"Erik the Red" <spock_smokes@hotmail.com> wrote in message
news:3c35cafd-2816-4462-8723-5ba183af3981@m73g2000hsh.googlegroups.com...
> http://www.biolinerx.com/PipelineSelected.asp#
>
> They mention in the video (gotta click on BL-1020) that GABA doesn't
> normally cross the brain blood barrier. The also talk about this drug
> being a schizo's drug of choice. They are REALLY looking for big
> investors. I bet Lilly or another company will gobble them up soon.
Interesting video.
The stock trades in Israel, but is supposed to trade on the "pink sheets"
here as: BLNEF.PK
However, my broker does not recognize the pink sheets symbol.
Financial info looks typical for a new drug company. They have a certain
amount of money (in a currency I'm not familiar with) and they have a "burn
rate." They make no money. They spend money to get their drugs developed,
tested, and approved. At the rate they are spending they should have no
trouble paying for phase 3 trials for BL-1020.