Showing posts with label drug. Show all posts
Showing posts with label drug. Show all posts

Wednesday, 10 April 2013

Battle against cancer: Pfizer cancer drug wins special status


By Ransdell Pierson


U.S. regulators have granted a "breakthrough therapy" designation to an experimental Pfizer Inc treatment for breast cancer, lifting the company's shares and putting a spotlight on its growing cancer-drug portfolio.

Analysts from JPMorgan and Leerink Swann forecast the oral medicine, called palbociclib, could generate annual sales of $5 billion or more if it is approved for use against breast cancer as well as other types of cancer.