TSXV:BTI.H - Post by User
Comment by
prophetoffactzon Jan 20, 2023 10:27am
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Post# 35235409
RE:RE:RE:RE:RE:RE:2-million-dollar fee
RE:RE:RE:RE:RE:RE:2-million-dollar fee""Put a logical finance plan together for a 0 or Plb trial on xB3 into action in Canada"
how much time/years for this to happen?? How much time & money to get the new bod ,ceo etc etc in place before the aboce even happens?"
The logical plan to do what is right for the business is to wipe out the debt, create a path to a two year cash runway to key catalysts, pick up scale as with Midatech to support stronger deals, pick up a complementary asset for xB3 such as Midatech's glioblastoma drug which significantly expresses the same receptor xB3 uses, pick up a complementary technology to xB3 such as Midatech's Q-Sphera which can create extended release drugs helping to potentially further differentiate xB3 drugs from the competition, and pick up clinical trial assets such as Midatech's which could create a cash runway to support a pipeline of development stage assets in the future thereby limiting dilution.
"It's also essential to recognize one of the main receptors Transcend utilizes to trick the brain into opening the BBB is expressed in important regions of the brain, including areas critical to learning, memory, mood and impulsivity. This receptor is significantly expressed in glioblastomas and in key areas of the brain involved in a plethora of psychiatric and neurological diseases. I think these represent very intriguing targets for biOasis." 2017 news release
Doing what's right for the business can ultimately pay off in the end.