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News: OncoMed Pharmaceuticals Inc (OMED.OQ)

OMED.OQ on NASDAQ Stock Exchange Global Select Market

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Mon, Jan 25 2016

Independent experts cast doubt on OncoMed's cancer drug

OncoMed Pharmaceuticals Inc lost nearly half its market value after independent investigators informed the company that its pancreatic cancer drug was unlikely to meet the main goal in a mid-stage study.

UPDATE 2-Independent experts cast doubt on OncoMed's cancer drug

* Worsening response rates observed in patients receiving drug

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