ARASENS data sends Bayer shares and Nubeqa forecast upwards
German life sciences major Bayer (BAYN: DE) was trading nearly 2% higher on Friday afternoon after the presentation of positive data from the Phase III ARASENS trial of darolutamide (Nubeqa) in metastatic hormone-sensitive prostate cancer (mHSPC).
The results, presented at the at 2022 ASCO GU Cancers Symposium and published in The New England Journal of Medicine, showed that the use of darolutamide plus androgen deprivation therapy (ADT) and docetaxel significantly increased overall survival in patients with mHSPC compared to ADT plus docetaxel.
Darolutamide plus ADT and docetaxel significantly reduced the risk of death by 32.5% compared to ADT plus docetaxel.
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