Bjarke Krysel Christensen
Biotech, long only, event-driven

Resverlogix Places A BET On RVX-208

(Editor's Note: Investors should be mindful of the risks of transacting in illiquid securities such as RVXCF. Resverlogix's Canadian listing, RVX.TO, offers some minimal additional liquidity.)

Cholesterol lowering drugs aimed at prevention of atherosclerosis are among the best selling drugs ever, with annual sales of Lipitor (before the drug went off patent) peaking at 10+ billion dollars and still leaving room for several other blockbuster drugs for the same indication. Atherosclerosis is the hardening of the arteries caused by plaque building up. The plaque is to a great extent consisting of cholesterol-laden cells from the immune system (macrophages) that form so-called foam cells. In most cases, atherosclerosis is asymptomatic for many years, but the plaque may eventually rupture, leading to...

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