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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 a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to large organizations in return for up-front and milestone payments as well as royalties. Its two most advanced programs are the cosmetic skin lightener and diabetes drug. The Company's TFC-1067 is for the treatment of Dyschromia (Dark spots on the skin). GlycoProteMim is a novel anti-aging compound. GlycoProteMim is based on the naturally occurring glycoproteins found in Antarctic fish, known to protect them against environmental stressors. It is focused on three current antiviral categories: Neuraminidase Inhibitors, Nucleoside Analogs and Iminosugars. Its wholly owned subsidiary is TFChem S.A.R.L.


TSXV:SBM - Post by User

Bullboard Posts
Comment by KingWhatsion Dec 20, 2012 2:26pm
119 Views
Post# 20756998

RE: RE: RE: More insider buying

RE: RE: RE: More insider buying

Thanks stockarchangle, that makes a lot of sense. I'm looking for the best entry and would hate to pay 75% more than necessary. I'm going to give it a few days to see if it holds around 8 or not. TA is not a perfect science for pennies especially when breaking news is imminent but it helps.

One other consideration is that the insiders would probably make their buys well in advance of any earth shattering developments to avoid the appearance of any inpropriaty. Given that, i agree with your estimate of 2 to 3 weeks. Time will tell.

 

Bullboard Posts