Noxopharm Announces New Research Showing Veyonda® Cancer Survival Rates

SYDNEY--(BUSINESS WIRE)--Australian clinical-stage drug development company Noxopharm is pleased to announce peer-reviewed publication of research showing that in late-stage prostate cancer patients who have exhausted all standard treatment options, a combination of ¹⁷⁷Lu-PSMA-617 and Veyonda^® is both safe and delivered promising efficacy outcomes, among them a median overall survival of 17.1 months. The independent authors noted that the median overall survival in a study conducted in a comparable patient population (exhausted all standard treatment options; progressive disease) receiving standard chemotherapy was only 4.5 months.

“This is excellent news for Noxopharm and adds to the growing evidence that Veyonda^® has the means to become a standard of care drug in late-stage prostate cancer,” said Noxopharm Executive Chairman and CEO Graham Kelly. “¹⁷⁷Lu-PSMA-617 therapy is attracting considerable international attention as a promising therapy for men with Stage 4 prostate cancer. It was the subject of a $6 billion series of acquisitions by Novartis in 2018 and we anticipate it becoming a commercially available drug in 2021. We see this publication making a solid case for a combination of Veyonda^® and ¹⁷⁷Lu-PSMA-617 becoming a standard treatment option in late-stage prostate cancer, particularly given that the combination was well-tolerated, even in patients with advanced disease and very limited survival prospects.”

The publishing journal, European Urology Oncology, is the first official publication of the European Association of Urology that is fully devoted to the study of genitourinary cancer. The publication has been peer-reviewed by a panel of experts in the field. The authors are renowned medical experts from the Kinghorn Cancer Centre, St Vincent’s Hospital Sydney, Garvan Institute of Medical Research, Monash University, Sir Peter MacCallum Department of Oncology (Melbourne University), and Princess Margaret Cancer Centre, Toronto.

Read the article here: https://euoncology.europeanurology.com/article/S2588-9311(20)30093-6/fulltext

About Noxopharm

Noxopharm Limited (ASX:NOX) is an Australian clinical-stage drug development company focused on treating cancer with Veyonda^®, its lead drug candidate. Noxopharm also has an active R&D program for additional drug candidates and is the major shareholder of U.S. biotechnology company Nyrada Inc. (ASX:NYR).