GlaxoSmithKline plc (ADR) (GSK), Sanofi SA (ADR) (SNY), Theravance Inc (THRX): This Week in Biotech

Finally, Bayer and Algeta received a once-in-a-blue-moon FDA approval for Xofigo (previously Radium-223 dichloride) to treat metastatic castration-resistant prostate cancer that’s spread to bones but no other organs because of surgical therapies aimed at lowering testosterone. The FDA approved Xofigo three months early and, in trials, extended PFS to 14 months, as compared with 11.2 months for the placebo.

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The article This Week in Biotech originally appeared on Fool.com and is written by Sean Williams.

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