Small Cap Movers

Spectrum Pharma says ‘lucanthone’ could treat lung cancer

SMALLCAP MARKETPLACE
Jennifer Schonberger | Apr 17, 2008 10:01am EDT
Rating: Unrated

Biopharmaceutical company Spectrum Pharmaceuticals, Inc., (Nasdaq:SPPI) said this morning that preclinical data on lucanthone suggest the orally administered small molecule inhibitor of DNA repair could potentially be used for the treatment of lung cancer.

Shares gained 7.6%, or $0.19, to $2.69 at 10 a.m. ET. For detailed price information and recent news stories about Spectrum Pharmaceuticals, click SPPI.

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