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Biotech / Medical : biotech firesales

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To: Julius Wong who wrote (3548)	6/4/2018 1:01:54 PM
From: Miljenko Zuanic	Read Replies (1) of 3661

In light of the ASCO debacle/euphoric cases: my Q is what dictate those,... knowledge or luck (luck of knowledge)? In expansion cohort (first 15 subjects), NKTR-214/Nivo combo ORR data for Mel/mRCC (20%/33%) are far below what Nivo-mono historical data are. So, all been equal. hypothesis is 214 make Nivo efficacy WORSE and BMY spent $1.85B only to make MRK looks even BETTER (than already is)??? Well, if that is the case,... I am not one who should play investment games in bio-sector!

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