Biotech Values

[poorgradstudent]

I've never trusted ONXX, especially when they initially were reporting the BAY results in kidney cancer based on 25% or more shrinkage. First they had 37 of 89 patients show at least a 25% decrease. Then they kind came clean and said 13 of the 89 had 50% shrinkage by 12 weeks... which was again ambiguous because they never stated if the initial responses were verified by a follow-up scan that the objective response criteria demands. Now they come clean and state that they had 8 patients who experienced partial responses by WHO criteria, but the press release is vague as to whether or not it is 8 out of the 202 advanced kidney cancer patients, or 8 out of the whole 502 enrolled.

It's taking a beating.