Pfizer, Inc. (PFE: Quote) said the Committee for Human Medicinal Products, or CHMP, of the European Medicines Agency has adopted a positive opinion regarding the marketing authorization of axitinib in the European Union for the treatment of adult patients with advanced renal cell carcinoma, a type of advanced kidney cancer, after failure of prior treatment with sunitinib or a cytokine.
Axitinib, a kinase inhibitor, is an oral therapy that was designed to selectively inhibit tyrosine kinases, including vascular endothelial growth factor receptors 1, 2 and 3, which are receptors that can influence tumor growth, vascular angiogenesis, and progression of cancer.
Pfizer stated that the CHMP's positive opinion will be reviewed by the European Commission, which has the authority to approve medicines for the European Union. The company anticipates a decision from the Commission in the coming months.
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by RTT Staff Writer
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