biOasis Technologies Ord Shs V.BTI.H

PLX vol. 2.5 million shares with only 50 million outstanding

[prophetoffactz]

1.9150+0.2150 (+12.65%)

As of 11:42AM EST. Market open.

[Boomskid]

I'm not surprised that the PLX share price has made such a modest move on the CHMP opinion. It's clear that the market knows that a pharma can't begin commercial operations with an opinion and that approval is required for revenue. With the great clinical results that Protalix and Chiesi have achieved with PRX-102, it will be no surprise to the market when they get FDA approval of the

[prophetoffactz]

"With the great clinical results that Protalix and Chiesi have achieved with PRX-102, it will be no surprise to the market when they get FDA approval of the drug. The delay in FDA approval was triggered by the FDA's inability to inspect Protalix's ProCellEx manufacturing and post-manufacturing facilities due to travel restrictions caused by Covid. Also, the situation with a PRX-102

[Boomskid]

Good for Protalix, poof. Up almost double (90%). What does that have to do with Bioasis share price of 1.5¢? Yep, PRX was over $6 when they got a Complete Response Letter (CRL) from the FDA. Usually a CRL is fatal but not really so with PRX-102. Because of Covid, and because Protalix's submission was obsolete, and the FDA couldn't complete it's work before the extension, the CRL

[prophetoffactz]

US$138 million upfront and milestone payments is about C$186 million Canadian. Then there are the royalties. If the four licensed products have US$1.5 billion in revenue which is about C$2 billion at peak sales and BTI received a 5% royalty that is a potential C$100 million in royalties for one year at peak. Imagine three years that would be C$300 million. That would be C$486 million in upfront,

[zwerp2000]

it's been 3 years and there has been no updates on any progress between bti and chiesi. bti has no money. the stock is trading at $.01. they can't pay their debt obligations and recently tried to sell the company for nothing to another company that was bankrupt. now remind me about this great deal bti has in place with chiesi. why isn't chiesi trying to buy bti out for peanuts so they

[zwerp2000]

who cares? this has nothing to do with bti. notice how there is next to no volume on bti today and the stock is down. if there was really a connection, why no reaction from bti stock? stop your foolishness. you are a joke

[ROSIE2023]

Does BTI have anything on the go with PROTALIX