Key Points• AML induction with liposomal daunorubicin (80 mg/m 2 per day for 3 days) shows antileukemic activity comparable to idarubicin (12 mg/m 2 per day for 3 days).• Liposomal daunorubicin promises to be more active in the t(8;21) subgroup and causes less treatment-related toxicity.Outcomes of patients with acute myeloid leukemia (AML) improve significantly by intensification of induction. To further intensify anthracycline dosage without increasing cardiotoxicity, we compared potentially less cardiotoxic liposomal daunorubicin (L-DNR) to idarubicin at a higher-than-equivalent dose (80 vs 12 mg/m 2 per day for 3 days) during induction. In the multicenter therapy-optimization trial AML-BFM 2004, 521 of 611 pediatric patients (85%) were randomly assigned to L-DNR or idarubicin induction. Five-year results in both treatment arms were similar (overall survival 76% 6 3% [L-DNR] vs 75% 6 3% [idarubicin], P logrank 5 .65; event-free survival [EFS] 59% 6 3% vs 53% 6 3%, P logrank 5 .25; cumulative incidence of relapse 29% 6 3% vs 31% 6 3%, P (Gray) 5 .75), as were EFS results for standard (72% 6 5% vs 68% 6 5%, P logrank 5 .47) and high-risk (51% 6 4% vs 46% 6 4%, P logrank 5 .45) patients. L-DNR resulted in significantly better probability of EFS in patients with t(8;21). Overall, treatment-related mortality was lower with L-DNR than idarubicin (2/257 vs 10/264 patients, P 5 .04). Grade 3/4 cardiotoxicity was rare after induction (4 L-DNR vs 5 idarubicin). Only 1 L-DNR and 3 idarubicin patients presented with subclinical or mild cardiomyopathy during follow-up. In conclusion, at the given dose, L-DNR has overall antileukemic activity comparable to idarubicin, promises to be more active in subgroups, and causes less treatment-related mortality. This trial was registered at www.clinicaltrials.gov as #NCT00111345. (Blood. 2013;122(1):37-43)