BLRX has some nice institutional interest, and I'm thinking they're adding. Should have news sometime over the next week or so, its a Jerusalem bio. Not even sure why it caught my eye, went long at 1.10 and think it has decent potential through this summer. Pretty busy at the moment so my dd is a bit foggy. It reminds me a lot like a sleeper that can spike up one day and not look back for a while. Kind of like EDAP or ACAD. Once they get some decent data in off they go. But it may take a bit.
profile... Description
BioLine Rx Ltd, a clinical stage biopharmaceutical development company, engages in identifying, in-licensing, and developing therapeutic candidates that address unmet medical needs. Its development pipeline consists of clinical-stage therapeutic candidates, which include BL-8040, a novel peptide for the treatment of multiple cancer and hematological indications; AGI-134, an immunotherapy treatment in development for multiple solid tumors; and BL-5010, a customized, proprietary, pen-like applicator containing a novel, acidic, aqueous solution as a medical device for the non-surgical removal of benign skin lesions. The company??s other therapeutic candidates comprise BL-1040, a novel, resorbable polymer solution for use in the prevention of ventricular remodeling that may occur in patients who have suffered an acute myocardial infarction; BL-9020, which is a novel monoclonal antibody treatment designed to prevent immune-mediated destruction of insulin-producing beta cells in the pancreas; BL-1210, a drug candidate intended for the treatment of liver fibrosis, primarily non- alcoholic steatohepatitis; BL-1220, an orally administered, novel composition of sodium alginate intended as a novel treatment for various liver failure conditions; and BL-1230, a cannabinoid receptor type 2 intended as a novel anti-inflammatory treatment for dry eye syndrome. The company has strategic collaborations with Novartis Pharma AG; Merck; MD Anderson Cancer Center to investigate the combination of BL-8040 with Keytruda (pembrolizumab) in pancreatic cancer; Genentech Inc. to investigate the combination of BL-8040 and Genentech??s Atezolizumab in various Phase Ib studies for multiple solid tumor indications and acute myeloid leukemia. BioLine Rx Ltd was founded in 2003 and is headquartered in Modi??in, Israel.
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