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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 forhandlarenon May 03, 2024 7:20am
136 Views
Post# 36021127

RE:Something is going on

RE:Something is going onThe timing coincides with Sirona reaching out to the financial market after closing the private placement that did not meet the expectations. They are looking for investment funds to assist with the financial needs, linking the investment to anti-aging commercialization.

I bet at least one financial fund is buying at large scale while weaker hands offer their shares for peanuts. Hence the volume. One advantage with a professional investment fund is that the management must deliver on promises. Ten times the investment within a year is very much possible with a reasonable risk profile.
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