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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 princeofcuton Aug 27, 2015 3:01pm
105 Views
Post# 24056844

that FDA voucher thingy

that FDA voucher thingy
..i don't believe they are called "coupons" and any biotech CEO should actually know better..

..i know two recent cases where the vouchers went for $245 to $300M US

..i haven't quite figured out yet what say company X gets voucher sells to company Y and early trial fails..it is an odd system for sure. i beieve it is meant to mitigate financial risk for drug development in very special cases (pediatric, ebola, etc.) with special market dynamics but it seems like the FDA gifting economic benefits...odd for sure but i suspect one of those will likely double the market cap of RVX
Bullboard Posts