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MS webcast: SNDX reiterated 3Q18—(next 9 days)—completion of

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DewDiligence Member Level  Tuesday, 09/18/18 08:13:09 PM
Re: bladerunner1717 post# 219128
Post # of 239023 
MS webcast: SNDX reiterated 3Q18—(next 9 days)—completion of enrollment and release of PFS data in the phase-3 trial in HR+/HER2- breast cancer. (The unusual trial protocol requires that enrollment be completed prior to the DSMB’s releasing the PFS analysis.)

The HR for PFS has to be ≤0.67 for success, according to the company (#msg-142755004). This doesn’t seem like an unattainably tough threshold, but the modest enterprise value of ~$60M implies that the market expects failure.

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