Based on an assessment from the independent Data Monitoring Committee (DMC) that a positive outcome is unlikely, Pfizer (PFE +4.1%) and Merck KGaA’s (OTCPK:MKGAY) EMD Serono have decided to terminate the Phase 3 JAVELIN study
evaluating the combination of Bavencio (avelumab) and standard-of-care
chemoradiotherapy (CRT) versus CRT alone in previously untreated
patients with locally advanced squamous cell carcinoma of the head and
neck.
The DMC believed that that the trial was unlikely
to demonstrate a statistically significant effect on progression-free
survival based on a preplanned interim analysis.
The anti-PD-L1 antibody is currently approved in the U.S. for kidney cancer, urothelial carcinoma and Merkel cell carcinoma.
https://seekingalpha.com/news/3551576-pfizer-and-emd-serono-bail-on-study-of-avelumab-in-head-and-neck-cancer
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