Mon, Dec 29, 2014, 6:19 AM EST - U.S. Markets open in 3 hrs 11 mins

Recent

% | $
Quotes you view appear here for quick access.

OncoGenex Pharmaceuticals, Inc. Message Board

  • mr_ssssamsa mr_ssssamsa Nov 8, 2012 10:58 PM Flag

    SYNERGY enrollment completed, stock drops to $12

    It seems a little strange that a company with a cancer drug that's completed enrollment in a P3 trial and has started two other P3 trials, and with another drug that's shown promise in P1 and P2 trials and is also in or about to begin other randomized P2 trials, has a market cap of under $180 million. Is it because it's under the radar, or because people think that since the drugs are antisense the trials will fail, or because they think even if SYNERGY succeeds 011 will struggle when competing with newer drugs that don't need to be combined with chemo? (I think Jevtana's success and other evidence shows that chemo isn't going away.)

    Hard to say, but now we're up against the "fiscal cliff" that's likely to rattle the markets until a "grand bargain" (that will probably involve unnecessary cuts to Social Security and Medicare) is struck. I don't know what it will take to wake up this stock. Maybe just the approach of the release of SYNERGY data -- estimated for around the end of 2013 -- will do it. Or maybe there will be a positive development out of left field, such as an announcement that Teva is funding a new trial or that J&J will help fund the 427/Zytiga trial, but that seems unlikely.

    I hate this new Yahoo format, which seems to be discouraging people from posting. Obviously Marissa Mayer has never posted on a Yahoo board.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
OGXI
2.20+0.10(+4.76%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
V.F. Corporation
NYSEFri, Dec 26, 2014 4:02 PM EST
58.com Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST