After an Unfortunate Surprise, Can Onconova Bounce Back? Analyst Weighs In

It was a rough start to the week for Onconova Therapeutics (ONTX) to say the least. On Monday, the company announced that in the Phase 3 INSPIRE study of rigosertib in high-risk (HR) myelodysplastic syndromes (MDS), the candidate failed to meet both primary endpoints. Patients had been randomized to receive either IV rigosertib plus best supportive of care (BSC) or physician choice (PC) of therapy with BSC, with the data indicating that overall survival in the HR-MDS population was 6.4 months for the rigosertib arm and 6.3 months for the PC arm. It didn’t help that no statistical difference was …read more

Source:: Yahoo Finance

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