NKTR-214 is absolutely worth the price BMY is paying, IMO. Anecdotal info from the Opdivo/NKTR-214 sarcoma IST has some patients with Stage-IV disease obtaining long-lasting responses. NKTR has cited this trial as a possible quick path to FDA approval due to the unmet medical need in sarcoma.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”