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Stockwatch: The long and winding road that leads to another fundraising

This article was originally published in Scrip

Executive Summary

When German oncology company Wilex AG announced that the phase II study of Mesupron (upamostat, a urokinase-type plasminogen inhibitor) in 132 first-line HER-2 receptor negative metastatic breast cancer patients had met its primary objective of demonstrating efficacy, the share price rose by about five percent adding about €4 million to the Wilex market capitalisation. Relatively small beer, admittedly, but a positive response nevertheless from the investment community.



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