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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

Post by G1945Von Jun 08, 2022 8:31am
445 Views
Post# 34739528

New Press Release posted by Stockhouse - June 8, 2022

New Press Release posted by Stockhouse - June 8, 2022

They come out with this kind of news when there is such a precipitous decline in the SPP. Can't make these guys out.

They keep pumping studies in prestigious scientific journals about apabetalon's dual mechanism of action but mention nothing of benefit from the Open-label Phase 2, COVID-19 clinical trial if there is any. They even pump up Eversana and their commercialization capability per se, concerning COVID-19 but decided to conclude its Phase 2 trial in hospitalized COVID-19 patients early, kicking the can down the road once more and decided to focus its resources on the advanced Phase 3 CORAL program. No mention of BOM2. No mention of funding. They got us coming and going.

This is not the kind of news we waited for before the AGM.


jmo
G1945V


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