On Saturday, Pfizer Inc (NYSE:PFE) presented positive trial data for experimental drug designed for patients suffering from cancer cachexia during the European Society for Medical Oncology 2024 Congress. Affecting as many as 9 million people across the globe, cancer cachexia is a life-threatening condition that causes cancer patients to lose appetite and consequently, weight.
Paving The Way For The World’s First Treatment For Cancer Cachexia
The Trial
Catching up to Moderna Inc (NASDAQ:MRNA) and others on the cancer front.
It’s no secret that Pfizer has turned to oncology in an effort to combat the Covid-19 decline. To turn its business around, it targeted as many as 8 blockbuster cancer drugs by the end of this decade. One of its main Covid-19 rivals, Moderna is expected to launch its experimental cancer vaccine as early as next year.
The future of cancer treatment looks bright.
By the looks of it, years ahead seem promising when it comes to revolutionizing cancer treatment.
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