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Biotech / Medical : Biotech Short Candidates -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (638)3/19/2004 6:20:38 PM
From: tuck  Read Replies (1) | Respond to of 897
 
Times still tough for the BSCP, but a couple of positions are getting near a little profit. One is CHIR:

>>8:32AM Chiron discontinues Tezacitabine program based on analysis of Phase II results (CHIR) 46.85: Co announces that it has decided to discontinue further development of tezacitabine, a next-generation nucleoside analog, based on an analysis of the data from a Phase II trial in patients with gastroesophageal cancer. The compound did not demonstrate sufficient antitumor activity in the trial to satisfy Chiron's predetermined criteria to advance the program. The company had previously announced that it had concluded Phase II development of tezacitabine in patients with colorectal cancer. "Data from the Phase II trial failed to meet Chiron's threshold for moving the program forward."<<

Any suggestions? OSIP?

Cheers, Tuck