Infinity Pharma (INFI) Tops Q3 EPS by 38c

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Infinity Pharmaceuticals Provides Company Update and Third Quarter 2018 Financial Results

November 5, 2018 4:03 PM EST

CAMBRIDGE, Mass., Nov. 5, 2018 /PRNewswire/ -- Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) today announced its third quarter 2018 financial results and provided an update on the company and its progress with IPI-549, a first-in-class oral immuno-oncology product candidate that selectively inhibits phosphoinositide-3-kinase-gamma (PI3K-gamma) and targets immuno-suppressive tumor macrophages/myeloid-derived suppressor cells (MDSCs).

"We approach the end of 2018 with tremendous momentum in developing IPI-549 as an effective therapy for patients whose cancers are not adequately treated by existing immuno-therapies," said... More