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New Leukemia Drug Works in Trial

Jan 26th 2014 at 10:33 PM

Pharmacyclics Inc said its cancer drug, Imbruvica, met its main goal of increasing patients' survival without their cancer worsening in a late-stage trial.
The company's stock rose 5 percent at $110.60 on Tuesday on the Nasdaq after the company said an independent safety committee recommended an early halt of the trial.

The drug was being tested in patients with chronic lymphocytic leukemia, a rare form of blood cancer that primarily affects people aged 65 and older.  https://plus.google.com/b/111826424331051091499/111826424331051091499/posts

Pharmacyclics said it informed the U.S. Food and Drug Administration of the committee's recommendations, while its partner, Johnson & Johnson unit Janssen had informed the European regulators.

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