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Stock impact report

Deciphera Presses Forward Towards NDA Filing After Positive Data And Large Cash Raise [Seeking Alpha]

Deciphera Pharmaceuticals, Inc. (DCPH) 
Last deciphera pharmaceuticals, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: deciphera.com/investor-relations
Company Research Source: Seeking Alpha
Deciphera Presses Forward Towards NDA Filing After Positive Data And Large Cash Raise Summary Deciphera announced positive data from the phase 3 study using ripretinib to treat patients with fourth-line and fifth-line plus gastrointestinal stromal tumors. With the positive phase 3 data on hand for ripretinib, the biotech will be able to file a NDA to the FDA by Q1 of 2020. The next most advanced clinical product in the pipeline involves rebastinib, which is being explored in combination with paclitaxel and cisplatin in separate studies to treat patients with solid tumors. Deciphera had $225.4 million in cash as of June 30, 2019, but decided that it would take advantage of the instant rise in the stock price; enacted a public offering to raise $400 million to fund its pipeline. Deciphera Pharmaceuticals ( DCPH announced that it had achieved positive results in a phase 3 study Phase 3 Study Looks Good Enough To Move Towards FDA Approval The phase 3 study was known as INVICTUS. The study Show less Read more
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