Marketing approval for Pfizer's first-in-class metastatic breast cancer treatment
The European Commission has today granted Marketing Authorisation for Pfizer’s (NYSE: PFE) first-in-class metastatic breast cancer treatment, but the company has expressed worries about getting the drug to patients in the UK.
The drug, Ibrance (palbociclib), is used in combination with endocrine therapy for the treatment of hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative locally advanced metastatic breast cancer. The approval was expected given that, in September, the European Medicines Agency’ advisory committee backed the drug.
Ibrance was granted Promising Innovative Medicine (PIM) designation by the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) in January 2015 and is an oral treatment for HR+/HER2- breast cancer, the most common subtype of metastatic breast cancer in women.
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