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  • investingnideas investingnideas Jan 28, 2013 3:41 PM Flag

    Is Zerenex a problem for AFFY?

    " Results of Zerenex's Phase 3 trial showed the oral treatment not only was successful in lowering phosphate levels in patients with end-stage kidney disease but that it also reduced the use of intravenous iron by 52%. Roughly 70% to 80% of dialysis patients currently receive iron intravenously, the company said.

    The results also showed a 27% decline in the use of erythropoiesis-stimulating agents--which stimulate the bone marrow to produce red blood cells. "

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    Sentiment: Strong Buy

 
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