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News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Healthcare Biotechnology
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

biOasis Technologies Ord Shs > This is why i love this board
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Comment by zwerp2000on Jan 23, 2023 7:38pm
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Post# 35241114

RE:RE:This is why i love this board

RE:RE:This is why i love this board So then, as i asked prophetofabsurdity, what happens now? BTI has no money, debt obligations that are coming due within the next month or so that they can't pay, an inept CEO and management.  Presumably the company shopped their platform around and couldn't find anyone to buy into it and save them. For years the company did nothing to advance its pipeline and now all of the sudden things will change? No white knight came or is coming.  This MTP deal was, i believe, their last hope. So my presumption now  is that the next thing we hear is that with MTP stepping aside and the mounting debt obligations coming due with no way of paying them, the company will wind down their business and go bye-bye 
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