Pfizer Poised To PROSPER From Xtandi In Expanded Indication

Pfizer needed good news from the Phase III PROSPER trial testing Xtandi in non-metastatic prostate cancer patients to show investors the Medivation deal was worth the cost. It got what it was hoping for.

Prostate cancer blue ribbon_1200x675

Positive Phase III data on the prostate cancer drug Xtandi (enzalutamide) in an expanded indication will take some of the edge off at Pfizer Inc., where the brand's near-term growth prospects fizzled right after the expensive acquisition of Medivation Inc.

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