CHICAGO (TheStreet) --
Incyte's experimental drug ruxolitinib significantly reduced the spleen size in patients with myelofibrosis compared to patients treated with best alternative care, according to results from a phase III study announced for the first time Saturday.
Based on these data and results from a previous phase III study conducted last year,
Incyte and its partner Novartis plan to seek regulatory approval of ruxolitinib later this quarter.
Myelofibrosisis is a disorder in which abnormal bone marrow stem cells produce scar tissue that replaces healthy marrow. Patients with myelofibrosis suffer from anemia and enlarged spleens. Approximately 3,500 people in the U.S. are diagnosed with myelofibrosis annually and about one-third of these patients develop acute myeloid leukemia or bone marrow failure.
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