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RJCogburn
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I imagine myself as having the courage, determination, and loyalty as my screen name icon but will settle for two out of three. Retired, investing has become a wonderful avocation.
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  • OPTR...Receives Milestone Payment From Cempra for Next-Generation Macrolide Antibiotic
    OPTR's drug nearest to approval is fidaxomicin, a promising treatment for C. diff infection which is a growing problem with only a couple of current drug treatments.  Next in line is Purvel for infectious dirrahea.  Both these have completed two phase 3 trials.

    The news regarding a next generation macrolide was a bit of a surprise.  A successful phase one study resulted in a $500,000 payment to OPTR from Cempra Pharmaceuticals per a licensing agreement. 

    The company has promising drugs, but still a ways to go.  How to value the company is problematic and the stock price has been steadily dropping since mid March and trades near its one year low.
    Tags: OPTR
    Jul 10 7:27 AM | Link | 1 Comment
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