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Roche's breast cancer drug failed to improve survival in a key trial, spurring a drop in its stock.
Roche's shares dropped over 5% after its experimental breast cancer drug giredestrant failed to meet its primary goal in a late-stage trial when combined with Pfizer’s Ibrance as a first-line treatment for hormone receptor-positive, HER2-negative breast cancer.
The trial found no statistically significant improvement in progression-free survival compared to standard therapy, marking a setback for the drug’s development and reducing its projected market value.
While Roche maintains that giredestrant remains viable for later-stage use and other combinations, analysts view the outcome as a major blow to its oncology pipeline.
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El medicamento contra el cáncer de mama de Roche no logró mejorar la supervivencia en un ensayo clave, lo que provocó una caída en su stock.