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OncoGenex Pharmaceuticals, Inc. (OGXI) Down 9% on Disappointing Phase 3 ENSPIRIT Trial Results

Company: OncoGenex Pharmaceuticals, Inc. (OGXI)
Category: Stock Spotlights

OncoGenex Pharmaceuticals (NASDAQ: OGXI) shares slid more than 9% in Thursday’s mid-day trade following the company’s morning announcement that its phase 3 ENSPIRIT trial of custirsen in patients whose non-small cell lung cancer (NSCLC) did not meet the primary endpoint of demonstrating a statistically significant improvement in overall survival for patients treated with custirsen in combination with docetaxel compared to docetaxel alone.  Safety results were consistent with those observed in previous trials of custirsen in combination with chemotherapy.

To view the full press release, visit:  http://nnw.fm/X5x4V

About OncoGenex

OncoGenex is a biopharmaceutical company committed to the development and commercialization of new therapies that address treatment resistance in cancer patients. OncoGenex has a diverse oncology pipeline, with each product candidate having a distinct mechanism of action and representing a unique opportunity for cancer drug development. Apatorsen is in Phase 2 clinical development and OGX-225 is currently in pre-clinical development. More information is available at www.OncoGenex.com and at the company’s Twitter account:  https://twitter.com/OncoGenex_IR

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.NetworkNewsWire.com.

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