There was a hint of positive news for German drug major Bayer (BAYN: DE), when the German Institute for Quality and Efficiency in Health Care (IQWiG) announced that, following an early benefit assessment under the Act on the Reform of the Market for Medicinal Products (AMNOG), it has concluded that the company’s cancer drug Stivarga (regorafenib) offers an added benefit over the appropriate comparator therapy specified by the Federal Joint Committee (G-BA).
According to the findings, there is a hint of a minor added benefit of regorafenib. Patients have a survival advantage, but certain severe side effects occur more frequently.
Stivarga was approved in the European Union last year for the treatment of adult patients with metastatic colorectal cancer (mCRC) who have previously been treated with, or are not considered candidates for, available therapies (The Pharma Letter August 30, 2013. The drug, which is was approved in the USA in 2012 and is still rolling out in markets, has been touted as having a blockbuster sales potential for Bayer.
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