ACHN will not spend any more of its own money on its HIV NRTI drug, elvucitabine, according to the CEO’s comments on the recent Needham webcast. This is probably a good decision—the drug’s commercial prospects are poor for the reasons mentioned in #msg-26540327.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.