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OncoGenex Pharmaceuticals, Inc. Reports Financial Results for Third Quarter 2013 and Addresses Key Questions from Investors on Quarterly Conference Call
Date:11/7/2013

BOTHELL, Wash. and VANCOUVER, British Columbia, Nov. 7, 2013 /PRNewswire/ -- OncoGenex Pharmaceuticals, Inc. (NASDAQ: OGXI) today announced third quarter 2013 financial results and will address frequently asked questions from investors during the quarterly conference call.  Questions, including recent inquiries regarding the clinical development program and prostate cancer market landscape, were submitted via the Company's website and other communication channels.  

The Company will discuss timelines for the primary registration Phase 3 SYNERGY trial, designed to evaluate a survival benefit for custirsen in combination with first-line docetaxel chemotherapy in men with metastatic castrate-resistant prostate cancer (CRPC). 

The planned efficacy interim analysis for SYNERGY has not yet occurred.  Once the interim analysis has been conducted and the Independent Data Monitoring Committee (IDMC) has rendered their recommendation, an update will be provided.  Final SYNERGY results continue to be expected by mid-2014; however, results could be announced sooner in the event the IDMC recommends an early unblinding of the trial.

"We are pleased with the tremendous clinical development progress of both custirsen and apatorsen in 2013,  and are excited about the future as we approach key data announcements for both of these product candidates," stated Scott Cormack, President and CEO of OncoGenex.  "We continue to execute according to plan and remain confident in our ability to change the lives of people living with cancer."

Third Quarter 2013 Financial Update and Results

  • Revenue for the three and nine months ended September 30, 2013 increased to $9.9 million and $21.3 million, respectively.  This compares to $6.6 million and $10.3
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  • SOURCE OncoGenex Pharmaceuticals, Inc.
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