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Talon Therapeutics, Inc. Message Board

  • ilyak98 ilyak98 Feb 8, 2010 11:12 AM Flag

    Any update on conf. presentation ?

    Anybody heard the presentation ? anything new out of there?

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    • Nothing new. He makes a reasonable case for why Marquibo should be approvable - good efficacy and safety in 2nd relapse population and a history by the FDA of similar approvals (i.e. small single-agent studies in difficult-to-treat settings). But regardless of whether you believe the story, the company doesn't have the cash to get them to approval, which would be mid-next year. And since he offers hints of other funding mechanism (e.g. partnering Medadione or one of the other drugs), the only conclusion you are left with is a ultra-dilutive offering, so why would you buy it now. For those of us already long, you can only hope that they sell the company or partner something.

    • He bombed it. Someone in the audience noticed he had a raging boner and he got laughed off stage. imo

      Just joshin, I am also interested in what happened, major falloff midday today, prob was just pumpers hoping to earn a couple percent.