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Resverlogix Corp T.RVX

Alternate Symbol(s):  RVXCF

Resverlogix Corp. is a Canada-based late-stage biotechnology company. The Company is engaged in epigenetics, with a focus on developing therapies for the benefit of patients with chronic diseases. Its epigenetic therapies are designed to regulate the expression of disease-causing genes. The Company's clinical program is focused on evaluating its lead candidate apabetalone (RVX-208) for the treatment of cardiovascular disease and associated comorbidities, and post-COVID-19 conditions. RVX-208 is a small molecule that is a selective bromodomain and extra-terminal (BET) inhibitor. BET bromodomain inhibition is an epigenetic mechanism that can regulate disease-causing genes. RVX-208 is a BET inhibitor selective for the second bromodomain (BD2) within the BET proteins. It partners with EVERSANA, to support the commercialization of RVX-208 for cardiovascular disease, post-COVID-19 conditions, and pulmonary arterial hypertension in Canada and the United States.


TSX:RVX - Post by User

Bullboard Posts
Post by priceless2on Apr 09, 2015 7:23pm
295 Views
Post# 23614607

Rvx valuation

Rvx valuationI was looking back to rvx market cap back in 2006 when the company was pre clinical and the market. Cap was around 200 mil. Rvx today going into a phase 3 trial is sitting at under 200 million.  IMO rvx is extremely undervalued for a company going into a phase 3 dm trial with the potential to be a blockbuster drug assuming it passes a phase 3 and gets full FDA approval.  With positive post hoc analysis a fantastic safety profiles I say the odds are very good for approval.  I look at pharmacylics as an example of how high a biotech can go over a relatively short period. Pharmacylics was at one point trading at .80cents and today is trading at $250 us and a market cap of 19$ billion.  Could rvx have that type of potential.? 
Bullboard Posts