RE:RE:RE:RE:RE:RE:RE:RE:Let's be more balanced and positive
Tencents wrote: Yes they have indicated to avance on some production capabilities
but revenue generation in the ceo s opinion is a bunch of years down the road -which makes since as going from pilot to delivering products is not an easy task
At 28:50 Gilles says they are "very, very close" to launching powder oat beta glucan. Symrise will resolubilize in Germany. It won't be years away.
Ceapro (TSX.V: CZO) CEO Gilles Gagnon – Small Cap Discoveries At 24:40 of the presentation from October Gilles says "...this 100L vessel - that will be a small commercial scale - will allow us to start marketing yeast beta glucan as an immune booster." The facility is expected to be completed in Q3 2024.
Natex's facility where PGX is being scaled to 100L may be a toll facility that allows small-scale commercial production as its website says: "
Services: Test and toll extraction of limited quantities for marketing purposes. Our facilities can be used at a daily rate." The 50L facility, which is expected to be commissioned at any time, will allow the production of material for a clinical study according to the October presentation. .
Previously CZO said it would work with partners for formulation and testing so the 50L facility could be a catalyst for a PGX deal. This could be in a similar timeframe as an AEZS diagnostic deal. Perhaps capital from the AEZS deal allows CZO to enter a stronger deal:
"This next phase of scale up will allow us to work with commercial partners in nutraceuticals and pharmaceuticals to formulate, test, and commercialize novel products and formulations, including novel functional foods and beverages, novel drugs and various forms of delivery systems,” said Gilles Gagnon, M.Sc., MBA, President and CEO." news release
Show the specific reference where in your words revenue is 7 years away: "the ceo indicated some months ago in an interview that current pipeline may start generating revenue in 7 years - best estimate could be in the 2030- 2035 range" Tencents
CZO's plans in the October presntation are 1-3 and 3-5 years away as in the presentation.