Astellas Pharma (ALPMY) and Pfizer (PFE) announced topline results from an interim analysis of the Phase 3 EV-304 clinical trial for Padcev, a Nectin-4 directed antibody-drug conjugate, in combination with Keytruda, a PD-1 inhibitor. This study is evaluating the combination as neoadjuvant and adjuvant treatment versus standard of care neoadjuvant chemotherapy in patients with muscle-invasive bladder cancer who are eligible for cisplatin-based chemotherapy. The trial met its primary endpoint, demonstrating clinically meaningful and statistically significant improvements in event-free survival, and overall survival, a key secondary endpoint. An additional secondary endpoint of pathologic complete response rate for neoadjuvant Padcev plus pembrolizumab versus neoadjuvant chemotherapy was also met, and a clinically meaningful and statistically significant improvement was observed. The safety profile for Padcev plus pembrolizumab was consistent with the known profile of the treatment regimen.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFE:
- Pfizer’s Growth Potential in Obesity Treatment Amid Financial Constraints Justifies Hold Rating
- Mixed options sentiment in Pfizer with shares down 3.35%
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Midday Fly By: Ford takes $19.5B EV writedown, Apple expanding iPhone lineup
- Pfizer price target lowered to $27 from $28 at BofA
