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Thursday, 04/28/2016 10:06:35 PM

Thursday, April 28, 2016 10:06:35 PM

Post# of 48316
Industry news: Bay Area cancer-fighting startup acquired for up to $10.2B in blockbuster deal

http://www.bizjournals.com/sanjose/blog/techflash/2016/04/bay-area-cancer-fighting-startup-acquired-for-up.html?ana=yahoo

I haven't done much research on the startup so I'll quote alcalde from another forum...

Such a high acquisition price, but what for? In a 79 patient Phase I clinical trial in Small Cell Lung Cancer (SCLC), 79 patients were treated with only 10 having a partial response and 9 having stable disease.

http://www.businessinsider.com/stemcentrx-acquired-by-abbvie-2016-4

ONCS' 41 patient Ph2B trial is being watched closely by big pharma, I am sure.