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Wednesday, January 29, 2020

Chimerix up 10% premarket on potential of brincidofovir in smallpox

Chimerix (NASDAQ:CMRX) is up 10% premarket on light volume in reaction to preclinical data that, it says, support the rationale of using brincidofovir to treat smallpox (and stockpiling as a countermeasure in the event of an outbreak). The results were presented at the ASM Biothreats Conference in Arlington, VA.
In two lethal animal models of smallpox, treatment with brincidofovir resulted in a statistically significant survival advantage compared to placebo.
The company plans to file a U.S. marketing application mid-year.
https://seekingalpha.com/news/3535683-chimerix-up-10-premarket-on-potential-of-brincidofovir-in-smallpox

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