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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with proprietary platform developed at its laboratory facility in France. Through its wholly owned subsidiary TFChem S.A.R.L., the Company specializes in stabilizing carbohydrate molecules. The principal activities of the Company include development of cosmetic and pharmaceutical active ingredients. TFChem develops and markets its GlycoMim technology for pharmaceutical and biotechnology comp anies. TFChem’s proprietary chemistry technology can be applied to the development of several pharmaceutical domains such as cancer, diabetes, pain and inflammation and cardio-vascular diseases. Its cosmetic therapeutic area includes skincare-dark spot corrector (Rx & OTC), cell preservation and repair (including keloid and scar therapy), skincare-anti aging/anti-wrinkle and skincare-cellulite treatment. It has developed an active ingredient, TFC-1067 for the treatment of Dyschromia (Dark spots on the skin).


TSXV:SBM - Post by User

Comment by forhandlarenon Apr 16, 2024 12:06pm
94 Views
Post# 35991699

RE:RE:RE:RE:New 52 week low

RE:RE:RE:RE:New 52 week low Worst case they can always sell a project, like the Abbvie contract.

There will not be a default since there are unleashed value in the projects and scientific platform.

The first sell-off was triggered by the private placement that was reckless to launch just after securing a loan and positive NR round the corner. The management should be blamed.

For some strange reason people started to sell triggered by the AGM, which is a non-event. There hasn't been any material NR in conjunction to the AGM and it will never be. This one is on us as shareholders.

But in the end of the day there's good enough value in the company to ensure most if not all investors to end up even in the worst case. The share price does not reflect current value.

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