Kite Pharma (KITE) Posts Q1 Loss of 20c/Share

Go back to Kite Pharma (KITE) Posts Q1 Loss of 20c/Share

Kite Pharma (KITE) Q1 Release Timing, Trial Dosing Has One Analyst Nervous

May 18, 2015 6:44 AM EDT

Stifel analyst Thomas Shrader weighed in on Kite Pharma (NASDAQ: KITE) following the release of Q1 results after the market closed on Friday. Shrader called the releasing timing "alarming" and suggested maybe it was designed to "avoid 25 consecutive analyst questions amounting to: how is the pivotal trial going?"

Shrader admits the recently initiated pivotal trial for KTE-019 in DLBCL makes them nervous. "Its not that we worry about the results; we have seen enough data that we expect... More