Threshold Pharmaceuticals, Inc. (NASDAQ:THLD)
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A biotechnology company focused on the discovery and development of small molecule therapeutics for the potential treatment of cancer.
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A biotechnology company focused on the discovery and development of small molecule therapeutics for the potential treatment of cancer.
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Threshold has been gleefully destroying shareholder value for as long as I've been following biotech. The tried and true formula: Initiate trial. Dilute. Trial fails. Dilute. Reverse split. Initiate trial. Rinse, lather, repeat. Four years ago Threshold was impoverishing their investors with a drug called glufosfamide. Now they're doing the same thing with TH-302. Similar price, similar market cap, just another hundred million or so of investor's money blown.'
Might want to close this out zz.