The essence of their science.
Idera is developing novel treatments to address unmet needs in two distinct disease areas – autoimmune diseases, and certain genetically defined forms of B-cell lymphoma.
The Company’s lead candidate, IMO-8400, has a novel mechanism of action as an antagonist to Toll-like receptors (TLR) 7, 8, and 9. Toll-like receptors are proteins whose activation plays a key role in both autoimmune diseases and forms of B-cell lymphoma where the MYD88 L265P genetic mutation is present, including Waldenström’s macroglobulinemia (WM) and activated B-cell-like diffuse large B-cell lymphoma (ABC-DLBCL). Treatment with IMO-8400 blocks over-activation of these TLRs, and interrupts the processes that lead to disease progression.
Two Disease States, One Common Therapeutic Pathway
Sentiment: Strong Buy
Whogo, they said they would be out no later then of March, but based on the length of the study they should be close to completion now and just need to wrap up the reporting aspect of their findings. Suggest listening to the conference call this week and you should get a much clearer picture on their progress as well as a better understanding of the science. Also watch the institutional adds when they all report in by the end of this week for the last quarter. The secondary offering was sucked up in about 30 minutes which raised them about 33mm in cash and now they are in good shape through 2016 with over 70mm...Baker Brothers were big participants in the secondary adding to the holdings. They are already then number one holder of shares which is quite an endorsement.
Sentiment: Strong Buy
yup. IDRA is kicking butt... too late to join i think... but doing well.
atrs - on the other hand, wants to go down i believe. can't even break 4.4.
can't wait til more pumping is done by oldies... they are prob oversleeping a bit due to all the energy they have consumed over the weekend, trying to bash the discontented.
Top Gun, you are not too late on IDRA. They present this week and p2 results on Psoriosis come out no later then 3/31...The 52 week high is about ready to be broken and then we get into some thin air and should be able to get our market cap north of 500mm...Love to have you on board!
Sentiment: Strong Sell