🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Roche's Gazyva Fails In Phase III B-cell Lymphoma Study

Published 07/18/2016, 06:42 AM
Updated 07/09/2023, 06:31 AM
ROG
-
GILD
-
PFE
-
JNJ
-
RHHBY
-

Roche Holding (SIX:ROG) AG (OTC:RHHBY) announced disappointing results from the phase III study, GOYA, on Gazyva for previously untreated diffuse large B-cell lymphoma (DLBCL).

The global phase III, open-label, multicenter, randomized, two-arm study examined the efficacy and safety of the combination of Gazyva and CHOP chemotherapy (G-CHOP) against Rituxan plus CHOP chemotherapy (R-CHOP).

The trial failed to meet the primary endpoint of a reduction in the risk of disease worsening or death (progression-free survival) compared to Rituxan plus R-CHOP. Adverse events were consistent in both arms.

ROCHE HLDG LTD Price and EPS Surprise

ROCHE HLDG LTD Price and EPS Surprise | ROCHE HLDG LTD Quote

The results were a setback for the company as previous trials had showed that Gazyva helped people with previously untreated follicular lymphoma or chronic lymphocytic leukemia live longer without their disease worsening, compared to Rituxan, when combined with chemotherapy.

Results were disappointing also because DLBCL is the most common subtype of non-Hodgkin lymphoma (NHL).

Gazyva is already approved in combination with chlorambucil for the treatment of previously untreated chronic lymphocytic leukemia. In Feb 2016, the FDA expanded the label of Gazyva in combination with bendamustine followed by Gazyva alone to include the treatment of follicular lymphoma in patients who did not respond to a Rituxan-containing regimen, or whose follicular lymphoma returned after such a treatment. Last month, it was approved as Gazyvaro in the EU for the same indication.

Roche’s hematology portfolio boasts approved drugs like MabThera/Rituxan, Gazyva/Gazyvaro, Tecentriq (atezolizumab) and Venclexta, as well as an encouraging pipeline comprising candidates like polatuzumab vedotin/RG7596 and a small-molecule antagonist of MDM2 (idasanutlin/RG7388).

Roche currently carries a Zacks Rank #2 (Buy). Other favorably placed stocks in the healthcare sector include Pfizer, Inc. (NYSE:PFE) , Johnson & Johnson (NYSE:JNJ) and Gilead Sciences (NASDAQ:GILD) . Each of these stocks carries the same rank as Roche.



ROCHE HLDG LTD (RHHBY): Free Stock Analysis Report

PFIZER INC (PFE): Free Stock Analysis Report

JOHNSON & JOHNS (JNJ): Free Stock Analysis Report

GILEAD SCIENCES (GILD): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.