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PFE Pfizer Inc

25.6001
0.4701 (1.87%)
23 Nov 2024 - Closed
Delayed by 15 minutes
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
  0.4701 1.87% 25.6001 25.75 25.23 25.24 40,850,602 01:00:00

Pfizer, Genmab Get Speedy FDA Review of Tivdak Full Approval

09/01/2024 12:45pm

Dow Jones News


Pfizer (NYSE:PFE)
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By Colin Kellaher

 

Pfizer and Genmab on Tuesday said the U.S. Food and Drug Administration granted priority review to their request to convert the accelerated approval of Tivdak for certain patients with cervical cancer to full approval.

The companies said the FDA has set a target action date of May 9 for the application, which is based on positive results from a global Phase 3 study that showed overall survival benefit of Tivdak over chemotherapy in patients with recurrent or metastatic cervical cancer with disease progression on or after first-line therapy.

The FDA granted accelerated approval to Tivdak in September 2021.

Copenhagen biotechnology company Genmab and Seagen, which New York-based Pfizer acquired last year in a $43 billion deal, are co-developing Tivdak by Genmab and Seagen, under an agreement in which the companies share costs and profits for the product on a 50-50 basis.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 09, 2024 07:30 ET (12:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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