Tesaro: Was That The Bottom? [Seeking Alpha]
TESARO (TSRO)
Last tesaro earnings: 11/1 04:05 pm
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US:NASDAQ Investor Relations:
ir.tesarobio.com/investor-relations
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Source: Seeking Alpha
Summary Oncology concern Tesaro had a big run up last week on buyout speculation and a positive analyst mention. Despite a ~20% rally on the week, the shares trade for roughly a third of where they went for a year ago. Is this the bottom and the beginning of an overdue rally? We take a look at that possibility in the paragraphs below. The only real escape from hell is to conquer it .” ? Scott Hawkins, The Library at Mount Char Today, we are going to revisit oncology ' Tier 3 ' concern Tesaro ( TSRO ). The stock was on the move this week due to buyout speculation linking it to Roche ( OTCQX:RHHBY ). Tesaro is currently collaborating Roche's business unit Genentech on a clinical study evaluating the combination of ZEJULA, TECENTRIQ and COTELLIC in patients with platinum-sensitive ovarian cancer. Tesaro also has a variety of other trials underway. Struggling With 'Tier 3' Status: Like most new Tier 3 biotech concerns, the initial
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