Today on Canada's Business Report... Biomira Calls Recent Cancer Vaccine Study A Good News Story
TORONTO, April 7 /CNW/ - On today's edition of Canada's Business Report, host Robert Graham speaks with Alex McPherson, President and CEO of Biomira Incorporated. They focus on the results of the latest study involving the BLP25 liposomal vaccine for people with non-small cell lung cancer.
McPherson says, "This particular trial had only 171 patients and the point of the exercise was to determine whether or not there was an indication that we should go further in clinical development. Given the small size of the trial, the results are really quite staggering."
McPherson says Biomira and its German partner in the project, Merck KgaA, are enthusiastic about the drugs' potential. He says, "We are going to look at the possibility of talking to regulatory authorities with respect to this trial, and there is a great likelihood that the regulatory authorities in Canada and the United States, and possibly in Europe, are going to ask us to do a further phase III trial, which will take us several years."
Executive produced by Canada NewsWire, Canada's Business Report is the most comprehensive daily business news program on radio in Canada. With a focus on the stock markets, investing strategies, corporate developments, and the health of our economy, the nationally syndicated half-hour program is heard Monday through Friday, live at 5:06 p.m. ET at newswire.ca and on the following stations.
ONTARIO
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