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Biotech / Medical : InterMune (nasdaq)ITMN -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (434)1/9/2009 9:08:47 PM
From: rkrw  Read Replies (3) | Respond to of 508
 
On the other hand they have pivotal data for pirfenidone due any day, could they be massaging the downside?



To: scaram(o)uche who wrote (434)1/9/2009 10:45:50 PM
From: ghmm  Respond to of 508
 
They CC stopping the actimmune IPF trial but that was Phase 3. Don't recall a CC for the actimmune GRACES (Ovarian Cancer) that was Phase 3 too.

EDIT: I just rechecked the INSPIRE failure call was actually mid March to announce restructuring and the like so the call wasn't to announce results they were released a few weeks earlier.

I don't see how the trial can fail. At worst the data is mediocre perhaps there is a surprise with something (the INFORM study, animal tox issue, etc.) but I think they just want to get it out.

My guess is the data is a bit better then what Telapervir has shown but nothing to make people go crazy. And Yeah I've wondered if the day are good after an initial pop if it will start being sold again. Just want to get Pirfenidone data out and move on with life :).