Cora Schlesinger
Growth, contrarian, long only

GTx Inc.: Recent Market Action

GTx: Enobosarm trials

GTx Inc. (NASDAQ:GTXI) is a Memphis-based microcap biopharmaceutical company that has a large pipeline of Selective Androgen Response Modifiers (SARMs), which are androgen (male hormone) analogues. GTx has just completed two Phase III (P3) clinical trials of its lead drug, enobosarm, called POWER 1 and POWER 2. A "data lock" was placed in May, allowing the data to be analyzed. The two primary endpoints of the enobosarm POWER trials were to stabilize or improve lean body muscle (LBM) wasting (sarcopenia); and physical function (strength), in patients with advanced, Stage 3/4, non-small cell lung cancer (NSCLC). Muscle loss occurs very early in the cancer process, and, in fact, it is broken down preferentially over fat,...

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