RedHill Biopharma Ltd (RDHL)

[Spideyboy]

Most likely, yes.

Covid-19 is essentially a new flu virus, global markets don't normally freak out over the flu now do they. The international reaction has been wayy over the top. Compare this virus to the 2009 swine flu, which was a full global pandemic, which caused over half a million deaths and we didn't see global shut down. Thus far less than 4000 deaths globally. I'm not saying any death is ok, I'm just saying the reaction has been over the top.

Additionally, as a flu virus, this will die as the weather heats up, as the virion can't live outside a host for long as the temperature increases. By end April I doubt this will be an issue almost anywhere in the world. And the markets can go back to 'normal'.

Redhill has been making good progress on all fronts. The H.pylori market and infections didn't go away in the meantime.