biOasis Technologies Ord Shs BIOAF

Protalix

[prophetoffactz]

Protalix traded 3.82 million shares and now has a C$124 million market cap. There is more certainty as to its future today. It could theoretically be in a much better position to acquire and absorb BTI now for C$40 million. That would only mean 32% more shares for it. It could pick up the brain for Fabry. It has a Gaucher's enzyme. It has a relationship with Chiesi.

[Boomskid]

Yes, Protalix likely has a continuing relationship with Chiesi, as I post back in 2020. Therefore, Protalix likely has a relationship with Bioasis.  Unfortunately, Bioasis has already been paid by Chiesi for its LSDs. Future developmental, regulatory and commercial milestone payments are set at an average of $34.5 million per LSD. There is also a royalty that can't come into play for

[ROSIE2023]

What and why can't the royalty come into play for m at years  thanks 

[prophetoffactz]

"Unfortunately, Bioasis has already been paid by Chiesi for its LSDs. Future developmental, regulatory and commercial milestone payments are set at an average of $34.5 million per LSD. There is also a royalty that can't come into play for many years." If the Chiesi/xB3 deal is worth C$500 million in upfront, potential milestones, and potential royalty payments in the future under

[G1945V]

"The outcome could be bankruptcy to significant surprise." Well not directly to bankruptcy. BTI would apply to the Court for protection under the "Companies' Creditors Arrangement Act" (CCAA). Stranger things have happened to companies in that type of situation. "Also, the J&J multi-product option appears to have progressed." Progressed into what exactly?

[prophetoffactz]

""Also, the J&J multi-product option appears to have progressed." Progressed into what exactly?" There was no replay of the AGM that I'm aware of but I believe Rathjen said the J&J deal was extended, expanded, and a small milestone payment to BTI was made.

[G1945V]

"Rathjen said the J&J deal was extended, expanded, and a small milestone payment to BTI was made." Don't know the date of what Rathjen said, allegedly. So does it mean that the J&J deal is still alive? G1945V

[prophetoffactz]

"Rathjen said the J&J deal was extended, expanded, and a small milestone payment to BTI was made." Don't know the date of what Rathjen said, allegedly. So does it mean that the J&J deal is still alive? ----- I believe that's what she said at the AGM which was held Feb. 3. The J&J option was set to expire Jan. 31, 2023. 

[ROSIE2023]

What relationship does BTI have with protalix