Pfizer Inc. (PFE) said it entered into an agreement with DxS, a wholly owned subsidiary of QIAGEN N.V. (QGEN), to develop a companion diagnostic test kit for PF-04948568, an immunotherapy vaccine in development for the treatment of glioblastoma multiforme. Financial terms of the diagnostic agreement have not been disclosed.
Pfizer's investigational drug PF-04948568 is a peptide vaccine which targets the tumor-specific Epidermal Growth Factor Receptor variant III, a mutated form of the epidermal growth factor receptor that is only present in cancer cells and occurs in 25-40 percent of GBM tumors. The QIAGEN assay is designed to identify those patients whose tumors express the EGFRvIII mutation, allowing for the possibility of more targeted and personalized treatment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.