Ariad Pharmaceuticals: Significant Catalysts Approaching - trackseekingalpha

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Ariad Pharmaceuticals: Significant Catalysts Approaching
Aug 14, 2009 12:05 PM UTC

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Via Long Investment Ideas from Seeking Alpha:

In the coming weeks, Ariad Pharmaceuticals (ARIA) is expected to announce the first interim analysis for the Phase 3 trial for ridaforolimus (rida), an mTOR inhibitor therapeutic indicated for soft tissue and bone sarcomas – aggressive, less common cancers that attack healthy connective tissue.

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Based on my analysis of past outcomes from other successful cancer drugs, I am willing to wager that the Phase 3 results will confirm that rida is a safe and effective oral cancer treatment.

From all existing data, there is a high probability that rida will obtain FDA approval after initial review.

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