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Replies to #66339 on Biotech Values
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DewDiligence

06/17/09 12:52 AM

#79636 RE: ghmm #66339

Infergen whiffs in phase-3 HCV trial despite the PR’s saying the trial was “positive” in the header. The SVR rate on an ITT basis was 11% in the high-dose arm and 7% in the low-dose arm, which are hardly results to boast about even in the second-line setting. Of course, the PR talks as much as possible about subset data:

http://finance.yahoo.com/news/Three-Rivers-Announces-prnews-15534025.html

Infergen (a/k/a/ consensus interferon) is a drug that no one seems to want (for good reason, IMO). AMGN licensed it to ITMN in 2001; ITMN then sold it to VRX who sold it to Three Rvers Pharma, the current owner.