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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 Nov 14, 2024 5:26am
110 Views
Post# 36312098

OTC volume

OTC volume
Since last week thursday, 2,616,100 shares (138,053 USD) have been traded on the OTC in 4 consecutive days. That is almost exactly 1% of all shares. Yesterday was the first day with no trading volume on the OTC (although the price was no higher than on the other days). 
What does this tell us? For an institutional investor, still very little in dollars. But for a private insider it is quite striking.
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