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biOasis Technologies Ord Shs BIOAF


Primary Symbol: V.BTI.H

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

Comment by Boomskidon Oct 05, 2023 10:12am
143 Views
Post# 35670890

RE:RE:RE:RE:RE:RE:RE:RE:RE:I sure like this Jon

RE:RE:RE:RE:RE:RE:RE:RE:RE:I sure like this JonThis is the lazy part about you, zwerp. There is lots of proof that xB3 works. We know that you won't read the literature but the Texas Tech and MedImmune scientific papers represent a good start. Denali is certainly proving that RMT is worth pursuing. It's market cap is still almost US$3 billion. That's because they did the work that Bioasis never even attempted to do in any meaningful way.

The most compelling proof of confidence in xB3 are the hoops that Rathjen, LT, and The Placee jumped through to acquire Bioasis. Why would they want it if it didn't work?

If xB3 (Bioasis) is sold, as I believe it will be soon, we'll have our proof of that confidence. Then we'll sit back and watch others make a lot of money from it.

About nobody picking up xB3 for nothing, that's what LT and The Placee tried to do. That's a fact, zwerp. The Midatech shareholders turned it down because their resulting ownership percentage of Biodexa was almost worthless. They had the smarts to turn the deal down, something Bioasis shareholders didn't do.

About a pharma picking up Bioasis for nothing, I don't believe that Rathjen would ever have allowed it. I suspect that any overtures from pharmas were extinguished by Bioasis. I suspect that she would have, or has, discouraged it. My guess is that no pharma would touch Bioasis after LT got their hooks into Rathjen. Total uncertainty was created by that relationship. And when xB3 was downplayed in Bioasis literature, Bioasis projects were shelved, and Cresence was acquired, my guess that the common feeling was that there is a problem with xB3.

Was the Cresence fiasco LT's idea? Was it the diversion that LT might have wanted in order to acquire xB3 for nothing? Did they know that the Bioasis share price would collapse because of that and because of the acquisition terms that would have left Bioasis shareholders with 3 or 4 percent of a Biodexa that sold off the xB3 platform, Rathjen, and Saltarelli to a private venture firm?

You're ignoring the facts, zwerp, mostly because you're too lazy to learn them. Further, you don't know enough to figure stuff out. This all went down like a Grisham novel, for goodness sakes. Maybe you should read some of them, too.

jd
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