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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 barsaxon Nov 20, 2019 11:36am
202 Views
Post# 30373985

Funding and liquidity event

Funding and liquidity eventAny funding requirements will be worked out between Hepalink and the other large equity holders.  Hepalink has already invested a couple of hundred million dollars.  They have a seat on the board, they know what is required to protect their investment.  They will absolutely be working with DM on options going forward, and they will be working with DM to determine when this gets sold...the reality is, we can only ride on the bus.  If this doesn't match your investment criteria, you may have to request the next stop.
Bullboard Posts