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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Healthcare Biotechnology
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

Sirona Biochem Corp > AbbVie lowers Q2 and FY 2022 guidance on acquired R&D assets
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Comment by MirrorWorldManon Jul 07, 2022 5:52pm
258 Views
Post# 34809717

RE:RE:RE:AbbVie lowers Q2 and FY 2022 guidance on acquired R&D assets

RE:RE:RE:AbbVie lowers Q2 and FY 2022 guidance on acquired R&D assets$200MM is not unusual for Big Pharma to pay a bunch of white coats for the rights to their molecules. Novartis paid that to a small group of 10 scientists 2 decades ago for the rights to 3 C-Reactive Proteins they developed if I recall. 
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