San Francisco – Tokai Pharmaceuticals is a case study in how not to do drug development.

A company, founded in 2004, with a novel prostate cancer drug has taken 10 years to make it to phase II drug development while competitors such as Medivation and Johnson & Johnson have brought similar new drugs to market in multiple prostate cancer indications.

At ASCO GU this week (Abstract 71), Tokai reported part 1 of their phase 2 ARMOR2 trial with reformulated galeterone (TOK-001) in men with prostate cancer at various stages of the disease in a poster.  Part 2 of the study will enrol 136 patients with a once daily dose of 2550 mg.

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