PGL 0.00% 43.5¢ prospa group limited.

lung cancer trial fails, page-16

  1. 498 Posts.
    Logic tells us that if it doesn't add anything to efficacy in combination, then the drug it is used in combination with is superior. In fact, there is no evidence (as seen in this latest trial) that PI-88 does anything to slow the development of lung cancer.

    This makes me very worried that the liver cancer "result" is just a statistical anomaly, and the Phase III trial will show that PI-88 is no better than placebo.

    If it doesn't work in lung, then I doubt the mechanism is sound for other tissues. Other drugs (such as Nexavar) have shown us this.

    Time is clearly running out for PI-88. I don't see any route to profitability, and there is an urgent need to advance their next-generation compound.
 
watchlist Created with Sketch. Add PGL (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
0.000(0.00%)
Mkt cap ! $71.64M
Open High Low Value Volume
43.5¢ 43.5¢ 43.5¢ $619.6K 1.424M

Buyers (Bids)

No. Vol. Price($)
2 213388 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 108496 4
View Market Depth
Last trade - 15.40pm 24/06/2024 (20 minute delay) ?
PGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.