FDA Approves Novartis' Pluvicto As First Targeted Radioligand Therapy For Prostate Cancer

  • The FDA approved Novartis AG's NVS Pluvicto (lutetium Lu 177 vipivotide tetraxetan) to treat patients with a type of advanced prostate cancer that has spread to other parts of the body.
  • Pluvicto is a targeted radioligand therapy for adult patients who have already undergone other anticancer treatments.
  • The company said it had submitted marketing authorization for Pluvicto to the European Medicines Agency and other health authorities.
  • According to Novartis, two late-stage studies evaluating Pluvicto in earlier lines of treatment for metastatic prostate cancer are underway.
  • The approval is based on the Phase 3 VISION trial, which demonstrated that participants treated with Pluvicto plus SOC had a 38% reduction in the risk of death and a statistically significant reduction in radiographic disease progression or death.
  • About 30% of patients with evaluable disease at baseline demonstrated an overall response with Pluvicto plus SOC, compared to 2% in the SOC alone arm. 
  • Price Action: NVS shares are up 0.57% at $86.04 during the premarket session on the last check Thursday.
Loading...
Loading...
NVS Logo
NVSNovartis AG
$116.30-0.09%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
79.52
Growth
35.22
Quality
37.03
Value
23.72
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...