RE: Crunch time22 Apr 2025 00:10
"we sold the holding in avacta as recent clinical data of its targeted oncology drug (a tumourreleased form of the longstanding chemotherapy drug doxorubicin) was underwhelming. while the better safety profile versus the existing standard of care was as predicted, this counts for very little if the efficacy falls below what was desired. "
For me it’s hard to come up with a different conclusion. We are all just hoping that P1b results turn the tide yes i know it’s phase 1 safety and tolerability trial (which in itself is crazy given the way the mechanism is designed, and is proven, to work) but unless P1b shows it shows marked efficacy in most of the patients, then this will plummet