Pfizer's (PFE) Talazoparib Emerges Superior In EMBRACA Study

 | Dec 10, 2017 10:36PM ET

Pfizer Inc. (NYSE:PFE) announced superiority of its breast cancer candidate – talazoparib – over chemotherapy in improving progression free survival (“PFS”) in a phase III study, EMBRACA.

Talazoparib is an investigation dual-mechanism poly ADP ribose polymerase (“PARP”) inhibitor. The company will present the data from the study at the 2017 San Antonio Breast Cancer Symposium.

Shares of Pfizer have gained 9.3% in the past six months, outperforming the industry ’s rise of 4.4% in that period.