Stock Under $10 with 50-100% upside potential - 14 Days FREE!

ASCO '11: Exelixis Drug Shrinks Ovarian Cancer

Stock quotes in this article: EXEL, NKTR, ECYT, RHHBY.PK 

CHICAGO (TheStreet) -- Exelixis (EXEL) and investors have been focused on the development of cabozantinib in prostate cancer, but Saturday, research was presented showing the experimental drug's activity in ovarian cancer.

Treatment with cabozantinib led to objective response, or significant tumor shrinkage, in 24% of patients with metastatic ovarian cancer, according to results from a phase II study reported at the American Society of Clinical Oncology (ASCO) annual meeting.

Another 29% of cabozantinib-treated patients had tumors that stopped growing or had minimal shrinkage, leading to an overall disease control rate of 53%. The median duration of response in the study has not yet been reached.

Seventy ovarian cancer patients were enrolled in the phase II study of cabozantinib, which also included patients with other forms of cancer. About half of ovarian cancer patients were previously treated with platinum-based chemotherapy and included patients with advanced disease that was no longer responding to platinums.

Two of 11 patients, or 18%, of patients with platinum-refractory disease achieved a confirmed tumor response. Ten of 36 patients, or 28%, with platinum sensitive disease achieved a partial tumor response.

Two ovarian cancer patients died during the study for reasons that investigators deemed related to treatment with cabozantinib. Another 37% of patients had to have their doses of cabozantinib reduced because the drug was causing too many side effects, which included diarrhea and fatigue.

Exelixis plans further studies of cabozantinib in ovarian cancer but details have not yet been disclosed. The company is focusing most of its near-term efforts on developing the drug in prostate cancer.

Prostate cancer data from this same phase II study will be reported at the ASCO meeting on Monday afternoon.

Cabozantinib is garnering a lot of attention from Wall Street investors because of previously released data from this mid-stage study demonstrating the drug's ability to both shrink and stabilize tumors but also fully or partly eliminate cancer that had spread to bone in patients.

Cabozantinib is a targeted cancer drug that works by blocking two different molecular pathways that tumors use to grow.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs