July 1 (Reuters) - TRACON Pharmaceuticals Inc :
* TRACON PHARMACEUTICALS ANNOUNCES TERMINATION OF ENVASARC TRIAL AND WILL EXPLORE STRATEGIC ALTERNATIVES LEVERAGING ITS IN-HOUSE PRODUCT DEVELOPMENT PLATFORM
* TRACON PHARMACEUTICALS INC - TO FOCUS ON EXPLORING STRATEGIC ALTERNATIVES
* TRACON PHARMACEUTICALS INC - ENVASARC TRIAL ORR IS 5%, DOES NOT MEET 11% ENDPOINT
* TRACON PHARMACEUTICALS INC - TO REDUCE CASH BURN IMMEDIATELY
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