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Spectrum’s value halved after poziotinib’s failure in NSCLC cohort

Eleven months after Spectrum divested its marketed products to sharpen its focus on a pair of clinical candidates, one of the two has failed in the first cohort of a Phase II trial, while the other is now under FDA review.

Shares of Spectrum Pharmaceuticals Inc. (NASDAQ:SPPI) sank $5.25 (60%) to $3.50

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