TSXV:BTI.H - Post by User
Post by
TechnicalBuyon Aug 05, 2011 1:06pm
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Post# 18908981
We're close to what could be a defining moment for
We're close to what could be a defining moment forI continue to accumulate. I was hoping that the latest pullback would give me a cheaper price but no luck. Looks like the word is getting out.
The Herceptin news has really spurred other pharmas to take a good look at BTI's technology. Not because they were interested in taking a piece of the $6bn Herceptin sales pie, but rather because they see potential for a scientific breakthrough in the fight against central nervouse system diseases.
I mentioned this in my BTI article before, crossing the blood brain barrier is the holy grail of the CNS research. Many pharmas have spent a lot of money on BBB research, namely because the payout would be fantastic. This is a $100bn market. What Bioasis has is in a way invaluable. If it works out we could be looking at $100s of millions in annual revenue from licensing agreements.
In-vivo results for Herceptin will be very interesting and could be a defining moment for Bioasis. Only weeks away...
TB