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Biotech / Medical : biotech firesales -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (1218)12/8/2006 2:18:53 PM
From: DewDiligence_on_SI  Respond to of 3661
 
How many more shots on goal…?

They’ve had a few shots at goal, but I’m not sure they’ve ever had a shot on goal.

:-)



To: tuck who wrote (1218)12/8/2006 2:48:30 PM
From: zeta1961  Read Replies (1) | Respond to of 3661
 
OMG, Tuck..I was surfing quickly and I thought I ran into an old GNTA post!...My goodness, like the guest that wouldn't leave-g-



To: tuck who wrote (1218)12/15/2006 7:34:35 PM
From: RockyBalboa  Respond to of 3661
 
FDA Rejects Genta Drug

By Althea Chang
TheStreet.com Staff Reporter
12/15/2006 10:59 AM EST
Click here for more stories by Althea Chang


Shares of drug developer Genta (GNTA - commentary - Cramer's Take - Rating) plummeted Friday after the company announced that regulators have deemed its proposed blood cancer treatment not approvable.
Genta sank 18.7% to 56 cents in morning trading. The company was seeking clearance from the Food and Drug Administration to market Genasense for treatment of chronic lymphocytic leukemia, in combination with chemotherapy.

We are keenly disappointed by this decision," said Genta's CEO, Dr. Raymond P. Warrell Jr. "We believe that Genasense has amply demonstrated its efficacy and safety in patients with relapsed and refractory CLL in a carefully designed and executed randomized clinical trial."

The company said that while it decides on its next steps with U.S. regulators, it will continue seeking approval of Genasense in other countries for patients who have advanced cancer.