owns 5.1 % google showed RA Capital Advisors is a private investment bank specializing in mergers and acquisitions, private financings, shareholder matters, restructurings and crisis . This news could be meaningul
This Peter Kolchinsky dude is founder of this hedge fund RA Capital Advisors LLC. I posted his bio below. His hedge fund currently has assets valued at $989M. His most recent success is with ACHN, they own 22,486,000 shares of ACHN, and if you've been following it, the stock is recently up from $3.00 to $10.00. That gain alone made his hedge fund 157.4 million. They also own 5,250,000 shares of ACAD. And now they own 6.2% of VICL. He's a young guy, read his bio, get excited, he sees something huge with VICL. He's got a Ph.D. in virology from Harvard! Are you going to increase your share count and hold your shares? I did a couple weeks ago, doubled my stake. Good luck all longs!
Peter Kolchinsky graduated from Harvard with a Ph.D. in virology in 2001. After graduation he got $4 Million from Vertex Pharma co-founder Rich Aldrich and started picking biotech stocks at RA Capital. In 2002 he broke even when the S&P 500 index lost 22%. By the end of 2003, the initial $4 Million investment became $13 Million. Boston-based RA Capital invests in companies with promising drugs and technologies.
Read more by googling his name and this summary will come up in insider monkey