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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  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.


TSXV:BTI.H - Post by User

Post by Boomskidon Mar 01, 2023 2:28pm
156 Views
Post# 35313137

Gaucher Disease

Gaucher DiseaseThere was a reference to gene therapy and Gaucher Type 3 (GB3) pasted here by poof.

I don't know what poof is trying to do because the news is hardly helpful to Bioasis. I've been posting for ten years that Bioasis was missing the commercial window for LSD enzyme replacement therapies (ERT) due to the eventual replacement of ERTs by gene therapies.

It's striking in the news release that the patient's parents no longer have to get up at all hours of the night to treat their child and that ERT has been discontinued, meaning, no revenue for the pharma  that was supplying the ERT. That's the future.

Although there is remaining commercial value in enzyme replacement therapies, the number of years of value is dropping and may drop to insignificance in the mid term.

But the big question for me has been why Bioasis and poof have been ignoring the huge value of brain tumours, neuroinflammation, and neurodegenerative diseases while pumping EGF, Hunter syndrome and Gaucher. 

To me it means that poof and Bioasis have a common purpose of diminishing xB3's value in Bioasis's hands compared to its value in somebody else's hands, and that is very suspicious.

jd
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