Pfizer says Sutent breast cancer trials fail

LOS ANGELES, March 11 (Reuters) – Pfizer Inc (PFE.N) said on Thursday that two late-stage breast cancer trials involving its cancer drug Sutent failed to meet their goals and it has stopped a pivotal lung cancer trial of experimental drug figitumumab.

Pfizer said outside monitors concluded that the Phase 3 trial of figitumumab in patients with previously treated advanced non-small cell lung cancer was unlikely to show that the drug was effective.

The world’s largest drugmaker is seeking new medicines as patents begin to expire on many of its top-selling products.

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