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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 MirrorWorldManon Jun 22, 2022 1:52pm
193 Views
Post# 34774673

RE:Suspicion

RE:SuspicionInteresting that Howie wants to attract Institutional investors as well.  The insti's will not buy on the open market and likely will receive a placement, which is what Howie would like based upon his desire to continually dilute and raise funds for the coffers.  The hidden issue is  why would he want to dilute if the Abbvie deal is so lucrative? Shouldn't the deal provide enough operating income? Or does Howie need the money to carry out the plethora of plans he announced?  Attracting Insti's also allows for more manipulation by those bodies.
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