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Biotech / Medical : Sugen (SUGN)

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To: Phillipa who started this subject6/6/2004 11:19:40 AM
From: scaram(o)uche   of 550
 
Pfizer cancer drug shows promise in early trial
Sunday June 6, 11:04 am ET

NEW YORK, June 6 (Reuters) - Pfizer Inc. (NYSE:PFE - News) on Sunday released early data showing an experimental drug shows promise in kidney cancer and in a rare gastrointestinal cancer.

The company's drug, known as SU11248, was tested in 63 patients with the most common form of kidney cancer. It showed tumors stopped growing in 37 percent of patients and shrank in 30 percent of patients.

The most common standard of care in kidney cancer that has spread is treatment with one or two agents called cytokines, which typically shrink tumors in 5 percent to 15 percent of patients.

The company also tested the drug in patients with metastatic gastrointestinal stromal tumor, a rare type of cancer that arises mainly in the stomach and small bowel.

Of 98 patients tested, 52 percent saw their tumors stop growing and 11 percent saw them shrink.

"These are still early data but we are encouraged by what we are seeing, particularly in renal cancer, and are encouraged to continue additional trials," said Bill Slichenmyer, Pfizer's vice president for oncology drug development.

The drug inhibits a target called KiT, which is the same target addressed by Novartis AG's (NOVN.VX) drug Gleevec, which is the most advanced drug available for gastrointestinal stromal tumor and chronic myeloid leukemia.

It also blocks a protein known as VEGF, which is involved with the formation of blood vessels that feed tumors. And it acts on two other targets as well.

The drug is one of a group of drugs in development that hit multiple targets and come in the form of pills instead of being delivered by infusion.
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