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Shares of biotech company Ziopharm Oncology (NASDAQ: ZIOP  ) were up more than 17% today, after the company announced that its phase 3 clinical trial for its experimental cancer drug palifosfamide reached enough progression-free survival events to initiate data collection and the statistical analysis of the study. With top-line results -- a major binary event for Ziopharm investors -- to be revealed in late March, health-care analyst Max Macaluso discusses today's stock-price surge and what Ziopharm investors need to watch.

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Related Tickers

5/23/2013 4:00 PM
ZIOP $2.02 Up +0.31 +18.13%
ZIOPHARM Oncology CAPS Rating: ***
VVUS $14.50 Up +0.98 +7.25%
VIVUS, Inc. CAPS Rating: **
ARNA $8.06 Up +0.14 +1.77%
Arena Pharmaceutic… CAPS Rating: **

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