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Kane Biotech Inc. V.KNE

Alternate Symbol(s):  KNBIF

Healthcare Biotechnology
Kane Biotech Inc. is a Canada-based biotechnology company. The Company is engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. It has a portfolio of biotechnologies and products, which includes StrixNB, DispersinB, Aledex, bluestem, bluestem, silkstem, goldstem, coactiv+, coactiv+, DermaKB and DermaKB Biofilm. Its Wound Care & Surgical division is focused on the product development of DispersinB for applications in chronic wound care. Its bluestem product line includes water additives, chews, spray and dental wipes. Its other products in development stage include Coactiv+, antimicrobial wound rinse for use in acute and chronic wounds; Coactiv+, antimicrobial surgical hydrogel for use in surgical and acute wounds, and DispersinB Gel for prosthetic joint infection. It also provides Scalp Detoxifier, Shampoo and Shampoo Bars. Its primary markets for its technologies are animal health and human health.


TSXV:KNE - Post by User

Kane Biotech Inc. > New Press Release - Kane Biotech Announces Agreement in Principle for the Sale of its Interest in STEM Animal Health
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Comment by francoisl13on Apr 11, 2024 12:08pm
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Post# 35983500

RE:RE:RE:New Press Release - Kane Biotech Announces Agreement in Principle for the Sale of its Interest in STEM Animal Health

RE:RE:RE:New Press Release - Kane Biotech Announces Agreement in Principle for the Sale of its Interest in STEM Animal HealthSTEM Animal was sold to Dechra Pharmaceuticals. An interesting point to note is that Kane/Animalcare and Dechra will jointly developed new products for the animal health market.
Link to Animalcare press release
Based on the Animalcare press release, that provides a little more information on the future relationship between the three companies, I think that the deal is a pretty good one -- better than just 'good' or 'fair' as previously stated by RoyMax and I.
GLTA!
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