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Bioasis Technologies Inc. V.BTI

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a multi-asset rare and orphan disease biopharmaceutical company developing clinical stage programs based on epidermal growth factors and the xB3™ platform, a proprietary technology for the delivery of therapeutics across the blood brain barrier and the treatment of CNS disorders in areas of high unmet medical need. The in-house development programs are designed to develop symptomatic and disease-modifying treatments for brain-related diseases and disorders.


TSXV:BTI - Post by User

Post by zwerp2000on Dec 14, 2022 5:35pm
190 Views
Post# 35171938

Everyone needs to relax!

Everyone needs to relax!I know those that are still here are angry but did you expect? The ceo is a lightweight and never followed through with any of her promises and plans. The stock was near a 52 week low. The pipeline never materialized and moved forward. Prothena did nothing with the technology. Chiesi did nothing with the technology. I think it is just time to wake up and finally realize that the BBB platform technology was worthless. Sorry, but it is. No one had any interest, in all of these years, to push it forward. Yeah, the company at times hinted there was a huge demand but that was just fluff and smoke and mirrors. The truth is, the technology had no real utility.

Now I know some are angry about this deal which seemingly is horrible for shareholders. However, what did you expect? When you have a company with a failed platform and no money that is about to die, what kind of fantastic deal did you think was out there to be signed?? There wasn't any so this deal, which admittedly sucks for shareholders, was probably the only one available that could keep this company alive
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