Morning Movers 11/16: SPEX, NLST, XJT, NABI, KHD, IBKC, SPA High...

Courtesy StreetInsider.com News Articles  Mon, 11/16/2009 - 09:11

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) 77% LOWER; today announced that its pivotal Phase 3 SPEAR (Study of Picoplatin Efficacy After Relapse) trial of picoplatin in the second-line treatment of small cell lung cancer did not meet its primary endpoint of overall survival.

The analysis, based on 320 evaluable events (patient deaths), showed a hazard ratio of 0.82 with a p value of 0.089.

The stock was also downgraded at Merriman Curhan Ford .

Spherix Incorporated (NASDAQ: SPEX) 72% HIGHER;...

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