BioLine RX rockets on heavy volume after 'strikingly positive' trial data on cancer treatment [MarketWatch]
BioLineRx Ltd. - American Depositary Shares (BLRX)
Last biolinerx ltd. - american depositary shares earnings: 5/14 07:00 am
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Source: MarketWatch
Shares of BioLine RX Ltd. rocketed 60% toward a 2-year high in very active trading Tuesday, enough to pace all of the premarket gainers, after the biopharmaceutical company announced positive results from a Phase 3 trial of its treatment for multiple myeloma patients. Trading volume ballooned to 17.2 million shares, compared with the full-day average of about 463,000 shares over the past 30 days, according to FactSet. The company said the Phase 3 trial evaluating Motixafortide, in combination with granulocyte colony stimulating factor, for hematopoietic stem-cell mobilization for autologous bone marrow transplantation met all of its primary and secondary endpoints with "exceptionally high level" of statistical significance. "These strikingly positive data significantly exceeded our expectations, and are truly transformational for our company," said Chief Executive Philip Serlin. The stock, which is on track to open at the highest price seen since July 2019, has lost 5.9% over the past
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News
- BioLineRx Ltd. (NASDAQ: BLRX) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- BioLineRx Announces Poster Presentation on Apheresis Center Efficiency and CXCR4 Antagonists including APHEXDA® (motixafortide) in Patients with Multiple Myeloma at the ASFA 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- BioLineRx Announces Poster Presentation on Apheresis Center Efficiency and CXCR4 Antagonists including APHEXDA® (motixafortide) in Patients with Multiple Myeloma at the ASFA 2024 Annual MeetingPR Newswire
- BioLineRx Ltd. (NASDAQ: BLRX) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- BioLineRx Accesses Second Tranche of $20 Million Under Previously Announced $40 Million Non-Dilutive Debt Financing Agreement [Yahoo! Finance]Yahoo! Finance
BLRX
Sec Filings
- 4/17/24 - Form 6-K
- 4/10/24 - Form 6-K
- 4/1/24 - Form 6-K
- BLRX's page on the SEC website