Aquinox Pharmaceuticals: Patience Will Be Rewarded [Seeking Alpha]
AQUINOX PHARMACEUTICALS (AQXP)
Last aquinox pharmaceuticals earnings: 11/8 09:05 am
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US:NASDAQ Investor Relations:
investor.aqxpharma.com/investor-relations
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Source: Seeking Alpha
Summary Shareholders in Aquinox Pharmaceuticals (NASDAQ: AQXP ) have done well over the past year, with shares having risen over 70% during that time frame. AQXP data by YCharts Back in 2015 the stock was a trader favorite, having skyrocketed over 1500% in three days from $2 per share to almost $21. This was spurred in part by positive clinical data for treatment AQX-1125 indicated for bladder pain. Shares have yet to break back above key resistance at the $20 level, although I suspect it's quite possible that it occurs in the medium term. Background Management appears almost entirely focused on guiding lead drug candidate AQX-1125 through its phase three trial, dubbed "LEADERSHIP". A novel, first-in-class anti inflammatory therapy, AQX-1125 activates SHIP1, which plays a crucial role in regulating cell activation and migration to mucosal surfaces. At the American Society of Hematology Annual Meeting (ASH) data was presented showing the approach h
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