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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 Turtle4on Oct 14, 2024 11:36am
142 Views
Post# 36265202

Skinmedica

Skinmedica
Does anyone know if Skinmedica is also represented outside the USA?
The Skinmedia online store only delivers to the USA.
In the quarterly reports, “Other Aesthetics” makes almost all of its sales in the USA.
That would mean that the worldwide license is pointless.
Probably no milestone payment is triggered if a reseller sells the product outside the USA.
 
I had hoped that skinmedica might not want to miss out on the Christmas business after all and still launch this year.
But if there are no multiple milestone payments for other countries, the payment could turn out to be as small as the upfront.

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