Keryx surges as monitoring board backs Phase III colorectal perifosine study
This article was originally published in Scrip
Executive Summary
Keryx Biopharmaceuticals' shares rose on 31 August 2011 by 7.3%, to $4.07, on news that an independent monitoring board was recommending, following an interim analysis, that the Phase III perifosine X-PECT trial continue as planned until it is completed. The company licensed North American rights to the potential treatment for refractory colorectal cancer patients from Aeterna Zentaris.