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Biotech / Medical : ArQule, Inc. (ARQL)
ARQL 20.000.0%Jan 16 4:00 PM EST

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To: tuck who wrote (538)9/5/2013 10:36:21 AM
From: tuck  Read Replies (2) of 545
 
And now they've had to lower the dose by 50% due to neutropenia. Considering it's early in the enrollment, they should not have more patients than they did in the P2 from which they derived the dose. While MET-high patients may not tolerate such AE's as well, it was those patients in which Tiva looked relatively good, so this is problematic, and not a good sign at all. Can Tiva hit MET hard enough at the new lower dose? Company probably has a bit of data from previous dose reduction in individuals, but investors do not.

Might be worth a bet on upcoming ESMO data, but odds of success in 2nd line HCC look rather low. Of course, readout is 3 years away, so the current punishment might be another trading op.

Cheers, Tuck
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