BELLUS Health Inc BLUSD

Primary Symbol: T.BLU

Healthcare Biotechnology

BELLUS Health Inc. is a clinical-stage biopharmaceutical company developing therapeutics for the treatment of refractory chronic cough (RCC) and other cough hypersensitivity indications. The Company's lead product candidate, BLU-5937, which is a selective, small molecule antagonist of the P2X3 receptor, as an oral therapy to reduce cough frequency in RCC patients. The Company has completed the BLUEPRINT clinical trial, a Phase II trial evaluating BLU-5937 in patients with chronic pruritus associated with AD. The Company is focused on initiating Phase III program. The Company is exploring the use of BLU-5937 in other patient populations experiencing cough hypersensitivity as well as other P2X3-related hypersensitization conditions.

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BELLUS Health Inc

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Post by inforcashon Sep 09, 2009 8:53pm

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Post# 16291810

Ownership Conspiracy?

After the several previous news releases, one has to wonder what is going on with the ownership of this company. Obviously the Bellini family is knee deep in this and so one must wonder if the 'financing' was orchestrated. For example, trying to understand the spiderweb of organisations mentioned during the past restructurings and recent rigts offering simply blew my mind...

I discovered a new site the other day that links EDGAR and SEDAR information. If you search for Bellus or Neurochem you get a bunch of hits for common names: Power Corporation, FMRC Trust (Franchesco Marisa Roberto Carlo--the Bellini family), Pichhio, Vitus Investments III Private Limited, Victoria Square Ventures Inc., etc. etc...Something funny is that many of the registered legal addresses are the same. Is this some kind of tax scheme?

Look at this link from a couple years ago shows you how many companies are tied together---check out page 11: https://www.team-italia.ca/news/000012Dicembre07/Picchio%20Group%20-%20InvestAwardPresentation.pdf

For example, Lise Hebert, Neurochems ex VP communications, just happens to be the President of Klox Technologies Inc., a company located at the same site as Bellus. If you look at the QC registry of companies, you will see that Pichhio, Franchesco and Carlo Bellini are also administrators. Check it our for yourselves: https://ssl.req.gouv.qc.ca/igif-bin/isl08tr1/cidreq/ Liscence # 1165164022.

Seems people leaving Neurochem/Bellus get recycled into other companies in the same family...Does anyone know what happened to some of the others who left Neurochem?

If anyone has a clue what is going on, pls inbox me. The way I see it, this company is so 'tied' that as a shareholder we will do really well or get really burnt...seems ownership cycles around, weeding out the common shareholder, and gravitating towards the coomon names i mentioned above. I kind of feel like the Italian mafia is behind this, since Italy pops up EVERYWHERE. I was always told to watch out for Italians...Do you think the AMF knows whats going on?

IFC