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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

Post by forhandlarenon Mar 22, 2024 12:47am
192 Views
Post# 35946380

Pressure

PressureUnless there is material news like Abbvie milestone round the corner the shareprice is probably stuck at the current level.

Actions like packaging samples for distribution to reflect future plans is nice, but will not move the needle. Five years ago it would still fuel enthusiasm and the shareprice - we've passed that because of mistrust.

I suggest that all shareholders put pressure on the company, after all it's our company and our money. Contact the management and explain the relation between the low shareprice and the CEO.

They need to secure funds to survive and I cannot and I cannot think about a better option than a new CEO - that could be temporary in the wait for a stronger company at launch next year. If anyone has a better idea instead of just whining in general, please let us know.
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