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Name | Symbol | Market | Type |
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Roche Holdings Ltd AG (QX) | USOTC:RHHBY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.57 | 1.95% | 29.83 | 29.78 | 29.86 | 30.08 | 29.715 | 30.04 | 4,829,456 | 21:22:28 |
By Colin Kellaher
Roche Holding AG's Genentech unit on Tuesday said the U.S. Food and Drug Administration granted breakthrough-therapy designation to tiragolumab in combination with the company's cancer drug Tecentriq in a form of lung cancer.
Genentech said the designation covers the first-line treatment of people with metastatic non-small cell lung cancer whose tumors have high PD-L1 expression with no EGFR or ALK genomic tumor aberrations.
The FDA's breakthrough-therapy designation aims to expedite the development and review of a drug for serious conditions when preliminary clinical evidence shows the drug may show substantial improvement over available therapies.
Genentech said tiragolumab, a novel cancer immunotherapy designed to bind to the human protein TIGIT, is the first anti-TIGIT molecule to receive the designation.
TIGIT and the PD-L1 protein play a role in the suppression of the immune system, and blocking both pathways simultaneously with tiragolumab and Tecentriq has the potential to increase anti-tumor activity by enhancing the body's immune response to cancer cells, the company said.
Genentech said a randomized Phase II study has shown encouraging efficacy and safety with the combination in people with PD-L1-positive metastatic non-small cell lung cancer.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 05, 2021 06:53 ET (11:53 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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