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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in particular biological products, across the blood-brain barrier (BBB). It is focused on both orphan drug indications, including brain cancers, and rare genetic neurodegenerative diseases and neuroinflammatory conditions. The Company is also focused on its Epidermal Growth Factor (EGF) platform for treating rare and orphan neurodegenerative and neuroinflammatory disorders. EGF is a protein that stimulates cell growth and differentiation, notably for myelin producing cells. Its development programs include xB3-001: Brain Metastases, xB3-002: Glioblastoma and xB3-007: Neurodegenerative Disease.


TSXV:BTI.H - Post by User

Post by zwerp2000on Dec 14, 2022 5:35pm
228 Views
Post# 35171938

Everyone needs to relax!

Everyone needs to relax!I know those that are still here are angry but did you expect? The ceo is a lightweight and never followed through with any of her promises and plans. The stock was near a 52 week low. The pipeline never materialized and moved forward. Prothena did nothing with the technology. Chiesi did nothing with the technology. I think it is just time to wake up and finally realize that the BBB platform technology was worthless. Sorry, but it is. No one had any interest, in all of these years, to push it forward. Yeah, the company at times hinted there was a huge demand but that was just fluff and smoke and mirrors. The truth is, the technology had no real utility.

Now I know some are angry about this deal which seemingly is horrible for shareholders. However, what did you expect? When you have a company with a failed platform and no money that is about to die, what kind of fantastic deal did you think was out there to be signed?? There wasn't any so this deal, which admittedly sucks for shareholders, was probably the only one available that could keep this company alive
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