Pfizer's mid-stage cancer drug data at ESMO 'intriguing', Guggenheim says
** Brokerage Guggenheim notes mid-stage data for Pfizer's PFE.N ponsegromab in cancer cachexia to be "intriguing"; says could lead to increased investor interest ahead of mid-stage data in heart failure expected next year
** PFE at the European Society for Medical Oncology (ESMO) presented data for the experimental drug which showed increase in body weight versus placebo in people with cancer cachexia, a condition common in cancer patients characterized by severe weight loss, muscle wasting, and fatigue
** Brokerage continues to be impressed by the data for Johnson & Johnson's JNJ.N TAR-200 in non-muscle invasive bladder cancer ahead of expected regulatory filing in 2025
** Says updates for Merck's MRK.N Keytruda show it continues to re-define the standard-of-care across various tumor types; adds little impact expected from Bristol Myers Squibb's BMY.N lung cancer data update
** Adds "relatively quiet" ESMO From AbbVie ABBV.N, but brokerage notes continued development of antibody drug conjugates, a class described as "guided-missile" cancer drugs
Reporting by Sriparna Roy in Bengaluru
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