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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

Post by str8goods4achgon Jun 13, 2022 5:28pm
170 Views
Post# 34753459

Linda's deal sheet - detailed numbers are not the norm

Linda's deal sheet - detailed numbers are not the norm

Take a look at Linda's deal sheet. If deals do have numbers, it is just upfront. A few large deals don't have upfront, half of the midsize deals have upfront and no small deals have numbers. This is normal course of business between big pharma and tiny biotechs. You want to play in the space... you play by big pharma rules. Don't think for a second retail investors can demand anything different. 

In my opinion, this is a very encouraging deal. I have a lot of confidence, given Linda's negotiating experience, that the deal's value is fair and bodes well for SBM future.

Congrats to Sirona's team. It took longer that all of us would have liked, but in the end Well done!


GLTA

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