Date: 29-Jul-2019

Bayer in frame to win first EU nod for high-precision cancer drug

Europes drug regulator has recommended approving Bayers Vitrakvi, putting the medicine on track to become the first in Europe to tackle tumours with a specific genetic mutation regardless of where in the body the disease started. The drug is being recommended for adults and children with difficult to treat forms of cancer that are driven by a rare genetic mutation known as NTRK gene fusion, the European Medicines Agency (EMA) said on Friday. The European Commission has the final word on drug approvals but it generally follows EMAs recommendation within a couple of months. The EMA endorsement marks a boost for the German companys drug development pipeline, which many analysts regard as too thin to make up for an expected decline in revenues from its two pharma bestsellers from about 2024.