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Stock impact report

FDA approves Amgen drug for lung cancer with specific mutation [Reuters]

Mirati Therapeutics, Inc. (MRTX) 
Last mirati therapeutics, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mirati.com/node/5806
Company Research Source: Reuters
known as KRAS whose disease has worsened after treatment with chemotherapy or other medicines. FILE PHOTO: Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo The drug, sotorasib, which will be sold under the brand name Lumakras, shrank tumors with the KRAS mutation in around 36% of patients in clinical trials. The medication is designed to target a gene mutation known as KRAS G12C that occurs in about 13% of non-small cell lung cancers (NSCLC), the most common type of lung cancer. Amgen estimates that around 25,000 U.S. patients a year will be eligible for the drug. The KRAS mutation is also found in 1% to 3% of colorectal and other cancers. Lumakras is part of a growing trend of precision medicines that target gene mutations driving cancer regardless of which organ the disease originated. “Today's approval represents a significant step towards a future where more pat Show less Read more
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