OncoGenex sinks, sees prostate potential after custirsen failure

OncoGenex Pharmaceuticals shares fell 60.3% after the company and its partner Teva Pharmaceutical Industries revealed that custirsen did not significantly improve survival versus chemotherapy for prostate cancer patients enrolled in the Phase III SYNERGY clinical trial.

OncoGenex Pharmaceuticals shares fell 60.3% after the company and its partner Teva Pharmaceutical Industries revealed that custirsen did not significantly improve survival versus chemotherapy for prostate cancer patients enrolled in the Phase III SYNERGY clinical trial.

Bothell, Washington-based OncoGenex closed at $3.85 per share on 28 April versus $9.70 before the weekend. The company shed $86.1m...

More from Cardiovascular

More from Therapy Areas

Bayer Bags First Global Okay For Hot Flashes Therapy

 
• By 

Lynkuet will compete with Astellas's Veozah/Veoza

Glenmark Chief On IGI’s Landmark Trispecific Deal: Strong Data Excited AbbVie

 

Glenmark’s managing director talks about IGI’s billion dollar-plus deal with AbbVie, ISB-2001’s striking data, the BEAT platform, other "exciting" pipeline assets and the "blood, sweat and tears" to get to this stage.

AbbVie Licenses IGI’s ISB 2001 In Second Myeloma Trispecific Deal For 2025

 

IGI CEO Cyril Konto said in an interview that his company picked AbbVie for its agility, drug development acumen and expertise in areas like intellectual property and legal affairs.