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Oncogenex Pharma drug fails in late-stage prostate cancer trial

By Michael Fitzhugh
Staff Writer

Monday, April 28, 2014

Oncogenex Pharmaceuticals Inc. shares (Nasdaq:OGXI) fell 60.3 percent after the company and its partner, Teva Pharmaceutical Industries Ltd., reported that their experimental prostate cancer therapy, custirsen, failed to perform better than standard chemotherapy in a pivotal trial.

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