real-time news and commentary for investors
Friday, Oct 19
2012, 3:30 PM
Ziopharm Oncology (ZIOP -6.2%) drops following a blog report in Forbes.com that accuses the...
Ziopharm Oncology (ZIOP -6.2%) drops following a blog report in Forbes.com that accuses the company of failing to disclose an FDA warning letter. The blogger, an investor short on the stock, says the FDA admonished a clinical investigator hired by ZIOP for multiple violations in a mid-stage study of Palifosfamide, its investigational cancer drug. The study in question has since advanced into a late-stage trial with results expected before 2013.