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DewDiligence

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DewDiligence

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Re: DewDiligence post# 50

Tuesday, 04/18/2023 1:57:44 PM

Tuesday, April 18, 2023 1:57:44 PM

Post# of 69
ASBM abandons HBV arena, for all practical purposes:

https://finance.yahoo.com/news/assembly-biosciences-announces-additional-promising-120000883.html

No further internal development will be done on ABI-4344, ASMB’s fourth(!) HBV core inhibitor. ASMB dumped its third HBV core inhibitor, ABI-H3733, a few weeks ago and has yet to do anything right in HBV (see #msg-171513883 and the embedded links there).

According to today’s PR, ASMB’s clinical focus will now be its herpes and HDV programs.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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