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What: Shares of hepatitis-C focused company Achillion Pharmaceuticals
So what: Early-stage data released today suggests Achillion’s ACH-3102, a non-nucleotide, protease-based inhibitor, showed statistically significant mean reduction in hepatitis-C virus levels in patients studied. The data was encouraging enough for the company to move forward with a stage 2a trial for patients with the difficult-to-treat genotype 1b form of the hepatitis-C virus.
Now what: I don’t want to sound like a broken record, but betting on Achillion here is like leaving the baseball game in the third inning because your team is up four to one. There’s still a lot of game left to be played. Achillion still has genotype 1b efficacy and safety issues to overcome, as well as myriad competitors. At the moment, Gilead Sciences
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Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
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