Please ensure Javascript is enabled for purposes of website accessibility

FDA Puts GlaxoSmithKline's Blood Cancer Drug In the Fast Lane

By Cory Renauer - Updated Jan 21, 2020 at 3:25PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Food and Drug Administration officially granted a priority review to the first of what could be many BCMA-targeted drugs.

GlaxoSmithKline's (GSK 1.32%) experimental new cancer drug, belantamab mafodotin, will receive a priority review from the U.S. Food and Drug Administration. The agency's recent decision means belantamab will probably become the first of several drugs to treat multiple myeloma by hitting the same target.

Multiple myeloma is cancer formed in the plasma cells. About 30,000 adults in the U.S. are diagnosed each year with this second-most common blood cancer after non-Hodgkin lymphoma.

First on the field

Belantamab mafodotin is a protein that delivers a single-serving package of chemotherapy to cells that have beta-cell maturation antigen (BCMA) on their surface. BCMA is found almost exclusively on the surfaces of older immune cells that probably should have retired already, which makes it a popular target for drug developers trying to come up with new multiple myeloma treatments.

Scientist reading a complicated report.

Image source: Getty Images.

A priority review means Glaxo will probably receive an approval decision for belantamab mafodotin this July if not earlier. While Glaxo's BCMA-targeted drug might be the first to reach multiple myeloma patients who need a new option, a handful of competitors in late-stage development could make belantamab's commercial launch especially challenging. 

About that MVP award

In a pivotal study, 31% of advanced-stage multiple myeloma patients treated with belantamab showed a response. That's impressive, but positive outcomes seem far more likely for this patient group following treatment with JNJ-4528, a BCMA-directed therapy from Johnson & Johnson (JNJ 1.32%) or idecabtagene vicleucel (ide-cel) from partners bluebird bio (BLUE 1.07%) and Bristol-Myers Squibb (BMY 1.55%)

Although JNJ-4528 and ide-cel are complicated cell-based therapies, they appear far more effective than belantamab. In December, Johnson & Johnson said all 29 patients treated with JNJ-4528 responded and 20 of them achieved complete remission. Bristol-Myers and bluebird reported four out of 12 heavily pretreated multiple myeloma patients given a high dose of ide-cel achieved complete remission.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

GlaxoSmithKline plc Stock Quote
GlaxoSmithKline plc
$45.11 (1.32%) $0.59
Johnson & Johnson Stock Quote
Johnson & Johnson
$179.31 (1.32%) $2.33
Bristol Myers Squibb Company Stock Quote
Bristol Myers Squibb Company
$77.37 (1.55%) $1.18
bluebird bio, Inc. Stock Quote
bluebird bio, Inc.
$3.31 (1.07%) $0.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/23/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.