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Satellos Bioscience Inc ICOTF


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

Satellos Bioscience Inc. is a Canada-based biotechnology company. The Company is engaged in developing new small molecule therapeutic approaches to improve the treatment of muscle diseases and disorders. The Company is focused on the research in muscle stem cell polarity into a proprietary discovery platform, called MyoReGenX, to identify degenerative muscle diseases where deficits in this process affect muscle regeneration and are amenable to therapeutic intervention. With this platform, the Company is building a pipeline of therapeutics to correct muscle stem cell polarity and promote the body’s innate muscle repair and regeneration process. The Company’s lead program is an oral, small molecule drug candidate in development as a potential disease-modifying treatment for Duchenne muscular dystrophy. It has wholly owned subsidiaries in Australia (Satellos Bioscience Australia Pty Ltd), in Canada (Amphotericin B Technologies, Inc.) and in Delaware, USA (Satellos Bioscience US, Inc.).


TSX:MSCL - Post by User

Post by ForexWhaleon Oct 18, 2018 12:51pm
42 Views
Post# 28828293

1.5 million volume today already

1.5 million volume today already
good sign and still the price is 0.09 so holding well. Not mandatory it will touch lower BB on higher time frames. more potential for upside.

This is already undervalued by a huge amount compared to potential so nothing changed since that rally to 27. Only improvements happened and funds dried up a bit which was expected with Phase 1 study. That gap from 2014 will close. Entry points are subjective. For me the upside is so much that even now is the right time to buy it. Anyways just my opinion. Good luck with your strategy.

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