GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Consumer Research

German drug assessment body not convinced by Bayer’s cancer drug Vitrakvi, Consumer

globalresearchsyndicate by globalresearchsyndicate
January 17, 2020
in Consumer Research
0
German drug assessment body not convinced by Bayer’s cancer drug Vitrakvi, Consumer
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Thu, Jan 16, 2020 – 11:49 PM

[FRANKFURT] Germany’s drug assessment body said that data provided by Bayer on its precision cancer drug Vitrakvi did not provide clear enough evidence of benefits, in a setback to the drugmaker in its home market.

Bayer’s Vitrakvi won European approval in September, the first drug in Europe to tackle tumours based on a rare genetic mutation regardless of where in the body the disease started.

Bayer has said it expected annual peak sales of more than 750 million euros (S$1.12 billion) from the drug. It needs a boost as many analysts regard the group’s drug development pipeline as too thin to make up for an expected decline in revenues from its two bestsellers from about 2024.

IQWiG – an independent authority that evaluates new drugs and plays an advisory role over what price German health services pay for them – in particular criticised the fact that the clinical trials lacked a comparative group that did not receive Vitrakvi.

“In the future we need reliable comparable data for a benefit assessment of therapies across tumour types,” IQWiG said on its website late on Wednesday.

Stay updated with
BT newsletters

A Bayer spokeswoman said the genetic profile that Vitrakvi was targeting was too rare to allow for a control group.

The genetic change in question, known as NTRK gene fusion, occurs only in about 0.5 per cent to 1 per cent of patients with solid tumours.

IQWiG has been critical for years about insufficient trial data on new drugs, rejecting some pivotal studies that had convinced the European Medicines Agency (EMA) to approve a drug.

EMA, for its part, has said it was swayed in favour of Vitrakvi by trials involving 102 patients that showed that the drug reduced the size of tumours in 67 per cent of cases, and by the speed of tumour shrinkage.

Germany is the largest European pharmaceuticals market and the fourth biggest globally. Still, it has only slightly more than 10 per cent the size of the US market, where Vitrakvi was approved in late 2018.

REUTERS

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Shoppers say this $9.99 product ‘works better than any expensive eye cream’

Shoppers say this $9.99 product 'works better than any expensive eye cream'

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com