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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 prophetoffactzon Jun 09, 2023 3:18pm
257 Views
Post# 35489056

RE:RE:RE:New Questions

RE:RE:RE:New Questions"Well, a LinkedIn post! What better evidence would one want?"

Linkedin like a cherry on top:

1) J&J signed the multi-product option deal.
2) Midatech's CEO hyped BTI's xB3 partnerships and Armistice Capital agreed to finance the BTI/Midatech merger. Ladenberg Thalmann was involved. The merger only tried to raise US$10 million and I believe they expected additional funding from deals to strengthen the cash runway. 
3) J&J extended, expanded, and paid a small milestone for its xB3 option deal signifying success.
4) Chiesi, Neuramedy, and Prothena signed an xB3 deal, etc., so xB3 deals aren't without precedent. 
5) I believe the Chiesi deal is still active suggesting advancement of xB3(no roadblocks).
6) Rathjen has liked a J&J post and there are likes from J&J at an important time in the option agreement. The liked BTI post affirmed xB3's science.
7) We should see a 'Saltarelli' - a deal consistent with his success and the exercise of the J&J option would be consistent with this.
8) BTI has been waiting for something it appears. The J&J expiry was originally Jan 31. 2023. We are overdue. 
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