Investors unmoved with TRACON Pharma's TRC105 in mid-stage liver cancer study; shares down 7% [Seeking Alpha]
TRACON Pharmaceuticals, Inc. (TCON)
Last tracon pharmaceuticals, inc. earnings: 2/27 04:03 pm
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Source: Seeking Alpha
Investors unmoved with TRACON Pharma's TRC105 in mid-stage liver cancer study; shares down 7%Preliminary results from an ongoing Phase 1b/2 clinical trial assessing TRACON Pharmaceuticals' (TCON-6.6%) lead candidate TRC105, combined with Bayer's NEXAVAR (sorafenib), in patients with advanced hepatocellular carcinoma (HCC) demonstrated a treatment effect compared to NEXAVAR alone. The data were presented at the ASCO-GI Symposium in San Francisco.Partial responses were observed in 25% (n=2/8) of patients while 38% (n=3/8) showed at least a 50% reduction in an HCC tumor marker called alpha fetoprotein (AFP).Investors appear disappointed with the results, possibly by the low number of data points thus far.Results from a pivotalPhase 3 study supporting Bayer's marketing application showed 143 HCC patients treated with NEXAVAR experienced median overall survival (OS) of 10.7 months and median progression-free survival (PFS) of 5.5 months, the co-primary endpoints. There was a 2.3% partial r
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News
- TRACON to Report First Quarter 2024 Financial Results and Provide Corporate Update on May 14, 2024GlobeNewswire
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- TRACON Pharmaceuticals Announces Reverse Stock SplitGlobeNewswire
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) had its price target lowered by analysts at HC Wainwright from $6.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
TCON
Earnings
- 3/5/24 - Beat
TCON
Sec Filings
- 4/12/24 - Form S-1
- 4/12/24 - Form 8-K
- 4/12/24 - Form 424B5
- TCON's page on the SEC website