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Biotech / Medical : Genta, Inc. (GNTA) -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (1608)6/3/2002 1:30:16 PM
From: Captain Jack  Respond to of 1870
 
New 52 week low,,, w/o good news many more on the way,,, brokerages dropping it to 'hold'.. nice way of saying 'flush'.



To: bob zagorin who wrote (1608)6/3/2002 1:42:21 PM
From: Elmer  Read Replies (2) | Respond to of 1870
 
I don't get it. Why would Aventis SA make the investment in GNTA without having a high degree of confidence in the ongoing results of the PIII trials? They are open label. Now, according to the PR, Aventis wants a larger sample which will delay the results of the study.

Anybody agree with the Street.com that the expansion of the study suggests lack of efficacy or is it an expansion to get a larger sample to deal with a much more difficult FDA. After the BMY/IMCL fiasco, Aventis must have done extensive due diligence and talked to those running the trials about the results. This is too strange.