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			 The U.S. drugmaker said on Monday the study, Checkmate-025, was 
			stopped early after an independent data monitoring committee 
			concluded that Opdivo provided a survival advantage over the cancer 
			drug, everolimus, among patients with advanced or metastatic renal 
			cell carcinoma. 
			 
			Expectations that the trial would be stopped early were high, 
			Evercore ISI Mark Schoenebaum said, given the effectiveness of 
			Opdivo in mid-stage studies, the limited benefit of everolimus, and 
			that renal cell cancer has historically responded well to 
			immunologic therapies. 
			 
			The trial was expected to be completed by February 2016, according 
			to clinicaltrials.gov. 
			  
			
			  
			 
			Renal cell carcinoma is the most common type of kidney cancer in 
			adults, accounting for more than 100,000 deaths annually. Globally, 
			the five-year survival rate for those diagnosed with metastatic, or 
			advanced kidney cancer, is 12.1 percent, according to Bristol-Myers. 
			 
			In April, a large trial testing Opdivo was stopped early after the 
			drug was found effective against the most common form of lung 
			cancer. 
			 
			Opdivo, already in use to treat advanced melanoma and forms of lung 
			cancer, belongs to a highly promising new class of medicines called 
			PD-1 inhibitors that block a mechanism tumors use to hide from the 
			immune system. 
			 
			The drug competes with Merck & Co's Keytruda. 
			
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			AstraZeneca Plc, Pfizer Inc and other drugmakers are also developing 
			PD-1 inhibitors, or similar drugs known as PD-L1 inhibitors. 
			 
			Separately, smaller drugmaker Exelixis Inc said late-stage data 
			showed that its cancer drug, Cometriq, was more effective than 
			everolimus in improving survival without the disease progressing in 
			patients with advanced kidney cancer. 
			 
			Bristol's shares rose about 2 percent to $70.45 in early trading. 
			 
			(Reporting by Natalie Grover in Bengaluru; Editing by Sriraj 
			Kalluvila) 
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