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harmsen

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harmsen

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Thursday, 07/03/2014 11:57:58 AM

Thursday, July 03, 2014 11:57:58 AM

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ARCA Biopharma: An Undervalued Biotech With A Bright Future
Jul. 3, 2014 10:50 AM ET | 3 comments | About: ARCA biopharma, Inc. (ABIO)
Disclosure: The author is long ABIO. (More...)
Summary

ARCA biopharma is on track with its second Phase II trial for a genetically targeted treatment of atrial fibrillation.
ARCA biopharma has close to $22 million cash on hand, which represents 70% of the company's market cap and a cash runway through 2015.
With a $31 million market cap, 74% success rate based on prior trial data, and an indication with over 30 million patients worldwide, ARCA biopharma appears substantially undervalued.
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