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Noxopharm Ltd V.NOX


Primary Symbol: NOXOF

Healthcare Biotechnology
Noxopharm Limited is a biotech company. It is engaged in discovering and developing novel treatments for cancer and inflammation, including a pioneering technology to enhance messenger ribonucleic acid (mRNA) vaccines. It utilizes specialist in-house capabilities and partnerships with researchers to build a pipeline of new proprietary drugs based on two technology platforms: Chroma (oncology) and Sofra (inflammation, autoimmunity, and mRNA vaccine enhancement). Chroma is a technology platform focused on the development of multiple drug candidates, primarily for cancer treatment. The Sofra technology platform has a pipeline of proprietary drugs based on oligonucleotides, the building blocks of deoxyribonucleic acid (DNA), with a focus on mRNA vaccines and the treatment of autoimmune and inflammatory diseases. SOF-VAC has applications in the treatment of excessive inflammatory responses associated with specialized inflammatory receptors in the body known as Toll-like receptor 7.


OTCPK:NOXOF - Post by User

Noxopharm Ltd > NOX BEGINS PROGRAM ON
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Comment by ArtVandelay4on Jan 16, 2013 12:25pm
126 Views
Post# 20845464

RE: RE: RE: RE: RE: RE: RE: NOX BEGINS PROGRAM ON

RE: RE: RE: RE: RE: RE: RE: NOX BEGINS PROGRAM ON

Hi all,

I agree that it is impossible to know the true angle, if any, on this.  I personally think it is good that drilling has begun, regardless of who is paying for it.  I also have trouble believing that the new resource estimate for phase 2 will not be good news, considering the results that were release during the program - But I am not a geologist.  Regardless of all that, i have a Question.  The option with Aurizon was to spend $20 Million over 3 years to earn 50% (with resource payment).  That was July 2010, if Aurizon does not spend the full $20 Million by July 2013, is the option still available.  The point I am trying to make is that ARZ or the new owner wil not be able to spend the required further $9 M by July 2013, expecially with the hostile bid, etc. now going on - does that have any bearing on the option agreement.  Now, i am sure NOX would have the ability to extend the dates, but would they want to?

Thanks in Advance

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