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Biotech / Medical : 2021 Biotech Stock Picking Charity Contest

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From: technetium11/6/2021 4:18:05 PM
   of 307
 
Deciphera Pharma Stock Plunges After Disappointing Trial Results (DCPH)

finance.yahoo.com

Fails primary endpoint in Phase III trials in patients with gastrointestinal stromal tumor (GIST) previously treated with imatinib. No better than standard of care.

I like this quote from the CEO:

‘“While we are disappointed with these results, which we learned yesterday, we believe this was a robust, well-designed, and well-executed study," said Steve Hoerter, president and CEO of Deciphera.‘

Many CEO’s would spin it as a failure in the analysis or the selection of patients.
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