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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

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

Comment by biorunon Feb 20, 2024 11:26am
130 Views
Post# 35888928

RE:RE:Big ask at 10

RE:RE:Big ask at 10That is what happens, every time. No surprise.

Note I am aware of another company that made an offer to do a private placement, then before the placement was finalized, the stock flew by a factor of 3x!. The decision was that the company had the right to continue the placement at the earlier agreed price.. of course as the price rose, the pp interest went up accordingly and ended up oversubscribed.

Don't discount this possibility if news or developments come in the interim. I personally would like this placement wrapped up sooner than later to avoid that real possibility of the rest of us feeling left out..
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