The real issue for YM is that once the Incyte drug is approved, then going up against a placebo in their Ph III is likely off the table.
If they have to go head-to-head then they are faced with the murkiness of a non-inferiority trial and in addition they will probably have to pay the (doubtless obscene) price that INCY will be charging for ruxolitinib for the patients in the comparator arm.
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.