biOasis Technologies Ord Shs BIOAF

Primary Symbol: V.BTI.H

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.

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biOasis Technologies Ord Shs > More questions from a turnip...

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Comment by TheTruth1234on Dec 04, 2023 6:45pm

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Post# 35768028

RE:More questions from a turnip...

InitiumMMXXIII wrote: In addition to the questions I asked in my "Advice from fuzzy" post, here are some others:

Did any pharma ever make overtures to Bioasis to acquire Bioasis?

If so, were the inquiries turned away because Bioasis knew that xB3 didn't work and selling the company would expose that?

Or were there inquiries turned away because if Bioasis were to be acquired at all, management wanted it to be by a private venture capital group (like the LT and The Placee group) so that Bioasis management could join that group and go along as a partner for the financial win? (Such a win for Bioasis management would be highly unlikely with an acquisition by a large pharma.)

Were there any pharmas who gave up their work with Bioasis because they saw how incompetent Bioasis management was?

Or were there any pharmas who gave up their work with Bioasis because they saw how Bioasis was progressing on a deal with a group that the pharma would never do business with, or because they couldn’t trust that group to respect and protect the pharma’s interests in their xB3 projects?

Did the shelving of xB3-001, the acquisition of the Cresence EGF stuff, the downplaying of the xB3 pipeline in corporation literature and promotions, and the pumping by Bioasis of the EGF “assets” convince any current or potential Bioasis partner or licensee that Bioasis no longer had confidence in xB3?

If so, was that part of the plan with Ladenberg Thalmann, to scare suitors (like Ellipses) away so it would appear to Bioasis shareholders that only a deal like that with LT and The Placee was possible?

Was (is) Rathjen capable of any of that stuff?

I got these questions from somebody else because I am too uninformed and stupid to come up with them all by myself.

jd