Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Medivation is developing a drug called MDV3100 for the early treatment of advanced prostate cancer. Currently, there are limited options for treatment of this disease, with Dendreon's
Now what: MDV3100 is already in phase 3 testing for advanced prostrate cancer. The new trial announced today should determine whether it is effective earlier in the course of the disease, which would open up a larger market. Johnson & Johnson
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Fool contributor Cindy Johnson does not own shares of any company named above. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.