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    • Loxo-Bayer cancer drug...

    Loxo-Bayer cancer drug gets priority review from FDA

    Written by Ruby Khatun Khatun Published On 2018-06-01T09:30:24+05:30  |  Updated On 16 Aug 2021 10:14 AM GMT

    Loxo Oncology and Bayer AG said the U.S. Food and Drug Administration granted priority review to their cancer drug and would decide on the marketing application by Nov. 26.


    The drug, larotrectinib, is being developed for a wide variety of tumors that share a rare mutation, and analysts expect annual sales to reach $500 million to $1 billion.


    Larotrectinib will now get a speedy review for adult and pediatric patients with locally advanced or metastatic solid tumors with a type of mutation called neurotrophic tyrosine receptor kinase (NTRK) gene fusion.


    Bayer plans to submit the European Union marketing application for the drug this year, Loxo said.





    (Reporting by Manas Mishra in Bengaluru; Editing by Sriraj Kalluvila)




    Bayer cancer drug FDA larotrectinib Loxo marketing application neurotrophic tyrosine receptor kinase priority review rare mutation U.S. Food and Drug Administration 
    Source : REUTERS

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