BioLineRx: BL-8040 Progressing In Varied Cancer Types

 | Feb 10, 2016 05:31AM ET

BL-8040 progressing in varied cancer types

Bioline Rx's (O:BLRX)lead compound, BL-8040, is under development in numerous cancer indications, for which we anticipate collective peak sales potential of c $700m. We also expect first launch of its skin lesion product by partner Perrigo in 2016 to yield royalties of c $2-3m per year.