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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
Comment by BearDownAZon Jun 20, 2016 10:46pm
152 Views
Post# 24982316

RE:RE:Zenith Update Perspectives

RE:RE:Zenith Update PerspectivesJk,

Zenith Epigenetics Corp right now holds both technology assets (their 1500 BET inhibitor library and other technology) and the RVX-208 Royalty Preferred Shares that came from the original 2013 Zenith spin-off. After the re-organization, the royalties will be held by Zenith Capital Corp and will be separate from the technology held by Zenith Epigenetics Ltd. Having this structure will allow for the sale or IPO of Zenith Epigenetics Ltd or the sale of Resverlogix, but still allow holders of Zenith Capital Corp to benefit from the future royalites that come from Resverlogix or Zenith Epigenetics Ltd. without these royalties being further diluted or sold along with Zenith technology assets. 

Make sense? If not, go back to the Agoracom Zenith board for Jan 7-9, 2016 and you can see all the discussion that went on about this after the January 7 AGM.

BearDownAZ
Bullboard Posts