Take a look at Curis (CRIS) today. They have had many positive indications with GDC-449 (Hedgehog inhibitor). However, when it came to a RANDOMIZED trial, the drug flunked the text, big-time. CRIS was down 50% today (and could very well happen with ARIA - I suggest PUTS against your positions FWIW)
Word to the wise to those here who claim Ridaforolimus is a sure thing because it had good data in a Phase 2 *UN-RANDOMIZED* trial.
All bets are off when you blind and randomize.
Which is why SUCCEED trial is nothing more than a 50/50 gamble.
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.