AstraZeneca (NASDAQ:AZN) AZN and partner Merck MRK announced that the FDA has accepted their supplemental new drug application (sNDA) seeking expanded use of PARP inhibitor Lynparza in breast cancer.
The sNDA is seeking approval of Lynparza as an adjuvant treatment of patients with BRCA-mutated (BRCAm) HER2-negative high-risk early breast cancer previously treated with chemotherapy either before or after surgery.
With the FDA granting priority review to AstraZeneca and Merck’s sNDA, a decision is expected in the first quarter of 2022
The sNDA for the expanded indication was based on data from the OlympiA phase III study. In the study, treatment with Lynparza reduced the risk of invasive breast cancer recurrence, second cancers or death by 42% versus placebo, thereby demonstrating statistically significant and clinically meaningful improvement in invasive disease-free survival (iDFS).
Lynparza is already approved for the treatment of germline BRCAm, HER2-negative, metastatic breast cancer previously treated with chemotherapy based on results from the OlympiAD Phase III trial.
An estimated 2.3 million patients were diagnosed with breast cancer in 2020. Around 91% of all breast cancer patients are diagnosed at an early stage of the disease. If Lynparza is approved for the early breast cancer indication, it can cater to a significantly expanded patient population.
This year so far, AstraZeneca’s shares have risen 9.7% while Merck’s shares have lost 7.5%. The industry has witnessed an increase of 12.9% in the said time frame.
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At present, Lynparza, is approved for four cancer types, ovarian, breast, prostate and pancreatic for various patient populations. It has been used to treat over 40,000 patients worldwide. Lynparza is also being evaluated in an earlier-line setting for the approved cancer indications as well as some other cancer types.
Lynparza is being jointly developed and commercialized by AstraZeneca and Merck. The drug generated product sales of $1.72 for AstraZeneca in the first nine months of 2021, and alliance revenues of $721 million for Merck.
Other PARP inhibitors available in the market include Glaxo’s GSK Zejula and Clovis Oncology (NASDAQ:CLVS)’s CLVS Rubraca and Pfizer’s Talzenna.
While Glaxo’s Zejula is approved only for an ovarian cancer indication, Clovis’ Rubraca is approved for BRCA mutated ovarian cancer and metastatic castrate-resistant prostate cancer indications.
A broad development program on Rubraca is currently underway across a variety of solid tumors. Clovis is looking to expand Rubraca’s label into additional cancer types like breast and gastroesophageal cancers, among others.
On the other hand, Glaxo’s Zejula is being evaluated for additional ovarian cancer stages as well as for non-small cell lung cancer and breast cancer
Both Merck and AstraZeneca have a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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