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Biotech / Medical : biotech firesales

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To: IRWIN JAMES FRANKEL who wrote (3074)10/9/2013 10:25:23 AM
From: Biotech Jim  Read Replies (1) of 3661
 
I had some shares of ARIA, and I am not that clued in on the programs, nor on the cardiac events observed with Iclusiv. My question, one that could have been asked at the CC, is whether the events observed are mechanistic or not. If mechanistic on Tyrosine Kinase enzymes/receptors, then will the lowering of dose to 30mg or 15 mg get around perhaps some target that is more weakly inhibited than the oncology targets? I will listen to the CC later.

Perhaps Peter can weigh in?

I dumped most of my shares this morning. Obviously the 3 day buy rule should be in effect here. Market cap now around $800M?
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