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ChemoCentryx, Inc. Message Board

  • samjennings007 samjennings007 Sep 18, 2013 2:05 PM Flag

    Today's news = Neutral or Good, actually.

    Is basically neutral, or good. Not bad. Reason: The stock price is already adjusted to Vercirnon, as if it had no value. Personally, I believe it could still work. I'm not saying 90% likely, but at least 10-15% likely... as a ballpark guess. GKS giving rights to CCXI helps them, -alot-, if it does. And if it doesn't, it doesn't hurt their stock at all... because again the stock price is already adjusted as if Vercirnon didn't work. So, again, this means Vercirnon being given to them exclusively is actually a good thing, or at worst, a neutral thing.

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    • Basically I agree- market does not assign any value to Verci and it actually did work on some subset of patients. Probably not big enough worth attention of GKS.However, I just hope really soon some good news bwill be announced. So far nothing...Frankly, I'm surprised how stock trades at $6- it seems that the whole platform of drug discovery is compromised.

      • 1 Reply to kot882001
      • what the press release said is that the frequency of incidents was reduced... but that the incidents still happened. personally that hints to me (if i were their researcher) that they used the wrong dosage in the study. of course that's just conjecture... but if i were in charge, there, i would be making sure the study had been done properly. anyhow, i think it's just a matter of time before ccxi announces something good. bad luck can't last forever. :-)

 
CCXI
5.70+0.10(+1.79%)Jul 11 4:00 PMEDT

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