Much to the disappointment of the company, this morning (March 27), UK drugs watchdog the National Institute for Health and Clinical Excellence (NICE) said it does not recommend global drugs behemoth Pfizer’s (NYSE:PFE) Xalkori (crizotinib) for use on the National Health Service.
Crizotinib is the first of a new class of targeted therapy launched in the UK last year. While the NICE has acknowledged that crizotinib may offer eligible patients better outcomes compared to standard chemotherapy, it has provisionally rejected crizotinib because it does not consider the medicine to be cost-effective.
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