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Stan Rogers Folk Festival 2024: 27 years of music and community | SaltWire #festival #music #ns - Pfizer said it expects its cancer drug Lorbrena to top $1 billion in annual sales by 2030 on the strength of data presented on Friday showing most patients treated for a rare form of advanced lung cancer in a clinical trial were alive without the disease worsening after five years.
"We believe this is a blockbuster opportunity for Pfizer," Chief Oncology Officer Chris Boshoff said in an interview. Boshoff said China would be a particularly important market for Lorbrena. While 4% of non-small cell lung cancer patients globally have ALK-positive tumors, up to 7% of patients in China do. NSCLC is the most common type of lung cancer.
Lorbrena, which won U.S. approval in March of 2021, had sales of $164 million in the first quarter of 2024, up 46% from a year earlier. The company expects double-digit growth to continue in coming quarters, Boshoff said.
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