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Threshold Pharmaceuticals, Inc. (THLD) Pancreatic Cancer Drug Shows Promise
Threshold Pharmaceuticals, Inc. (THLD) stock is up again today after the company reported positive results related to their Pancreatic Cancer Drug, TH-302. Threshold Pharmaceuticals, Inc. (THLD) is higher by 20% to $4.20.
Threshold Pharmaceuticals Announces Positive Phase 2b Clinical Trial Results of TH-302 in Patients With Pancreatic Cancer
Threshold Pharmaceuticals, Inc. (NASDAQ: THLD)
Primary endpoint of Progression Free Survival was met with hazard ratio of 0.61 (p = 0.005).
The combination therapy was well tolerated with a safety profile consistent with prior studies.
Threshold Pharmaceuticals, Inc. (NASDAQ: THLD - News) today announced that its 214 patient randomized controlled Phase 2b clinical trial evaluating the efficacy and safety of two doses of the investigational agent TH-302 in combination with gemcitabine compared to gemcitabine alone in patients with first-line advanced pancreatic cancer achieved its primary endpoint, with a 63% improvement in progression free survival and a safety profile consistent with previous studies. "With the results of this trial, we are again very encouraged that TH-302 is conferring benefit to patients with aggressive and difficult to treat cancers," said Barry Selick, Ph.D., Chief Executive Officer of Threshold. "We look forward to its ongoing development with our partner Merck KGaA in this and other indications."
Tags: 2012, Cancer, Drug, Pancreatic, Pharmaceuticals, THLD, Threshold, th-302
Views: 3327
Replies to This Discussion
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Permalink Reply by Stocks To Buy on -
THLD $5.40 now - stock up 50%
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Permalink Reply by Stocks To Buy on
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Hit $6.65 right after the open....now back to $5.80
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Permalink Reply by Stocks To Buy on
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Back to $5, someone either got caught on margin and was forced to take a big loss or there is a stock offering coming. From $6.65 down to $5, wow!
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Permalink Reply by Stocks To Buy on
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THLD, watch for a break down and then a break up through the high of the day
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Permalink Reply by jiafeng zhang on -
will that be a good quick trade if THLD breaks up through the high of the day?
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Permalink Reply by Stocks To Buy on
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Yes, but now the move is over. Buying through the high of the day in any situation has a high success rate, as long as the stock has good volume.
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Permalink Reply by Stocks To Buy on
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THLD back above $6, screaming higher
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Permalink Reply by stocksshah on -
THLD with over 40% insider holding and institutions eager to have position seems squeezing new shorts.
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Permalink Reply by Stocks To Buy on
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THLD stock is back to $6.25 in pre market - resistance is up around $6.65
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Permalink Reply by Stocks To Buy on
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THLD is a strong buy on a pullback today....look for $5.60's or lower for a quick swing trade.
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Permalink Reply by Stocks To Buy on
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I was able to buy a bunch of THLD around $5.65-$5.67, sold half at $6.09, still holding the rest. Looking to reload again around $5.70 or so. I am only doing a medium sized trade and out of that, I am only doing 50% position because if it would go back to $5, I'd buy the other 50% position. These momentum stocks can be all over the place so you want to make sure you take some profits when they swing higher. THLD being a drug stock just piles on to the risks but they are a well managed company and appear to have a solid cancer drug that has been proven to work in phase 2 trials.
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