Erbitux data could gin extra $350M in sales

Yesterday's announcement that Erbitux and chemotherapy proved effective in boosting survival in a late-stage trial for head and neck cancer could lead to a big boost in income for ImClone and Bristol-Myers Squibb. One analyst pegged the value of an additional approval as a first-line therapy for head and neck cancer at $350 million in annual sales. One of the keys to a successful added indication, though, will come when Erbitux is compared to a combination of chemotherapy and radiation, which is the standard therapy today.

- read the report on Erbitux from The Boston Globe

Related Articles:
Erbitux approved for head and neck cancers. Report
Analysts raise doubts on Erbitux ruling. Report
ImClone touts survival rate in Erbitux cancer trial. Report

Suggested Articles

Bausch Health is paying $10 million upfront for the option to acquire Allegro Ophthalmics’ eye disease assets, with a promise of $40 million to come.

Anthony Coyle, Ph.D., has signed up to run Repertoire Immune Medicines’ R&D.

The IPO haul will set Kronos up to start a registrational phase 2/3 trial of a first-line AML drug licensed from Bischofberger's former employer.