Keyword: Blueprint Medicines
The drug shrunk the tumors of most patients in the trial, raising hopes it can become a new treatment option for patients with RET-altered cancers.
Blueprint's data shows its BLU-667 caused some tumor shrinkage in 84% of patients with lung or thyroid cancer.
The deal will see Thermo Fisher validate and seek approval for a test to identify RET fusions in non-small cell lung cancer patients.
Here's a FierceBiotech Radio episode about the Battle of the Biotech Bands, ahead of the podcast's relaunch in 2018.
The rejig sees Alexion scrapping deals with Moderna Therapeutics, Blueprint Medicines and Arbutus Biopharma as it seeks to focus its R&D.
Blueprint Medicines has filed to raise $150 million to equip itself to take its phase 1 candidates deeper into development.