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Argos vows to start Phase III in renal cancer despite pulling IPO
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Argos plowing ahead
Monday, March 12, 2012
Argos Therapeutics Inc. is being coy about its financing plans after
withdrawing its planned IPO on NASDAQ due to market conditions. But the company
says it is going ahead next quarter with a $40-$50 million Phase III trial of
its immunotherapy in renal cell carcinoma, even though its bank balance at Dec.
31 was just $2 million.
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