Bayer and Loxo to present data on TRK inhibitor, larotrectinib

10 October 2018

Germany’s Bayer (BAYN: DE) will present new data from the company's growing oncology portfolio at the 2018 congress of ESMO this year.

Among the research to be presented at the European Socety of Medical Oncology's annual meeting will be an expanded pivotal trial data set on an experimental TRK (tropomyosin receptor kinase) inhibitor, larotrectinib, in development for certain solid tumors.

Bayer bought into development of the drug late last year, in a deal with US biotech firm Loxo Oncology (Nasdaq: LOXO) that could be worth as much as $1.55 billion.

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