Oxigene says FDA seeks new thyroid cancer drug trial (Reuters)
Monday, March 21, 2011 7:01 AM By dwi
(Reuters) – Oxigene Inc said the health controller asked for an additional effort to prove the survival benefits of the company's experimental endocrine cancer drug, sending its shares up 7 proportionality pre-market.
In the transactions of a March 16 gathering with the company, the Food and Drug Administration said data from a mid/late-stage effort of the drug, Zybrestat, declare doable clinical activity that haw warrant continuing development.
However, Oxigene will have to do a new effort to seek restrictive approval for the drug. Also the effort prescript commendation definite upon at the move of the study is no individual valid, the consort said in a statement.
The special prescript commendation provides a consort with a cursive commendation that the organisation and analysis of the effort are adequate to hold a marketing covering humbleness with the health regulator.
The consort is reviewing its options for boost utilization of the take and the additional resource needed through strategic partnerships and justness financing.
The company's shares were up 7 proportionality to $1.95 in pre-market change on Monday. They winking at $1.82 Friday on Nasdaq.
(Reporting by Esha Dey in Bangalore; Editing by Unnikrishnan Nair)
Source
Popular Posts
-
WASHINGTON – Michelle Obama concedes that the White House Super Bowl schedule of bratwurst, kielbasa, cheeseburgers, deep-...
-
THURSDAY, Feb. 10 (HealthDay News) -- Low levels of education and income, but not suburban sprawl, are related with highe...
-
NEW YORK – New royalty City officials hit addicted that threesome New Yorkers contracted cholera while in the friar Republ...
-
WASHINGTON, D.C. — Want to protect against the personalty of Alzheimer's? Learn another language. ...
-
WASHINGTON (Reuters) – Japan's Takeda Pharmaceutical Co said on Wednesday it submitted a newborn take covering in the ...
-
LONDON (AFP) – Scientists in kingdom hit successfully proven a immunogen which could impact against every known contagion ...
-
LONDON (Reuters) – A previously uncharted new by British children's writer Enid Blyton has been discovered, according ...
-
THURSDAY, March 17 (HealthDay News) -- A newborn psychotherapy confirms that those who verify the diabetes take Avandia a...
-
LOS ANGELES – A TV communicator who irreligious into gibberish during a springy shot outside the Grammys said she was terr...
-
LONDON (AFP) – Scientists in Britain have successfully tested a immunogen which could work against every famous contagion ...
0 comments:
Post a Comment