Chemistfrog
Long only, growth, momentum, contrarian

Recent GBM Drug Failures Could Turn Large Pharma Attention To DelMar Pharmaceuticals

Genentech's June 2nd, 2013 announcement that its blockbuster drug, Avastin (bevacizumab), failed to prolong life in newly-diagnosed glioblastoma multiforme (GBM) patients was a sharp reminder of the severity of the disease and the real need for solid hope for patients battling the dreaded brain cancer. With U.S. incidence of 2 to 3 persons per 100,000 annually diagnosed with GBM, prognosis is currently poor with a median survival rate of 15 months and a 5 year survival rate of just 4%. Current treatment options are limited with U.S. approvals limited to Temozolomide, approved in 2005 for newly-diagnosed GBM; Avastin, approved in 2009 for recurrent and previously-treated GBM; Prolifeprosan 20 with Carmustine Implant, approved in 1997 as part of the initial treatment...

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