BIT 3.57% 5.4¢ biotron limited

Ann: POSITIVE OUTCOMES IN BIT225 PHASE 2 CLINICAL TRIAL IN HIV, page-141

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    BIT not getting too much media exposure today but there is some.

    And Biotron (ASX:BIT) has dropped some happy-happy news on the market, announcing that preliminary analyses of data from the BIT225-010 Phase 2 clinical trial of the company’s lead antiviral drug BIT225 provide confirmation, and extension, of the positive results of previous trials in people infected with HIV-1.

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    I will note that the current trial results are positive but are only being put out as confirming previous results.

    Good results with some good effects on patients - just not exceptional results. Certainly, the market got interested early - but maybe most of the action was from traders.

    To be honest, the results are less than I would have expected. I am actually a bit disappointed by the announcement.
 
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