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dewophile

01/25/12 3:47 PM

#135679 RE: genisi #135677

wow
that is one misleading PR
thanks!

ghmm

01/25/12 3:55 PM

#135680 RE: genisi #135677

Sure ask and end all the speculation :).

The price movement seems even more unjustified.

mcbio

01/25/12 7:10 PM

#135690 RE: genisi #135677

BLRX/BL-8020

I've asked and just got an answer: it is indeed an oral NS3/4A protease inhibitor.

Wow, thanks for confirming genisi. I don't know if I want to go as far as saying this renders the BLRX PR misleading (due to claims about a novel target), but it's the kind of PR normally issued by less credible small-cap biotech firms IMHO. I've been pretty bullish on the stock for awhile, given the diverse pipeline and small market cap (though unfortunately never took a position), and even after the pop the market cap seems pretty cheap to me in the grand scheme of things, but this kind of PR now has me second-guessing management credibility. Maybe that's too harsh but that's kind of my gut feel.