People always take profit when there is an announcement of Phase trials where the instant gratification is not there... BLU will continue to steadily climb. Those cashing in will regret it.
B
From the Bellus web site: "second half of 2020"
BELLUS Health believes BLU-5937 may be a viable treatment option for patients with chronic pruritus associated with atopic dermatitis. The Company has conducted preclinical studies of BLU-5937 in pruritus, and expects to initiate a Phase 2 trial to assess the efficacy, safety, and tolerability of BLU-5937 versus placebo in approximately 100 patients suffering from chronic pruritus associated with mild to moderate atopic dermatitis in the second half of 2020.
https://seekingalpha.com/news/3637474-huge-bull-call-on-bellus-health-from-evercore-impliesplus-400-upside
BELLUS Health believes BLU-5937 may be a viable treatment option for patients with chronic pruritus associated with atopic dermatitis. The Company has conducted preclinical studies of BLU-5937 in pruritus, and expects to initiate a Phase 2 trial to assess the efficacy, safety, and tolerability of BLU-5937 versus placebo in approximately 100 patients suffering from chronic pruritus associated with mild to moderate atopic dermatitis in the second half of 2020.