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Satellos Bioscience Inc ICOTF


Primary Symbol: T.MSCL Alternate Symbol(s):  MSCLF

Satellos Bioscience Inc. is a Canada-based a drug discovery and development company with a focus on muscle regeneration. The Company is focused on developing medicines to treat degenerative muscle conditions. Its MyoReGenX platform is specifically designed to recreate the specialized muscle stem cell niche in vitro. MyoReGenX platform enables to map pathways which modulate muscle repair and regeneration, identify, and confirm drug targets, and test drug candidates for their ability to restore muscle stem cell repair mechanisms that have been impaired by genetic mutations, disease or injury. Its lead program is an oral, small molecule drug candidate in development as a disease-modifying treatment for Duchenne muscular dystrophy. Its iCo portfolio includes Oral Amp B Delivery System, a patented oral transport technology and Bertilimumab a human monoclonal eotaxin antibody with potential to treat a range of allergic and inflammatory conditions mediated by eotaxin-1.


TSX:MSCL - Post by User

Post by DrHolidayon Jun 27, 2018 4:32pm
230 Views
Post# 28240046

Bold prediction

Bold predictionI`ll stick my neck out here, and predict that ICO will trade on heavy volume again tomorrow with another green candle and close at .225. 

At .225 cents, this is still a modest valuation of $19 million CDN, especially with Oral B Amphotericin on it`s way to corner the market and save millions of people from disease and suffering.

A $100 million market cap would yield a price of $1.20 CDN based on the current 84 mil outstanding. In a billion dollar market for this drug, it is entirely reasonable to think this possible.

DOC.
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