Incyte Corp.’s US approval of Pemazyre (pemigatinib) for a genetic subset of the rare bile duct cancer cholangiocarcinoma is a small economic opportunity, but one that could eventually lead to a broader label for the target fibroblast growth factor receptor 2 (FGFR2) inhibitor.
Incyte Approval In Subset Of Cholangiocarcinoma May Lead To Bigger Opportunities
Biotech hopes this initial approval will be followed by approvals of Pemazyre in bladder cancer, first-line cholangiocarcinoma and possibly even a tumor-agnostic indication for FGFR-mutated cancers.
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Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.
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