We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Roche Tecentriq-Avastin Combo Gets FDA Nod for Liver Cancer
Read MoreHide Full Article
Roche (RHHBY - Free Report) announced that the FDA has approved its cancer immunotherapy regimen, Tecentriq plus Avastin for the treatment of patients with unresectable hepatocellular carcinoma (“HCC”) who have not received prior systemic therapy. The application was based on the results of the phase III IMbrave150 study.
Data from the study had shown that treatment of patients with Tecentriq combo regimen in the IMbrave150 study reduced the risk of death and risk of disease worsening or death by 42% and 41%, respectively, compared to patients treated with Bayer’s (BAYRY - Free Report) liver cancer drug, Nexavar.
Hepatocellular carcinoma, the most common form of liver cancer, is an aggressive disease as more than 750,000 people worldwide are diagnosed with it every year. The label expansion in the promising HCC space will boost sales of the drug.
Tecentriq is approved in the United States and the EU either alone or in combination with targeted therapies and/or chemotherapies in various forms of non-small cell and small cell lung cancer, certain types of metastatic urothelial cancer, and PD-L1-positive metastatic triple-negative breast cancer. Roche has an extensive development program for Tecentriq, including multiple ongoing and planned phase III studies across several types of lung, genitourinary, skin, breast, gastrointestinal, gynecological, and head and neck cancers.The program includes studies evaluating the drug as monotherapy as well as in combination with other drugs.
Roche’s shares have increased 7.7% in the past year against the industry's 1.7% decline.
While the uptake of Tecentriq has been strong, it is currently facing stiff competition from immuno-oncology therapies like Merck’s (MRK - Free Report) Keytruda and Bristol-Myers’ (BMY - Free Report) Opdivo in various indications. These two drugs are already approved for liver cancer.
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Image: Bigstock
Roche Tecentriq-Avastin Combo Gets FDA Nod for Liver Cancer
Roche (RHHBY - Free Report) announced that the FDA has approved its cancer immunotherapy regimen, Tecentriq plus Avastin for the treatment of patients with unresectable hepatocellular carcinoma (“HCC”) who have not received prior systemic therapy. The application was based on the results of the phase III IMbrave150 study.
Data from the study had shown that treatment of patients with Tecentriq combo regimen in the IMbrave150 study reduced the risk of death and risk of disease worsening or death by 42% and 41%, respectively, compared to patients treated with Bayer’s (BAYRY - Free Report) liver cancer drug, Nexavar.
Hepatocellular carcinoma, the most common form of liver cancer, is an aggressive disease as more than 750,000 people worldwide are diagnosed with it every year. The label expansion in the promising HCC space will boost sales of the drug.
Tecentriq is approved in the United States and the EU either alone or in combination with targeted therapies and/or chemotherapies in various forms of non-small cell and small cell lung cancer, certain types of metastatic urothelial cancer, and PD-L1-positive metastatic triple-negative breast cancer. Roche has an extensive development program for Tecentriq, including multiple ongoing and planned phase III studies across several types of lung, genitourinary, skin, breast, gastrointestinal, gynecological, and head and neck cancers.The program includes studies evaluating the drug as monotherapy as well as in combination with other drugs.
Roche’s shares have increased 7.7% in the past year against the industry's 1.7% decline.
While the uptake of Tecentriq has been strong, it is currently facing stiff competition from immuno-oncology therapies like Merck’s (MRK - Free Report) Keytruda and Bristol-Myers’ (BMY - Free Report) Opdivo in various indications. These two drugs are already approved for liver cancer.
Roche Holding AG Price
Roche Holding AG price | Roche Holding AG Quote
Zacks Rank
Roche currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>