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Satellos Bioscience Inc Com V.ICO


Primary Symbol: ICOTF

Healthcare Biotechnology
iCo Therapeutics Inc is a Canada based biotechnology company. It is involved in the Research and development of ophthalmic indications. The company identifies, develops, and commercialize drug candidates with clinical history, and re-doses, reformulates and develops these drug candidates to treat sight and life-threatening diseases. Its in-licensed assets are iCo-008 and the Oral AmpB Delivery System. iCo-008 is a human monoclonal antibody targeting eotaxin-1 that acts as a messenger between...


GREY:ICOTF - Post by User

Satellos Bioscience Inc Com > What I do Like
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Comment by Alba1314on Aug 27, 2018 10:46am
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Post# 28521994

RE:RE:RE:RE:RE:RE:RE:RE:What I do Like

RE:RE:RE:RE:RE:RE:RE:RE:What I do Likepositive trial results do that. usually settles down below its peak but higher then before then run. Lots of times you see a run up before the results are even released and then a pull back afterwards even if the results are positive (the old "buy on rumour, sell on news" at work. This time the run up continued.

I think the possibility of the 32M in milestone payments may have had something to do with as well. There's your p&d at work there. Those payments are based on royalties on sales, not progression through trials. IMNP had a positive trial result so people started pumping the milestone payments. I'll admit I didnt know they were on sales till iCo released some docs on SEDAR last month. Tried to find out prior to that what they were based on but no luck. I think a lot people bought into that hype.




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