Seeking Alpha

Achillion rallies on ACH-3422 poster presentation

  • Achillion (ACHN) is up 8.7% before the bell after a poster presentation at AASLD outlines the "preclinical profile" of ACH-3422.
  • The presentation "details the potent and specific inhibition of HCV NS5B polymerase, demonstrates [the] low risk for mitochondrial toxicity [and shows] high efficiency in the conversion of ACH-3422 into the triphosphate within human hepatocyte cell lines."
  • In sum, the company says it expects to initiate first-in-human and proof-of-concept trials in H1 2014. (PR)
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