Clinical Studies, Trials Results, Appointments, and Technical Updates - Analyst Notes on Ohr, Ariad, Arrowhead, CytRx and Karyopharm Therapeutics
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ohr Pharmaceutical, Inc. (NASDAQ: OHRP), Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), Arrowhead Research Corp. (NASDAQ: ARWR), CytRx Corporation (NASDAQ: CYTR) and Karyopharm Therapeutics, Inc. (NASDAQ: KPTI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4203-100free.
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Ohr Pharmaceutical, Inc. Analyst Notes
On June 24, 2014, Ohr Pharmaceutical, Inc. (Ohr) announced positive top-line interim results for its double-masked, placebo-controlled Phase II clinical trial of Squalamine eye drops in patients with wet age-related macular degeneration (wet AMD). According to the Company, patients that were treated with Squalamine eye drops plus Lucentis® PRN demonstrated a 65% additional relative benefit in visual acuity versus placebo eye drops plus Lucentis PRN. Ohr President and CEO, Dr. Irach B. Taraporewala, said, "The data further validate not only the clinical utility of non-invasive topical eye drop therapies for macular and retinal disorders, but also the soundness of our company's drug development science, and our proprietary formulation technologies that enable topical dosing to achieve positive therapeutic effects in back-of-the-eye disorders." The Company stated that it plans to present the full data from this interim analysis in H2 2014, and final clinical trial data is expected in Q1 2015. The full analyst notes on Ohr are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/OHRP/report.pdf
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Ariad Pharmaceuticals Inc. Analyst Notes
On June 23, 2014, Ariad Pharmaceuticals Inc. (Ariad) announced that the Company has appointed Timothy Maines as Vice President, Quality; Yan Moore, M.D. as Vice President, Medical Affairs; and Piet A.M Vervaet, M.D. as Vice President, Drug Safety and Pharmacovigilance. Commenting on the appointments, Ariad Chairman and CEO, Harvey J. Berger, M.D., stated, "As we continue to strengthen our oncology business in the United States and Europe, the recruitment of these three executives to our management team demonstrates our commitment to building a highly successful commercial oncology business. They exemplify our core values and bring many years of highly relevant experience to ARIAD in areas of fundamental importance to the Company. I am pleased to welcome Tim, Yan and Piet to ARIAD and look forward to their important contributions to our business." The full analyst notes on Ariad are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/ARIA/report.pdf
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Arrowhead Research Corp. Analyst Notes
On June 24, 2014, Arrowhead Research Corp.'s (Arrowhead) stock went down by 5.71%, ending the day at $14.19. However, for the past five-day trading period, Company's stock increased by 1.50% compared to the Nasdaq Composite which went up by 0.30% during the same trading session. The full analyst notes on Arrowhead are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/ARWR/report.pdf
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CytRx Corporation Analyst Notes
On June 24, 2014, CytRx Corporation's (CytRx) stock lost 6.88%, closing at $4.33. Over the previous three-day trading session, CytRx's stock dipped by 12.70% compared to the Nasdaq Composite which decreased by 0.21% during the same trading period. The full analyst notes on CytRx are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/CYTR/report.pdf
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Karyopharm Therapeutics, Inc. Analyst Notes
On June 24, 2014, Karyopharm Therapeutics, Inc. (Karyopharm Therapeutics) announced that it has initiated its Phase 2 study of Selinexor (KPT-330) in patients 60 years of age or older with relapsed or refractory acute myeloid leukemia (AML) who are ineligible for intensive chemotherapy and/or transplantation. According to the Company, in the Selinexor in Older Patients with Relapsed/Refractory AML (SOPRA) study, 150 patients with AML which has relapsed after, or was refractory to, first line therapy will be randomized 2:1 to Selinexor provided orally twice a week with a dosage of 55mg/m2 versus one of four physician choices. The Company informed that overall survival is the primary endpoint. Founder, President and CSO of the Company, Dr. Sharon Shacham, said, "The initiation of this first registration-directed study of Selinexor represents a major milestone for Karyopharm." The full analyst notes on Karyopharm Therapeutics are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/KPTI/report.pdf
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