CHICAGO - More bad news for CytRx (CYTR - Get Report) at the American Society of Clinical Oncology annual meeting.

Results from the phase III study of CytRx's aldoxorubicin in front-line sarcoma patients were presented on Friday. The company had previously acknowledged aldoxorubicin's failure to significantly prolong progression-free survival, the study's primary endpoint. 

But what about survival? Maybe aldoxorubicin is helping sarcoma patients live longer? 

No, it is not. 

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