Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



FDA Puts GTx Drug for Cancer Patients on "Fast Track"

Small-cap cancer researcher GTx (NASDAQ: GTXI  ) announced Tuesday that the U.S. Food and Drug Administration has granted "fast track" development status to its enobosarm (GTx-024) drug for the prevention and treatment of muscle wasting in patients with non-small cell lung cancer.

Fast track status enables expedited development and regulatory review of test results for new drug candidates that target serious, currently untreated or insufficiently treated diseases. GTx said in a statement that the fast track designation gives it a greater chance of winning "priority review" for a New Drug Application for enobosarm. The company is currently conducting two phase III clinical trials of the drug, designated POWER 1 and POWER 2, testing its effects on patients suffering from stage III and IV non-small cell lung cancer.

The company says it expects to have top line data from these studies this summer.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2184817, ~/Articles/ArticleHandler.aspx, 9/30/2016 4:51:41 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
GTXI $0.78 Up +0.03 +4.40%
GTx CAPS Rating: **