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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
Post by bealerton Feb 15, 2019 5:56pm
96 Views
Post# 29373503

Engcan wrote: Why now Howard?

Engcan wrote: Why now Howard?I can tell you why now, and that's because they most likely have accumulated such debt they have to pay themselves off and probably leave very little for development costs as usual. This is another 5.5% dilution of existing paper. I wonder what will happen to the share price on Monday AM??? Any speculation? From a business point of view, this is a very skeptical venture and I sure hope they can turn it around by end of April/19. The pp pricing and warrant pricing really slay me, period. BeAlert, and stay alert.
Bullboard Posts