Pfizer said that it stopped the late-stage clinical trial on Thursday of apixaban a few months early because an independent data monitoring committee said that the study has “revealed clear evidence of a clinically important reduction in stroke and systemic embolism.”
The study tested the drug patients that would normally be considered unsuitable for the standard anti blood-clogging therapy of wayfarin, a drug known to cause hemorrhages and osteoporosis.
“This announcement is clearly a positive surprise,” said New York-based healthcare analyst Les Funtleyder of Miller Tabak & Co. in a research note to investors. Funtleyder said that a similar drug from Johnson and Johnson called Xarelto “was thought to be in the lead” in developing a market for a new class of anti clotting therapies, however apixaban’s recent success in clinical trials may allow it to “leapfrog” over its competitors and be the first to win regulatory approval.
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