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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 barsaxon Nov 20, 2019 1:05pm
132 Views
Post# 30374521

RE:RE:Funding and liquidity event

RE:RE:Funding and liquidity event"And having Eastern and HL hanging in the balance (owning 70%) will have a lot of say in the matter, and that can get very complicated in more ways than one."

The first part of that is essentially what I posted, so we agree.   The second part (complicated?), I'm not sure about because ultimately Hepalink, Eastern and Don will want some sort of liquidity event at some point.  Hepalink and Eastern have the shares to drive board seats and all shareholder votes.  They have the majority.  The only question to be settled is "how do we maximize shareholder value?" meaning return to Hepalink and Eastern.  As long as Don and H & E are in agreement, its simple, in my humble opinion.


Bullboard Posts