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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 Haidukon Sep 18, 2019 5:31pm
151 Views
Post# 30140976

RE:Stock looks weak

RE:Stock looks weak
The (exuberant) upfront payment is on old story (anyhow, this information will be available on the next quarterly statements but do not expect an important amount); the model has changed and is now focused on sales.

Personally, I was not expecting the disclosure of such financial elements.

As for the technical analysis, while I greatly appreciate your comments and inputs, I consider that the market still has to realize the importance of this deal. I am in for medium / long term (since 2013) and short term hiccups are irrelevant in this aspect.
Bullboard Posts