Bitron Limited Underway to Evaluate Compounds Against Coronavirus

  • Feb 06, 2020 AEDT
  • Team Kalkine

Engaged in the R&D and commercialization of drugs pertaining to viral diseases with unmet medical needs, Bitron Limited (ASX:BIT) has come into limelight for the ongoing crisis of coronavirus-

  • The Company is in process of evaluating several promising compounds for activity against coronavirus
  • It has over 30 compounds with good activity against a range of coronaviruses and is focused on testing a select set of these compounds against the new 2019-nCoV

The stock surged by over 15% and is priced at $0.095 as at 1:04 PM AEST on the ASX.

 

 

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