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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 MirrorWorldManon Apr 05, 2018 10:49am
166 Views
Post# 27835641

RE:Time to think

RE:Time to thinkThe big difference here is that over the last 3 years there was reasonable optimism for 1067 supported by enthusiastic comments by management of a deal by (supposedly) interested partner(s).   Either their enthusiasm was feigned or they were just extremely naive, both scenarios are not good. They have no expected upfront revenue for 1067 in their 2018 cash flow projections, which means there is no deal. There has been nothing material accomplished outside of the Wanbang deal in 2012, except for excessive rhetoric about SBM trying to sell more molecules and spending more money on this or that test, or attending this or that conference. There are no fruits to their labour and expenses. If it wasn't for the SGLT2 deal their stock will be worthless.  Go ahead Mr. Verrico, prove us wrong and save a thread of credibility to your rhetoric. 
Bullboard Posts