je.st
news
High Alpha In Shorting Infinity Pharmaceuticals With Potential Failure Of Upcoming Trials
2015-01-10 22:41:32| Biotech - Topix.net
Although Infinity has a collaboration agreement with AbbVie for IPI-145 in blood malignancies, I have doubts about the potential of the selective PI3K inhibitor following the failure in RA. If IPI-145 also fails in blood malignancies then Infinity is effectively worth only the cash on its balance sheet.
Tags: high
potential
failure
alpha
Category:Biotechnology and Pharmaceuticals