Jefferies Cuts Price Target on GTx, Inc. (GTXI) to $7 Following Enobosarm Trial Results

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GTx Reports Results from Ongoing Enobosarm Phase 2 Clinical Trial in ER+/AR+ Breast Cancer

December 8, 2016 7:00 AM EST

- Primary efficacy endpoint met in the enobosarm 9 mg cohort -

- To date, of 22 evaluable patients, 2 had a partial response and 7 had stable disease at 24 weeks -

- Current mean duration of response is 31 weeks, with 7 of 9 responders still receiving enobosarm -

MEMPHIS, Tenn.--(BUSINESS WIRE)-- GTx, Inc. (Nasdaq: GTXI) announced today positive initial data from its ongoing open-label enobosarm Phase 2 clinical trial in women with advanced, estrogen receptor positive (ER+), androgen receptor positive (AR+) breast cancer.... More