The market yawns. An investment opportunity

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    Here is a summary of an article by Keith Williams in Seeking Alpha.

    Summary
    -Merck initiates Phase 1 cognitive dysfunction in Alzheimer’s trial on Bionomics candidate with a $10M milestone payment.
    -Validation of Bionomics ionX screening and MultiCore chemistry platforms.
    -Deepening relationship with Merck which owns 4.5% of the company.
    -Merck program adds to Bionomics in house BNC210 program on anxiety, depression and PSTD (Post-Traumatic Stress Disorder).
    -The Australian market yawned; investment opportunity.

    His last point is worth noting (for those who haven't been inclined to buy shares or those who think they should buy more). IMO, I agree that it is an investment opportunity but DYOR. GLTA
 
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