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Bullboard - Stock Discussion Forum biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in... see more

TSXV:BTI.H - Post Discussion

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Post by Boomskid on May 04, 2023 11:04am

Prothena

Best to be careful when considering any success Prothena might have with PRX012. That drug preceded the Prothena/Bioasis deal and is not an xB3 drug.

Prothena has never announced what it is or was doing with xB3. They have never made a claim that they have a drug that has any special capabilities with respect to crossing the BBB.

It also should be noted that damage to the BBB happens with Alzheimer's. It's my understanding that Alzheimer's drugs, including the amyloid-beta drugs, work mostly because a small part of a dose can pass through the leaky BBB. 

In other words, efficacy of these AD drugs is dependent on how advanced the disease is and how much the BBB leaks. That makes the argument for earlier response with xB3 drugs all the more compelling.

But share prices of these AD pharmas are dependent on their work with their AD drugs. What would happen to the share price of a pharma that did a deal for xB3? Would the market interpret that as an admission that their AD isn't sufficiently capable? I think that any pharma advancing an xB3 AD drug would want to keep it secret.

And that is partially why I said ten years ago that if Bioasis didn't advance its own preclinical and clinical programs, that the company would have no story to tell because it's partners would keep their xB3 work secret.

No Bioasis collaborator, licensee or partner has ever released significant news about any of their work with xB3.

jd
Comment by DeadMonkey on May 04, 2023 11:30am
you so sure about that? 100% certain? drug companies make improvements to their drugs all of the time.largely goes unnoticed by most except those paying close attention to patents, just because they didn't say their work was a result of xb3 doesnt mean that it wasnt.
Comment by Boomskid on May 04, 2023 12:38pm
I know what Prothena's first target is/was and as you know, I can't say what it was. I do know that speculation about PRX012 being an xB3 drug is problematic.  It's interesting how you've asked the questions, DM. Yes, PRX012 could have been modified with xB3 without disclosure before IND submissions, etc. But if xB3 is being used by Prothena, why did Prothena let its target ...more