Form 6-K BioLineRx Ltd. For: Aug 17

Go back to Form 6-K BioLineRx Ltd. For: Aug 17

Roth Capital Positive on BioLineRx (BLRX) Following BL-8040 Phase 2b Initiation

August 17, 2015 9:48 AM UTC

Roth Capital affirms BioLineRx (Nasdaq: BLRX) with a Buy rating and $7 price target after the company announced the initiation of a Phase 2b trial for BL-8040 as a novel consolidation treatment for acute myeloid leukemia (AML).

Analyst Joseph Pantginis noted, This study is an important first step in the development of BL-8040 and the planned broadening of its profile, in our belief. The rationale for this study comes from... More