Thursday, March 31, 2022

RUBRACARIB: It helps


       Linda preferred her camels behind a stout fence

Odd though it may seem, sometimes useful information about OVCA appears in the financial news,  For instance right now there is a flurry of interest in a drug called Rubraca (rubracarib), a PARPi (inhibits division of cancer cells),  Seems a company named Clovis Oncology, in an effort to avoid being swallowed whole by Big Pharma, has released results of a recent trial, which shows that Rubraca, their baby,  increases PFS (progression-free survival) by an average of 11 months, and has a hazard ratio of 0.65, meaning, I think, that one is 35% less likely to die than similar folks on a placebo.  Anyway:  No great breakthrough, but welcome nonetheless. 

 https://finance.yahoo.com/news/clovis-oncologys-rubraca-significantly-improves-132257226.html 

Not surprisingly, Clovis Oncology stock (CLVS) gained almost 25% today.  I may buy a few shares anyway; it’s selling for $2.02/share at the moment.  But, for God’s sake, don’t go all in, whole hog, with your hard earned nest egg!  I know about as much about stocks as I do about brain surgery.

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