Of the first 30 patients treated with MDV3100, 13 showed declines of more than 50 percent in the levels of chemicals in the blood that indicate the presence of the cancer.
However, the tests are only in phase 1 and 2, where drugs are checked for safety, side effects and early indications of effectiveness. The drug still faces a larger phase 3 tests of effectiveness before it can be proposed for use.
The preliminary findings, by a team led by Charles L. Sawyers of Memorial Sloan-Kettering Cancer Center in New York, are reported in Friday's edition of the journal Science.
Dr Sawyer said the results so far were 'very impressive' and could eventually lead to the disease being eliminated.
The treatment is for prostate cancer that has spread to other areas of the body.
Men with these cancers are often treated with drugs that inhibit the activity of male hormones, which can drive tumour growth. But tumours can become resistant to those drugs.
The new drug binds to receptors for the male hormones and increases the body's ability to fight cancerous cells, the researchers report.
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