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  • ONXX Did Not Suffer A Trial Failure

    It's outrageous that the more or less popular sites such as Wall Street Cheat Sheet do not excercise more care when choosing a title for their articles -

    Title: "Cancer drug Nexavar from Bayer and Onyx fails in a late-stage combo trial"

    The reality of the situation, quoted from the Article:

    "Nexavar treatment for liver cancer, which is made jointly by Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) and Bayer A.G.(BAYZF.PK), was used in combination with Tarceva, but the pairing failed to improve survival rates compared with Nexavar on its own in a Phase III trial."

    Nexavar + Tarceva = Nexavar, how'd Nexavar fail?

    Disclosure: I am long ONXX.

    Tags: ONXX, Pharma, Biotech
    Jul 25 2:33 AM | Link | Comment!
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