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dav1234

07/27/12 8:03 PM

#146157 RE: pcrutch #146155

Yup..let's see how market feels about it on Monday
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vinmantoo

07/28/12 1:04 AM

#146165 RE: pcrutch #146155

Just got back in and saw the Relistor the news. The whole thing is a bit surprising because when the PDUFA decision was delayed 3 months ago, the FDA said there wouldn't be the need for additional clinical trials. Obviously I am disappointed but we can't say the extent of the problem until we get more information from PGNX/SLXP, which should be after they discuss the CRL with the end review committee. For now you have to figure a $2-$3 drop, which could increase or decrease deeding on what answers are coming. One possibility is they want to see patients in the current trial on Relistor for a longer period.

I would add that what is really puzzling is the whole need for the long-term safety study came from issues with Entereg from the now defunct ADLR. The primary safety issue which sank Entereg was an increased occurrence of neoplasia. To my knowledge this has never been seen with Relistor. Oh well, patience is a virtue.
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turtlepower

07/30/12 7:13 PM

#146275 RE: pcrutch #146155

How good of a bottom fishing candidate is PGNX? Appears that the 50% selloff is due to the likelihood of oral relistor being affected as well.

Any beneficiaries from PGNX's misfortune? IRWD's linaclotide has a pdufa for chronic constipation (not OIC) in september. I assumed NKTR would see a small jump but both NKTR and IRWD have gone down today.