewed by the KOL Pulse research team, led by Brian Shields, Founder, KOL Pulse. Last updated October 26, 2026. Statistics carry their source and data-cut label in place; every quote is verbatim from the physician’s own post.