InvestorsHub Logo
Post# of 252711
Next 10
Followers 834
Posts 120143
Boards Moderated 17
Alias Born 09/05/2002

Re: ghmm post# 208930

Tuesday, 02/27/2018 11:34:13 AM

Tuesday, February 27, 2018 11:34:13 AM

Post# of 252711
SRRA inks unusual drug-supply agreement with JNJ:

https://finance.yahoo.com/news/sierra-oncology-janssen-sign-supply-120000629.html

Sierra Oncology, Inc…today announced the signing of a clinical supply agreement with Janssen Research & Development, LLC. (Janssen) for access to TESARO's ZEJULA (niraparib)… Sierra intends to evaluate its Chk1 inhibitor, SRA737, in combination with niraparib in patients with metastatic castration-resistant prostate cancer (mCRPC).

In other words, JNJ is furnishing TSRO’s Zejula to SRRA at a (greatly) reduced price. JNJ, who is conducting its own combination trials with Zejula, presumably has an interest in seeing the results of SRRA’s trial. SRRA is nevertheless down 7% today.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.