RVX:TSX

Resverlogix Corp.

Resverlogix Corp. is developing RVX-208, a first-in-class, small molecule selective BET bromodomain inhibitor for the potential treatment of patients with cardiovascular disease, diabetes mellitus, Alzheimer's disease, peripheral artery disease and chronic kidney disease. RVX-208 is the only selective BET bromodomain inhibitor in clinical trials. The company's common shares trade on the Toronto Stock Exchange (TSX: RVX). For further information please visit www.resverlogix.com. Resverlogix can be followed on its blog at http://www.resverlogix.com/blog and via Twitter https://twitter.com/resverlogix_rvx @Resverlogix_RVX
RVX:TSX

Expert Comments:

Zacks Small-Cap Research analyst John Vandermosten reviewed the Q2 FY18 financial results for this epigenetics firm, which is moving forward with a Phase 3 trial targeting heart disease.
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David Kideckel, Beacon Securities Ltd. (12/13/17)
"On Dec. 4, 2017, Resverlogix Corp. closed a major private placement with Shenzhen Hepalink (world's largest producer of Heparin) for CA$87M, and on Dec. 6, the company repaid its outstanding loan (CA$68.8M). . .we maintain our Buy rating and CA$8.55 target."

David Kideckel, Beacon Securities Ltd. (11/15/17)
"After taking a deep dive into Canadian biotech, we have concluded that Resverlogix Corp. may be one of the most undervalued biotech companies in Canada. . .we are initiating coverage of the company with a Buy rating and CA$8.55 target price."

John Vandermosten, Zacks Equity Research (8/2/17)
"Resverlogix Corp. began recruiting and dosing participants in the Phase 3 BETonMACE trial of its lead candidate apabetalone (RVX- 208) in high-risk CVD patients with diabetes in November 2015. We believe the trial will take approximately 3 years to complete, targeting topline readout in 2018. . .at the current price, we view Resverlogix shares as undervalued, and in a position to provide long-term upside potential. We maintain our target price to CAD$6.50 per share and believe that expansion into new geographies, the orphan disease program, and renal disease, could provide further upside to our valuation."

Research Driven Investing (7/26/17)
"Resverlogix Corp. is developing apabetalone (RVX-208), a small molecule selective BET domain inhibitor that is in clinical trials for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, Alzheimer's disease, and orphan diseases. . .Resverlogix Corp.'s stock jumped 9.09% Tuesday, to close the day at $1.56. The stock recorded a trading volume of 204,066 shares, which was above its three months average volume of 70,219 shares. . .the share price has gained 39.29% from its 52 week low."

More Expert Comments

Experts Following This Company

David Kideckel, Equity Research- Healthcare & Biotechnology – Beacon Securities Ltd.
John Vandermosten, CFA – Zacks Small-Cap Research

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Investing Highlights
 
Phase III company focused on high-risk CVD population with lead therapeutic - apabetalone
 
Market leader with significant potential Over 10MM patients in top 7 markets
 
Advancing apabetalone Phase II CKD trial expected to commence in early 2017