Johnson & Johnson announced that the FDA granted Priority Review to the New Drug Application, or NDA, filed for TAR-200, an intravesical gemcitabine releasing system, for the treatment of patients with Bacillus Calmette-Guerin-unresponsive high-risk non-muscle invasive bladder cancer, or HR-NMIBC, with carcinoma in situ, or CIS, with or without papillary tumors. The regulatory submission is supported by data from the Phase 2b SunRISe-1 study, which demonstrated an 82.4% complete response rate with 52.9% of patients remaining cancer-free at least one year or more after achievement of a CR. The majority of adverse reactions were mild and moderate.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JNJ:
- Johnson & Johnson price target raised to $175 from $161 at BofA
- Johnson & Johnson price target raised to $172 from $159 at Bernstein
- Johnson & Johnson price target raised to $176 from $165 at Barclays
- Johnson & Johnson Stock (JNJ) Gets a Price Target Boost by Stifel’s Analyst Post Q2 Earnings Beat
- Johnson & Johnson Reports Strong Quarterly Growth