RLFTF is down because there was an article in a Sw
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Posted On: 11/04/2020 12:32:07 PM
Re: Lee Ron Lemab #64155
RLFTF is down because there was an article in a Swiss news outlet, I believe it also included an interview with Relief's chairman, which stated that PhaseBio's recent discontinuation of it's covid program due to lack of efficacy means RLF-100 is doomed. Both RLFTF's and PhaseBio's drugs are VIP analogs. So investors in Switzerland started dumping the stock and the US followed.
I think this is clearly misguided, the effect of the two drugs on the lungs aren't comparable, and RLF-100 still looks very promising for covid so I am about to get back into the stock.
I think this is clearly misguided, the effect of the two drugs on the lungs aren't comparable, and RLF-100 still looks very promising for covid so I am about to get back into the stock.
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