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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

Comment by lovingoldon Dec 15, 2022 4:33pm
133 Views
Post# 35174329

RE:RE:RE:RE:RE:I would like to see…

RE:RE:RE:RE:RE:I would like to see…our hope is the
1. XB3 is monotized...
Of course it will be monitized in several possible ways:
a/ by a sale or partnership of the xB3-001 program (Herceptin for brain cancer)
b/ moving internal programs such as xB3-008 (Hunter Syndrome) into the clinic
c/ partners such as Chiesi, Neuramedy, Johnson & Johnson (Janssen) eventually completing their studies and achieving milestones. And just because these milestones have not been hit yet doesn't mean they won't be in the future. Studies can take longer than planned, can morph into bigger studies, or involve delays that have nothing to do with Bioasis or xB3.

2. The FDA glioplastoma "fast track trial is successful".
Very true. And rare disease druges have exclusivity for 7+ years and high price tags so are very, very valuable profit machines for pharma.
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