TSXV:BTI.H - Post by User
Comment by
Boomskidon Feb 24, 2023 9:35pm
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Post# 35304812
RE:Protalix
RE:ProtalixYes, Protalix likely has a continuing relationship with Chiesi, as I post back in 2020. Therefore, Protalix likely has a relationship with Bioasis.
Unfortunately, Bioasis has already been paid by Chiesi for its LSDs. Future developmental, regulatory and commercial milestone payments are set at an average of $34.5 million per LSD. There is also a royalty that can't come into play for many years.
So who TF cares what Chiesi is doing with non-xB3 drugs? Bioasis needs deals and money right now, not someday if approval of an xB3 version of PRX-102 is expected.
poof is trying to puff up the Chiesi thing. Unless Chiesi makes a deal right now with Bioasis for xB3-004 or something, then what Chiesi does is meaningless to Bioasis and its shareholders.
jd