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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pfizer Inc | NYSE:PFE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.1097 | 0.40% | 27.8097 | 27.905 | 27.52 | 27.86 | 45,382,575 | 21:25:14 |
Pfizer Inc. on Wednesday said a late-stage study of its Ibrance breast-cancer drug in combination with fulvestrant was stopped early after meeting its primary endpoint of demonstrating improvement in progression-free survival.
The pharmaceutical company said the decision to halt the study was based on an assessment by an independent data-monitoring committee.
Shares of Pfizer, up 17% over the past year, rose 1.8% in premarket trading.
Ibrance, also known as palbociclib, received accelerated approval from the U.S. Food and Drug Administration in February as a first-line treatment for women with a certain type of advanced or metastatic breast cancer.
Pfizer said it is in discussions with health regulators regarding a path for approval of Ibrance in combination with fulvestrant.
Write to Tess Stynes at tess.stynes@wsj.com
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