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Stock impact report

Deciphera shares skyrocket as cancer drug improves progression-free survival [Reuters (UK)]

Blueprint Medicines Corporation (BPMC) 
Last blueprint medicines corporation earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: blueprintmedicines.com
Company Research Source: Reuters
Deciphera shares skyrocket as cancer drug improves progression-free survival - Reuters 3 Min Read (Reuters) - Deciphera Pharmaceuticals Inc’s shares more than doubled on Tuesday after the drugmaker said its late-stage study met the main goal of helping stomach cancer patients live longer without their disease worsening. The study tested the treatment, ripretinib, against placebo in 129 patients with advanced gastrointestinal stromal tumors (GIST), a rare cancer affecting the digestive tract, who had received at least 3 prior therapies. Ripretinib demonstrated a median progression-free survival rate of 6.3 months compared with a month in case of placebo, the company said, adding that the drug significantly reduced the risk of disease progression or death by 85%. According to the American Cancer Society, more than 11,000 Americans will die from stomach cancer in 2019. Chief Executive Officer Steven Hoerter said the drug’s effectiveness and safety profile differentiates it from competiti Show less Read more
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