Arbutus Biopharma Corp (ABUS) was Initiated by Chardan Capital Markets to “Sell” and the brokerage firm has set the Price Target at $3.25. Chardan Capital Markets advised their investors in a research report released on May 16, 2016.
In a different news, on Aug 26, 2015, Richard C Jr Henriques (director) purchased 1,000 shares at $6.95 per share price.
Arbutus Biopharma Corp formerly Tekmira Pharmaceuticals Corporation is a Canada-based biopharmaceutical company focused on discovering developing and commercializing a cure for patients suffering from chronic hepatitis B infection a disease of the liver caused by hepatitis B virus (HBV). The Company seeks to effect a cure by targeting the three pillars necessary to develop a curative regimen for HBV. This includes suppressing HBV replication within liver cells stimulating and reactivating the bodys immune system so that it can mount an effective defense against the virus and eliminating the reservoir of viral genomic material known as covalently closed circular DNA or cccDNA that is the source of HBV persistence.