ArQule, Inc. (NASDAQ:ARQL)
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A clinical-stage biotechnology company, engaged in the research and development of cancer therapeutics. Its mission is to research, develop and commercialize targeted cancer drugs with reduced toxicities compared to conventional cancer chemotherapeutics.
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Mr. negative here, uncharacteristically giving a green thumb to a biotech stock. But if the phase III results are solid for the combination of ARQ 197 and Tarceva, and given Astellas' current pursuit of OSIP (markets Tarceva), the future looks bright for ARQL.