This might help...
http://investing.reuters.co.uk/inves...ALTH-GLAXO.xmlLONDON (Reuters) - GlaxoSmithKline expects to have four key cancer drugs in final-stage clinical trials next year, it said on Wednesday.
Europe's biggest drug maker said the four drugs -- Tykerb, formerly known as lapatinib, eltrombopag, casopitant and pazopanib -- all held promise for fighting tumours or helping patients overcome the side-effects of chemotherapy.
Until now, oncology has been a small area for Glaxo but the group believes new products will make it a major player in the fast-growing world of cancer medicine.
It will give further details on compounds in development to analysts and investors at an Oncology and Supportive Care seminar in New York at 2:30 p.m.
Cancer currently accounts for a modest 1 billion pounds or 5 percent of Glaxo's group sales, mostly due to anti-nausea drug Zofran, which is given to chemotherapy patients.
New drugs in development promise to change that, although it will not happen overnight, and industry analysts believe many of the products in development will not have a significant impact on profits until after 2010.
One of the biggest new drug hopes is eltrombopag, a treatment for low levels of platelets in the blood, which Glaxo said had produced good results in Phase II clinical tests in patients with idiopathic thrombocytopaenia purpura (ITP). Glaxo expects to file the drug for regulatory approval by the end of 2006 or in 2007.
Analysts at Merrill Lynch believe eltrombopag could eventually become a $2.8 billion-a-year seller, provided it is shown to work in patients undergoing chemotherapy.
Glaxo (GSK.L:
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New data showed the drug's potential in shrinking tumours in patients with advanced breast cancer and fighting brain metastases, although the product had mixed results in kidney cancer.
Glaxo intends to file for U.S. approval of Tykerb at the end of 2006 or in the first half of 2007.
Shares in Glaxo, which fell 5 percent earlier this month on fears tougher U.S. regulations would hit sales of its top-selling asthma drug Advair, pared earlier losses to stand 1.1 percent down on the day at 14.33 pounds by 1:25 p.m. in a weaker London market.