Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

FDA approves BeiGene's esophageal cancer drug TEVIMBRA

EditorNatashya Angelica
Published 2024-03-14, 05:26 p/m
Updated 2024-03-14, 05:26 p/m
© Reuters.

BASEL, Switzerland & BEIJING & CAMBRIDGE, Mass. - BeiGene (NASDAQ:BGNE), Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE (LON:SSE): 688235), an oncology-focused biotechnology company, today announced the U.S. Food and Drug Administration (FDA) approval of TEVIMBRA (tislelizumab-jsgr) for adults with unresectable or metastatic esophageal squamous cell carcinoma (ESCC) following prior systemic chemotherapy.

This marks the first U.S. indication for TEVIMBRA, which is expected to be available in the second half of 2024.

The FDA's decision is supported by the results of the RATIONALE 302 trial, a Phase 3 global study that met its primary endpoint by demonstrating a statistically significant improvement in overall survival for patients treated with TEVIMBRA compared to those receiving chemotherapy. The median overall survival was 8.6 months for the TEVIMBRA group versus 6.3 months for the chemotherapy group.

TEVIMBRA's safety profile was considered favorable, with the most common adverse reactions being metabolic and hematologic abnormalities, fatigue, musculoskeletal pain, and respiratory issues.

Dr. Mark Lanasa of BeiGene emphasized the significance of this approval for ESCC patients who have exhausted other treatment options and highlighted the ongoing review of TEVIMBRA for first-line ESCC treatment. Dr. Syma Iqbal, a specialist in gastrointestinal oncology, noted the clinical relevance of the survival benefit observed in the trial.

Esophageal cancer is among the top causes of cancer-related deaths globally, with ESCC being the most prevalent subtype. The increasing incidence of the disease underscores the urgent need for new therapies.

TEVIMBRA, a high-affinity PD-1 monoclonal antibody, is designed to enhance the body's immune response against tumors. The drug has also received approval in Europe for advanced or metastatic ESCC after prior chemotherapy and is under review for additional indications.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

BeiGene is conducting multiple clinical trials to potentially enable further registrations of TEVIMBRA across various tumor types and treatment settings. The company has highlighted the drug's potential to improve survival and quality of life for cancer patients worldwide.

This news article is based on a press release statement and does not include any independent verification of the data.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.