Abstract: The invention relates to the field of biology and medicine, in particular to suppression of the growth of malignant tumors.The object of the present invention is to find more effective and less toxic drugs for suppression of tumor growth.The essence of the proposed invention is that in order to suppress tumor growth, a drug consisting of a biogenic reductant and a complex of cobalt or iron with substituted phthalocyanines (I) or naphthalocyanines (II) is used. ##STR1## where R.dbd.COONa, SO.sub.3 Na, CH.sub.2 C.sub.5 H.sub.5 N.sup..sym. Cl.sup.-, CH.sub.2 (NH.sub.2).sub.2 S.sup..sym. CCl.sup.-.Use of the proposed drug makes it possible to suppress effectively the growth of a wide range of malignant tumors, in particular to achieve the suppression of proliferation of cancer cells (in vitro), inhibition of the growth of tumors in mice (in vivo) and a substantial increase in their life-span, including that obtained in comparison with use of the prototype.