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PRO articles cover stocks that fly under most investors' radar screens.
Sunesis Pharmaceuticals, Inc. Craters On Negative VALOR Data. Stock Is Now A Terminal Short
- Yesterday, shares of Sunesis Pharmaceuticals plunged by 78% after its flagship cancer drug failed to meet its primary endpoint in a Phase 3 trial.
- The company still plans on filing for regulatory approval in the EU.
- Following this seminal event, investors need to ask the following question: Is there any value left in this beaten down biotech?
Sunesis Pharmaceuticals, Inc. Offers A Moderate Risk 80% Return On The Short Side
- Sunesis Pharmaceuticals is nearing a binary event with the top-line data readout of its Phase 3 Valor trial that is expected any day now.
- Three indicators strongly suggest the pivotal trial is doomed to fail or produce a marginal benefit, at best.
- Although Sunesis has other clinical candidates, 80% or more of its present valuation is tied to Valor's success, based on how the stock has moved since the interim data analysis.
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