Loxo Oncology: Out Of The Frying Pan And Into The Fire, Part 1 [Seeking Alpha]
LOXO ONCOLOGY (LOXO)
Last loxo oncology earnings: 11/8 06:45 am
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US:NASDAQ Investor Relations:
ir.loxooncology.com
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Source: Seeking Alpha
Loxo Oncology: Out Of The Frying Pan And Into The Fire, Part 1SummaryLoxo Oncology has broken ground in oncology, pioneering the basket clinical trial to evaluate drugs based on a cancer's genetic profile, along the way generating enormous returns for investors.With a probable Larotrectinib approval upcoming in November, and an expected LOXO-292 regulatory submission in late-2019, Loxo is on the verge of transitioning from clinical R&D to full-blown commercialization.Loxo is squared away to approve a targeted therapy before the infrastructure exists to affordably and reliably screen patients that are eligible for treatment at scale.It has been 14 months since we have seen updated clinical data on larotrectinib. Durability of responses presented in October at ESMO will be key to de-risking the larotrectinib franchise.In part two of this two-part series I will dive deeper into Loxo's business operations to explore how the company is positioned to transition to a commercial-stage biotech
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