Kite Pharma shares soar after cancer therapy study shows good results
Kite study patients seem to be living longer, but median survival isn't yet known. But after CAR-T therapy last August, he saw his tumors "shrink like ice cubes" and is now in complete remission. That contrasts with Juno Therapeutics Inc., which has had a CAR-T study put on hold twice after five patient deaths due to this problem. It's also being tested for some other types of blood cancer. Patients in the study had one of three types of non-Hodgkin lymphoma, a blood cancer, and had failed all other treatments.Non-Hodgkin's lymphoma occurs when the body produces too many abnormal lymphocytes, a type of white blood cell. Kite Pharma Inc said on Tuesday its experimental CAR T-cell therapy, which helps the immune system fight cancer, was highly effective in treating aggressive non-Hodgkin's lymphoma, meeting the main goal of a key study. Jefferies analyst Biren Amin said he expected accelerated approval for the drug from the U.S. Food and Drug Administration by the end of 2017. But Juno said in November that five leukemia patients died due to severe brain swelling, raising concerns about its therapy. Kite, citing an interim data from a mid-stage trial, said in September that the experimental therapy was highly effective in treating aggressive non-Hodgkin's lymphoma, although two of the 62 trial patients died.
collected by :Lucy William
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