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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

Comment by Pareto8020on May 05, 2021 12:14pm
110 Views
Post# 33132529

RE:Rinse and Repeat

RE:Rinse and RepeatSorry looks like I can't cut and paste but here were their forecasts from 2016:

TFC1067:

2016E
Upfront payment of $90M in Q2 (**)

2019E
Milestone payment of $98M (**)

2020E
Ongoing royalties totaling $715M (**)

Material Assumptions / Factors
Assumes exclusiveworldwide rights
•Peak penetration at year 10 = 15%.
•10 yearsales period from 2019 to 2028. (20 year patent protection).

Material Risk Factors
1067 is not licensed to a major corporation.
•Unfavorable testing results.
•Change in business priority of potential partner.
•Merger or acquisition of a potential partner creates unexpected delays.

TFC039 Diabetes projections:

2016E
$300K milestone payment in Q2

2017E
$500K upon IND filing

2018E
$500K
Phase I

2019E
$1.5M
Phase 3 CTA

 

 


 

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