Cincinnati.Com
NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help
Currently:
33°F
Partly Sunny
Weather | Traffic
The Enquirer
HOME
NEWS
ENTERTAINMENT
SPORTS
REDS
BENGALS
LOCAL GUIDE
MULTIMEDIA
ARCHIVES
SEARCH
 
 TODAY'S ENQUIRER 
 Front Page 
 Local News 
 Sports 
-- Business 
 Editorials 
 Tempo 
 Home Style 
 Travel 
 Health 
 Technology 
 Weather 
 Back Issues 
 Search 
 Subscribe 

 SPORTS 
 Bearcats 
 Bengals 
 High School 
 Reds 
 Xavier 

 VIEWPOINTS 
 Jim Borgman 
 Columnists 
 Readers' views 

 ENTERTAINMENT 
 Movies 
 Dining 
 Horoscopes 
 Lottery Results 
 Local Events 
 Video Games 

 CINCINNATI.COM 
 Giveaways 
 Maps/Directions 
 Send an E-Postcard 
 Coupons 
 Visitor's Guide 
 Web Directory 

 CLASSIFIEDS 
 Jobs 
 Cars 
 Homes 
 General 
 Place an ad 

 HELP 
 Feedback 
 Subscribe 
 Search 
 Newsroom Directory 



 
Friday, February 13, 2004

ImClone cancer drug wins approval



The Associated Press

WASHINGTON - Erbitux, the drug at the center of the Martha Stewart stock scandal, won government approval Thursday as a treatment for colorectal cancer patients who have run out of other options.

The Food and Drug Administration cautioned that Erbitux has not been shown to extend patients' lives. But in studies, it did shrink some patients' tumors and delay tumor growth, especially when used together with another common cancer drug.

Erbitux is one of a new class of cancer medicines designed to specifically target and disrupt certain molecules that spur tumor growth.

But it has gotten more attention on Wall Street than in hospitals because of the Stewart case.

Manufacturer ImClone Systems initially sought FDA approval in 2001. But the agency said the company's studies were so poorly done that scientists couldn't even evaluate whether Erbitux actually helped patients.

That rejection sent ImClone's stock plummeting. Chief executive Sam Waksal is in prison after pleading guilty to securities fraud for dumping his stock just before the news became public. Now his friend, Stewart, is on trial, accused of lying and securities fraud.



Erpenbeck prosecutors to go for maximum sentence
New 525 Vine tower owner has big plan
Safeway blames much of heavy loss on strike
Streamlining cited for Kendle profits
Key Bank crosses to Kentucky
Big cheese at Disney looking shaky
The Gerber Baby, now 77, writes murder mysteries
Stewart defense team on deck
ImClone cancer drug wins approval
United launches discount carrier
Tristate summary
Business People
Earnings
Business Digest

 

Latest Headline News
Updated Every 30 Minutes
BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


Cincinnati.Com
Search our site by keyword:  
Search also: News | Jobs | Homes | Cars | Classifieds | Obits | Coupons | Events | Dining
Movies/DVDs | Video Games | Hotels | Golf | Visitor's Guide | Maps/Directions | Yellow Pages

  CINCINNATI.COM  |  NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help


Search | Questions/help | News tips | Letters to the editors | Subscribe
Newspaper advertising | Web advertising | Place a classified | Circulation

Copyright 1995-2007. The Cincinnati Enquirer, a Gannett Co. Inc. newspaper.
Use of this site signifies agreement to terms of service updated 12/19/2002.