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biOasis Technologies Ord Shs 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.


GREY:BIOAF - Post by User

Comment by prophetoffactzon Jan 09, 2023 9:48pm
94 Views
Post# 35212529

RE:RE:RE:RE:RE:Chiesi

RE:RE:RE:RE:RE:Chiesi".... but JD I am going to say that maybe just maybe  Chiesi  knows more than about xB3 than you!

To me it's pretty clear they are not interested in xB3!"

That's not the distinct impression BTI left in its recent presentation concerning the merger. Rathjen, Saltarelli and Mei Mei are also on Chiesi's xB3 Advisory Board and they switched BTI's lead xB3 asset from xB3-001 to a Lysosomal Storage Disorder(Hunter) which is what Chiesi is focused on. Would BTI have done that if Chiesi hit a roadblock? Biodexa also afirms Hunter as its lead xB3 asset. Preclinical results for Hunter are expected in Q2. To compete in Hunter BTI has to go head-to-head against Denali which has a lead in Hunter of years. The Chiesi results should be pretty good. Being on Chiesi's xB3 Advisory Board Saltarelli has also stayed with BTI and now Biodexa. He doesn't have to stay and could easily go elsewhere given his history of success. BTI also changed its strategic focus to Lysosomal Storage Disorders, inflammation, and neurodegeneration. It also signed the deal with Oxyrane for Gaucher's which is the largest Lysosomal Storage Disorder.

Chiesi could have European and US FDA approval for Fabry in the first half of this year. This could make it a strategic player in Lysosomal Storage. If it wants to build on its position Lysosomal Storage its interest in xB3 will be key as the rush to deliver enzyme to the brain is underway. Denali is leading the way. Biodexa's preclinical results to be released in Q2 may show why Bodexa is willing to go head-to-head against Denali.
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