| Delcath Systems' Cancer Study Results Reveal Huge Potential Douglas Estadt submits: Delcath Systems, Inc. (DCTH) is a medical technology company specializing in cancer treatment, with its initial focus on the treatment of primary and metastatic liver cancers. DCTH recently presented at the American Society of Clinical Oncology ((ASCO)) Annual Meeting and results were very positive. Please see this exclusive video of Eric Whitman, MD., a highly regarded surgical oncologist who specializes in melanoma and is Director of the Atlantic Melanoma Center. Dr. Whitman attended the American Society of Clinical Oncology’s Annual Meeting, where he took special note of a presentation on Delcath’s PHP study. Dr. Whitman stresses that PHP has proven to be clinically effective. The PHP System treatment developed by DCTH has caused the survival rate to triple for cancer patients with melanoma that has spread to their liver. The exact numbers shown are 398 days vs. 124 with the best alternative care. There were significant factors we think were overlooked or misunderstood in Monday's market action, including: The fact that the survival rate tripled for cancer patients treated with PHP (Percutaneous Hepatic Perfusion).The latest data was even better than the initial press release from April. The hepatic PFS (primary endpoint) was 245 days in the PHP arm and 49 days in the BAC (best alternative care) arm.The estimate for peak annual U.S. sales is $745 million if the PHP System is approved by the FDA for the treatment of patients with Melanoma that has spread to the liver. Sales could potentially increase to $5.6 billion if this treatment is used in primary liver cancer as well as metastases from other types of cancer. There is just huge potential for Delcath’s PHP system. Also, there is the possibility for large “off-label” use. And if expectations play out accordingly, then the possibility for Delcath’s PHP system to be used for many other cancer treatments in the future also holds great potential.Disclosure: position in DCTHComplete Story » seekingalpha.com |
No Age Limit on Picky Eating Medical researchers are beginning to turn their attention to adult picky eaters, whose diets can be limited to a handful of foods. online.wsj.com |
Abbott Eyes India for Shot in Arm India's market leader in medicines will soon be based near Lake Michigan. Abbott will hold the biggest share of India's pharmaceuticals market when the company closes its $3.7 billion takeover of the drugs business of Piramal Healthcare. online.wsj.com |
Arena’s Lorcaserin: What Now? Rockford Coscia submits:What a brutal week for Arena Pharmaceuticals (ARNA).Lorcaserin began the week looking pretty; going into a panel with the lowest side effect profile, most thorough clinical trials, and efficacy meeting guidance (albeit by a ‘slim margin’).Complete Story » seekingalpha.com |
Pfizer Loses in Court ... Again Pharmalot submits: The Nevada Supreme Court has upheld a $58 million judgment that was awarded to three Nevada women, who claimed they suffered breast cancer after taking the Prempro hormone replacement therapy made by Wyeth, which is now owned by Pfizer (PFE). The ruling confirms a 2007 decision in favor of Arlene Rowatt, Jeraldine Scofield and Pamela Forrester, who were originally awarded $134 million, but that was later reduced by the trial judge (back story here and here). Forrester and Rowatt, however, have reportedly since passed away.In explaining the 6-0 decision, Justice Michael Cherry wrote noted that studies dating back to the 1980s found links between breast cancer and the drug. Yet, he wrote, “internal Wyeth documents show that it responded to studies suggesting a possible breast cancer risk by downplaying the risk through public relations campaigns and its sales representatives’ interactions with physicians” (read the ruling here).Complete Story » seekingalpha.com |