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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 Boomskidon Jan 17, 2023 1:04pm
102 Views
Post# 35228452

RE:If you believe in xB3...

RE:If you believe in xB3...I wrote a piece about ten years ago about the commercial dangers of licensing diseases rather than therapeutics. No company should be able to buy an exclsive xB3 license for a disease.

I highly doubt that Midatech has THE answer for glioblastoma. The odds are simply against it. 

The original payload for xB3-002 for glioblastoma was Avastin® (bevacizumab). Who knows what the ultimate solution may be? One thing for sure, xB3 should be available for any and all uniquely efficacious treatments for any disease, including glioblastoma.

If xB3 works as hoped, there are ethical considerations for its use. Inferior treatments can't be made into the best available treatments just because they can be exclusively transported across the BBB by xB3. 

Such a strategy could delay the delivery of better drugs for years, and limit the owner of xB3 to the one solution rather than a suite of solutions, all earning revenue.

But like so many business concepts at Bioasis, this one was not exploited as a policy. It just faded away...

jd
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