BioLineRx (BLRX) Pops Higher on BL-8020 Phase I/II Plans

October 16, 2012 7:40 AM EDT
BioLineRx (Nasdaq: BLRX) shares are ripping in pre-market trading Tuesday following an update on BL-8020. Shares are 11 percent higher ahead of the bell.

According to a release out earlier, "[BioLineRx] has successfully completed the pre-clinical development of BL-8020, an orally available, interferon-free treatment for the Hepatitis C virus (HCV), and plans to commence a Phase I/II safety and efficacy study for BL-8020 in Europe during the first quarter of 2013."


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