financetom
Business
financetom
/
Business
/
US FDA approves Amgen's colorectal cancer therapy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FDA approves Amgen's colorectal cancer therapy
Jan 16, 2025 4:22 PM

Jan 16 (Reuters) - The U.S. Food and Drug Administration

approved Amgen's ( AMGN ) combination therapy on Thursday to

treat colorectal cancer in patients with a specific gene

mutation.

Amgen's ( AMGN ) Lumakras in combination with Vectibix was approved

to treat adult patients whose cancer has spread to other parts

of the body despite receiving chemotherapy, the health regulator

said.

The FDA also approved Netherlands-based Qiagen's ( QGEN )

companion diagnostic device to identify patients eligible for

the combination treatment.

Lumakras is an oral drug designed to target a mutated form

of the KRAS gene, which occurs in 3% to 5% of colorectal

cancers, while Vectibix is a monoclonal antibody that targets a

mutated form of the EGFR gene, known for causing rapid tumor

cell growth.

The approval was based on a late-stage study showing the

combination treatment extended progression-free survival to 5.6

months, compared with two months with standard care, the agency

said.

Last year, the FDA approved Bristol Myers Squibb's ( BMY )

Krazati to treat colorectal cancer in patients with KRAS

mutation.

Colorectal cancer, the third most common cancer globally, is

also the second leading cause of cancer-related deaths,

according to the World Health Organization.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Can-Fite BioPharma Begins Late-Stage Study of Prospective Psoriasis Medication
Can-Fite BioPharma Begins Late-Stage Study of Prospective Psoriasis Medication
Mar 24, 2025
10:08 AM EDT, 03/24/2025 (MT Newswires) -- Can-Fite BioPharma ( CANF ) said Monday it has initiated a phase 3 study of its Piclidenoson drug candidate in patients with moderate to severe plaque psoriasis, with enrollment starting in Europe and in the US with Canada to follow. The co-primary objectives of the study are the proportion of patients whose psoriasis...
Sam Altman's World Network in talks with Visa for stablecoin wallet, CoinDesk reports
Sam Altman's World Network in talks with Visa for stablecoin wallet, CoinDesk reports
Mar 24, 2025
(Reuters) -Sam Altman's cryptocurrency project World Network is in talks with Visa for a stablecoin payments wallet, CoinDesk reported on Monday citing a person familiar with the plans. A deal will bring Visa card functionality to World Network wallets and allow stablecoin-based payments to merchants that are part of the payments giant's network, the report said. It underscores efforts by...
Update On Pollard Banknote: Partners With Maryland Lottery; Buys Pacific for US$10 million
Update On Pollard Banknote: Partners With Maryland Lottery; Buys Pacific for US$10 million
Mar 24, 2025
10:07 AM EDT, 03/24/2025 (MT Newswires) -- (Updates paragraphs 1, 2, and 5) Pollard Banknote ( PBKOF ) on Monday partnered with Maryland Lottery to launch its first 'Back to the Future' inspired $2 scratch-off game. The game offers Maryland Lottery players a top prize of $10,000 and the opportunity to win cash prizes through second chance draws. Earlier on...
South Korea's Hyundai to announce $20 billion US investment, official says
South Korea's Hyundai to announce $20 billion US investment, official says
Mar 24, 2025
SEOUL, March 24 (Reuters) - South Korea's Hyundai Motor Group is set to announce a $20 billion investment in the United States at the White House on Monday, a U.S. official said. CNBC reported that the investment would include a $5 billion steel plant in Louisiana and was expected to be announced by President Donald Trump, Hyundai Chairman Euisun Chung...
Copyright 2023-2026 - www.financetom.com All Rights Reserved