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Satellos Bioscience Inc Com V.ICO


Primary Symbol: ICOTF

iCo Therapeutics Inc is a Canada based biotechnology company. It is involved in the Research and development of ophthalmic indications. The company identifies, develops, and commercialize drug candidates with clinical history, and re-doses, reformulates and develops these drug candidates to treat sight and life-threatening diseases. Its in-licensed assets are iCo-008 and the Oral AmpB Delivery System. iCo-008 is a human monoclonal antibody targeting eotaxin-1 that acts as a messenger between...


GREY:ICOTF - Post by User

Post by SuperMoneyon Sep 06, 2017 9:15pm
131 Views
Post# 26664316

2017 September Presentation

2017 September Presentation
 
(Warning: The followings are generally quoted from this presentation based on my understanding, which may not be accurate. Please read the presentation by yourself for the details.)
 
iCo-008:
 
Out-licensed systemic uses to Immune Pharmaceuticals
 
  • $500,000 USD upfront payment;
  • Max. $32,000,000 USD in potential milestones;
  • 654,486 shares & 123,649 warrants;
  • Royalties on net sales;
  • Retain WW rights to ocular indications.
Phase2 clinical data (UC, BP) completion in H1 2018.
OralAmphotericin:
  • Significant and growing intellectual property base (12 issued patents to date).
  • AmBisome®, $388M in sales 2014.
  • Unmet need: oral formulation.
  • Potential to deliver other highly insoluble assets in carrier system.
A Phase 1, Placebo-controlled, Dose Escalation Study to Evaluate the Safety, Tolerability, and Pharmacokinetics of a Single Dose Administration of Oral Amphotericin B in Healthy Volunteers
  • Australian IRB submission & drug manufacture in H2 2017;
  • Phase 1 clinical study completion in H1 2018.
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By the way, ICO will give a presentation at 19th Annual Global Investment Conference. Please see the website at:
Hopefully, something good will come out from this conference.
I personally think ICO has very strong fundamentals with great potential. 
Quote by Warren Buffett: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
Always do your own due diligence and invest wisely.
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