anonymous
Guest
anonymous
Guest
Please understand what this company is. They want to sell the company NOW. They will employ CSO sales reps keep expenses down keep capitalization HIGH. All this to be attractive to a suitor. No way anyone at this point beats Prolia or Forteo. Stock is at $50 with no revenue. Take this job only if you are unemployed or desperate. And no one will EVER see "target"
The Cambridge, MA-based biotech is hoping to beat out competition from Amgen ($AMGN) and its partner UCB for their experimental bone drug romosozumab (a.k.a. romo).
Back in March, romo--an antibody designed to block the protein sclerostin--achieved its Phase III BRIDGE study primary endpoint of increasing bone mineral density of lumbar spine at 12 months, when compared with placebo.
It also hit its secondary endpoints of bone mineral density increase of femoral neck and total hip at 12 months over placebo, and BMD increase of lumbar spine, femoral neck, and total hip at 6 months over placebo.
This came a month after the company posted generally positive results for the med in its FRAME study for women--although analysts were quick to note that the drug didn't perform as well as abaloparatide.
(Last paragraph......HMMMM...Radius =$$$$)