RAC 0.28% $1.78 race oncology ltd

great summary. The oncology panel discussion highlighted Ariad...

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    great summary. The oncology panel discussion highlighted Ariad Pharma a smaller biotech that was denied then later granted BTD.

    They submitted based on P1 dose escalation n = 16 with 75% ORR but were told by FDA too early. Duration of response for R/R NSCLC was relevant.

    At a long shot perhaps the nature of CPACS maybe Race can submit BTD earlier. Being realistic P2 data might be required. If we get it at P1 that is perhaps a massive endorsement from the FDA.

    So what happened to Ariad Pharma after that?

    No less than $5.2b USD deal and it went quickly.

    https://hotcopper.com.au/data/attachments/6398/6398017-00cd4d14a6cad0edde6efef05addd303.jpg

    https://www.forbes.com/sites/antoinegara/2017/01/09/ariads-5-2-billion-sale-to-takeda-nets-260-million-windfall-for-hedge-fund/
 
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