Drugs

Roche-ImmunoGen to Start T-DM1 Trials

 

The T-DM1 data presented Saturday "are quite the validating statement for our technology," said ImmunoGen CEO Dan Janius. "A year from now, we could have T-DM1 on the market for an indication where there is no approved therapy today."

Roche is conducting already conducting a separate phase III study testing T-DM1 head-to-head against Glaxo's Tykerb in second-line breast cancer patients. A phase II study of T-DM1 compared to Herceptin in first-line breast cancer will have data ready for presentation at an upcoming medical meeting.

ImmunoGen shares closed Friday at $8.77.

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Adam Feuerstein writes regularly for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback; click here to send him an email.

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