BioLineRx Reports Second Quarter 2018 Financial Results

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BioLineRx (BLRX) Tops Q2 EPS by 1c

August 13, 2018 7:04 AM EDT

BioLineRx (NASDAQ: BLRX) reported Q2 EPS of ($0.05), $0.01 better than the analyst estimate of ($0.06).

"We are very encouraged by the clinical results achieved to-date in the major indications being developed under our BL-8040 platform, as we continue to advance the asset towards registration," stated Philip A. Serlin, Chief Executive Officer of BioLineRx. "Specifically, positive results from the initial lead-in cohort in the Phase 3 GENESIS trial, and the resulting DMC recommendation for an early continuation to the randomized, double-blind, placebo-controlled part of the trial, is an important clinical achievement for... More