CytRx Corporation - ECC update: Aldoxorubicin trumps doxorubicin

Wednesday, Oct 02 2013 by

Oct 02nd 2013 - Edison Investment Research today published a report on CytRx Corporation entitled "ECC Update: Aldoxorubicin Trumps Doxorubicin". In summary, the report says:

New aldoxorubicin data suggest efficacy and safety advantages over doxorubicin in soft tissue sarcoma (STS) and glioblastoma (GBM). Based on detailed preclinical GBM data, the FDA (and physicians) have endorsed plans to start Phase II development in Q413. Separately, initial Phase IIb data in front-line STS raise hopes that aldoxorubicin will meet its primary PFS end point. Our rNPV is maintained at $152m or $5.00/share.




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