Privately-held Steba Biotech says it has completed PCM301, its European Phase III clinical trial of Tookad (padeliporfin di-potassium), a novel investigational treatment for localized prostate cancer and other solid tumors.
PCM301 is the first prospective randomized controlled trial evaluating the efficacy and safety of a focal therapy in prostate cancer. The data will be presented at the upcoming European Association of Urology scientific meeting in March.
Based on these results, Luxembourg-based Steba Biotech on January 7, 2016, submitted a Marketing Authorization Application to the European Medicine Agency requesting approval of Tookad for the treatment of localized prostate cancer.
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