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Pfizer's blood cancer drug meets main goal in late-stage trial

PFE
Healthcare & BiotechCompany FundamentalsProduct Launches

Pfizer said Elrexfio met the main goal in a late-stage trial in patients who had received at least one prior line of treatment. The result is a positive clinical milestone for the blood cancer therapy and supports its development trajectory. The news is constructive for Pfizer but limited to a single program, so likely market impact is modest.

Analysis

Pfizer said Elrexfio met the main goal in a late-stage trial in patients who had received at least one prior line of treatment. The result is a positive clinical milestone for the blood cancer therapy and supports its development trajectory. The news is constructive for Pfizer but limited to a single program, so likely market impact is modest.

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moderately positive

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0.45

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