Top Railroad Companies For 2015

Top Railroad Companies For 2015: Idenix Pharmaceuticals Inc.(IDIX)

Idenix Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery and development of drugs for the treatment of human viral diseases in the United States and Europe. Its primary research and development focus is on the treatment of patients with hepatitis C virus (HCV). The company?s HCV discovery program focuses on various classes of drugs, including nucleoside/nucleotide polymerase inhibitors, protease inhibitors, non-nucleoside polymerase inhibitors, and NS5A inhibitors. It develops products and drug candidates for the treatment of patients with hepatitis B virus (HBV), human immunodeficiency virus (HIV) type-1, and acquired immune deficiency syndrome (AIDS). The company principally has a collaboration agreement with Novartis Pharma AG for the development and commercialization of telbivudine, a drug for the treatment of HBV under the Tyzeka/Sebivo names. Idenix Pharmaceuticals, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.

Advisors' Opinion:

• [By Sean Williams]

  It certainly wasn't smiles for everyone on the clinical front, though, as Idenix Pharmaceuticals (NASDAQ: IDIX  ) took a late-week 31% tumble after announcing that the FDA was requesting additional safety information about its preclinical investigational hepatitis-C drug, IDX20963. As my Foolish colleague Brian Orelli noted, it's not exactly clear what information the FDA is looking for, but this inquiry puts a hold on Idenix's starting clinical trials until it satisfies the requests of the FDA. This marks the third pipeline candidate that's been placed on clinical hold in just the past year and could be the last straw for fed-up investors.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-railroad-companies-for-2015-2.html