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ONXX Onyx Pharmaceuticals, Inc. (MM)

124.70
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Onyx Pharmaceuticals, Inc. (MM) NASDAQ:ONXX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 124.70 0 01:00:00

Bayer Seeks US, EU Approval for Nexavar to Treat Thyroid Cancer

01/07/2013 8:29am

Dow Jones News


Onyx Pharmaceuticals, Inc. (MM) (NASDAQ:ONXX)
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Bayer AG (BAYN.XE) said Monday it is seeking approval from the U.S. and the E.U. to use its drug Nexavar to treat thyroid cancer.

MAIN FACTS:

-Nexavar, also known as sorafenib, is an oral drug developed and marketed by Bayer HealthCare and Onyx Pharmaceuticals Inc. (ONXX).

-The companies have applied to the U.S. Food & Drug Administration and the European Medicines Agency to use the drug to treat localized, advanced thyroid cancer or metastasis.

-"Especially for patients in the advanced stage, treatment options are lacking or very limited," Bayer's head of global development Dr. Kemal Malik said.

-Nexavar is already approved to treat liver cell cancer and advanced kidney cancer, Bayer said.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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