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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by beechguyon Sep 19, 2014 8:47am
303 Views
Post# 22951169

Seeking Alpha article excerpt

Seeking Alpha article excerptin case you missed it. ******* BNHLF Scouting for asymmetric opportunities in the small caps universe, I discovered Bioniche Life Sciences (US listing: BNHLF, Toronto: BNC.TO). This company is: •A full-fledged Phase III biotech. The test results were so good that FDA has allowed Bioniche to file for market approval in Q1 2015. •Addressing a $1 billion large and critically unmet medical need in bladder cancer with a ground-breaking technology. •About to receive an Orphan Drug Designation. •Fully funded. Bioniche has ample cash, and virtually no debt. You would expect such a company to be valued at $150 million minimum. That's a minimum, most Phase III biotechs are valued much higher. Not so in this case: the market values Bioniche at a mere $25 million. This doesn't make any sense. Bioniche is so ridiculously undervalued - exceptionally low valuation for a Phase III biotech stock - that it could be today's most undervalued biotech stock on the market. Read more at https://www.stockhouse.com/companies/bullboard/t.bnc/bioniche-life-sciences-inc#wcgbObdOcFFz8fw1.99
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