InvestorsHub Logo
Post# of 252564
Next 10
Followers 82
Posts 4778
Boards Moderated 0
Alias Born 02/27/2007

Re: JJM760 post# 119589

Saturday, 05/07/2011 9:44:32 PM

Saturday, May 07, 2011 9:44:32 PM

Post# of 252564

I have been wondering for a while why it has taken so long for Ariad to get the 113 trial started.



They've never explained this, but my assumption is that they are waiting for a long-term animal tox study. Given they started talking about this drug so long ago, I think it must have been a financing issue that delayed it - if only they had abandoned their stupid patent suit they would have saved more than enough to pay for it.

Peter

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.