Unless there's a provisional approval I don't see how they can publish a report with the interim results. I thought that that interim results have to kept under wraps to maintain the integrity of the remainder of the Phase 3 trial. Isn't that the standard protocol as outlined by the FDA?
Enough of getting pushed around by the Presidential candidates and attention grabbers in Congress. Three or four of the top pharma CEOs need to come out and say that they will severely limit drug development if price caps are under consideration. Defend your industry or they will do their best to destroy it.
Pain should be over tomorrow with the congressional hearing. Nothing will come of that - that's the signal for the sector to go up again.
I'm going to party hard if Hillary gets indicted.
Despite what Barack would have you believe - this is not a dictatorship. Otherwise - a president would create a $0.50 per gallon price cap on gasoline during a re-election year.
All biotech CEOs are hunkered down in the corner like scared little girls. No one wants to be the first to make that big acquisition while the sector is tanking. What they don't seem to get is that one significant acquisition will propel the entire sector higher - including their own stock.
She charges $350K per speech and says that drug prices are too high? #$%$ hypocrite. Unlike her speeches, at least pharma drugs provide great benefit to society. May her health issues multiply until she's forced to end her campaign.
Plenty of other mid-stage bios down those kind of percentages. Look at JUNO, AGIO, KITE - they are crushing everything that doesn't make $$. But this will turn around shortly - IBB and XBI are in extreme oversold territory.
To me that's a huge plus. There will be no delay with the FDA decision. Now - think how much buzz this will get if the ADCOM vote is heavy skewed towards an approval recommendation.
Not currently a holder of the stock - but you all need to realize that doctors will continue prescribing what works. It will take a long time for another drug to make inroads.
Thanks as always for posting. It doesn't matter if it's hot, cold, sunny, raining, snowing, etc. - sales are still anemic. Madison has failed miserably - at some point he has to be held accountable.
Trump will win 40+ states - watch. Americans are sick of the last 8 years of liberal rule that have flushed this country down the toilet.