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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Healthcare Biotechnology
Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to large organizations in return for up-front and milestone payments as well as royalties. Its two most advanced programs are the cosmetic skin lightener and diabetes drug. The Company's TFC-1067 is for the treatment of Dyschromia (Dark spots on the skin). GlycoProteMim is a novel anti-aging compound. GlycoProteMim is based on the naturally occurring glycoproteins found in Antarctic fish, known to protect them against environmental stressors. It is focused on three current antiviral categories: Neuraminidase Inhibitors, Nucleoside Analogs and Iminosugars. Its wholly owned subsidiary is TFChem S.A.R.L.


TSXV:SBM - Post by User

Sirona Biochem Corp > New Press Release - Sirona Biochem Launches Cosmetics Subsidiary- Sirona Laboratories(TM)
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Comment by lscfaon Jan 15, 2024 11:48am
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Post# 35827048

RE:RE:New Press Release - Sirona Biochem Launches Cosmetics Subsidiary- Sirona Laboratories(TM)

RE:RE:New Press Release - Sirona Biochem Launches Cosmetics Subsidiary- Sirona Laboratories(TM)

SBM mkt cap $30M.  If they raise $10M for a 25% stake in Sirona Labs then 1326 is worth $40M on its own.




lscfa wrote: It's an attempt to raise funds via a non-public subsidiary at a price level that is higher than SBM's public stock price. Still dilution.

 

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