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Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

TSXV:CZO - Post Discussion

Ceapro Inc > UofA study results out
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Post by Ciao on Apr 08, 2021 8:12am

UofA study results out

Ceapro Inc. Announces Successful Completion of Collaborative Research and Development Program with University of Alberta

– Project significantly advances broadening the application and utility of Ceapro’s proprietary, first-in-class technologies to develop innovative delivery systems composed of new chemical complexes –

– New PGX-based products developed under the collaboration paves the way for commercial scale production of new chemical complexes and innovative delivery systems –

– Potential for applications in personal care, functional food, dietary supplement and pharmaceuticals –

– Findings to be presented at the upcoming 18th European Meeting on Supercritical Fluids –

EDMONTON, Alberta, April 08, 2021 (GLOBE NEWSWIRE) -- Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced today the successful completion of its long-term research project with Professor Dr. Feral Temelli at the University of Alberta (UofA). Based on the successful results of the project, Ceapro will expand the utilization of the PGX Technology and generate innovative high-value ingredients with a competitive advantage, targeting applications in functional food, dietary supplement, personal care, and pharmaceuticals.

The collaborative project titled “PGX technology for drying of biopolymers and their impregnation with bioactives” was initiated in June 2017 and leveraged funding with the Collaborative Research and Development (CRD) grant project from the Natural Sciences and Engineering Research Council of Canada (NSERC). The goal of the project was to expand the array of PGX-processed polymers impregnated with bioactives based on a solid understanding of their behavior under the PGX processing conditions and the interactions between them.

"This project allowed for the screening of various compounds and the retention of the most promising ones with the best marketing potential. With these important findings, we have established an expanded PGX-based product pipeline further supporting the investment decision for the commercial scale up of the PGX Technology for the processing of oat beta glucan, yeast beta glucan and alginate. These first three products offer potential benefits either as stand-alone products or as carrier for other bioactives. We are very grateful to Professor Dr. Feral Temelli, her research team at the UofA, and Ceapro’s research team for the success in this extensive collaborative research project,” commented Mr. Gilles Gagnon, President and Chief Executive Officer of Ceapro.

Results from this NSERC-CRD project demonstrated for the first time that Ceapro’s PGX Technology could be used to not only dry and purify polysaccharides like beta glucan, but also proteins and peptides, which could then be impregnated with valuable bioactives. Additionally, by leveraging the PGX Technology, the research team was able to generate unique composites known as exfoliated nanocomposites, made of homogenously intertwined polymers (e.g. polysaccharides, proteins, enzymes and gums) with remarkable new properties. This project also greatly contributed to the development of new processing approaches using the PGX Technology, especially for the development of new delivery systems even making the dispersions of hydrophobic bioactives in water stable.

“Over the course of this project, significant inroads were made into a completely new and promising field – the simultaneous drying, purification and functionalization of proteins, peptides, and enzymes,” said Dr. Paul Moquin, Director Scientific Affairs and New Business Development at Ceapro. “Researchers made unique alginate-protein composites made of homogenously intertwined polymers with remarkable new properties. Although it is early to totally capture the full impact that such findings will have on the development of future products, we expect that it will be disruptive to many economic sectors.”

Considerable resources were deployed during this project to study and characterize the PGX material, novel composites, and new delivery systems. Among all the work that was conducted, enhanced release kinetics of these hydrophobic bioactives in simulated gastrointestinal conditions was demonstrated, which is an indication of their potential increased bioavailability that can lead to improved health benefits. Results allow the selection of the best polymer as the carrier to generate optimal delivery systems for targeted applications including functional food, dietary supplement, personal care, cosmetic and drug applications.

"We are very happy to successfully complete this very ambitious project, generating a lot of new information, and paving the way for new opportunities and future applications of the PGX Technology,” said Professor Dr. Feral Temelli from the Department of Agricultural, Food & Nutritional Science of the University of Alberta. “It was a major collaborative effort between our teams at the University of Alberta and Ceapro. Based on the training received at the UofA throughout this project, two of my team members were hired by Ceapro and it is wonderful that they continue to contribute to the growth of the PGX Technology. I really appreciate the financial support of NSERC-CRD program and Ceapro for this major project."

As a result of this collaborative work, Ceapro has greatly expanded its portfolio of innovative bioactive ingredients and delivery systems, and has garnered international attention, both in the industrial sector and the scientific community. The Company expects additional findings from this project to be published in peer-reviewed journals and scientific conferences, including three abstract presentations that have been accepted at the 18th European Meeting on Supercritical Fluids (EMSF) being held virtually May 4-6, 2021. One of the abstracts will be presented as a keynote address by Dr. Feral Temelli.

Comment by Ciao on Apr 08, 2021 8:18am
Guess they managed to beat their timeine on this. I recall in the last conf call that it was said that UofA would open in mid April and it would take 2 months to complete the studies, so don't know how they managed to get these results out 2 months early. Does this mean that we are passed the clinical stage and ready for commercialization (ie. with alginates)? Do functional drinks and foods ...more  
Comment by archeo753 on Apr 08, 2021 8:26am
Great news but it doesn't sound like any new products are imminent.  I like that Ceapro has hired some new people.  Now they need to raise a bunch of money or sign a partnership so that they can go into overdrive and develop these opportunities.  I think we are very close to an inflection point.  Though at the rate Ceapro moves it could still take a couple of more years ...more  
Comment by oats on Apr 08, 2021 8:44am
This really is excellent news and formally ends the news wire drought. I like this comment the most from Paul Moquin: "Although it is early to totally capture the full impact that such findings will have on the development of future products, we expect that it will be disruptive to many economic sectors.”  
Comment by Ciao on Apr 08, 2021 9:24am
Beyond those who know the Ceapro story, would potential new investors understand the implications here based solely on the news release?  Would a typical investor read beyond the news release and perhaps visit Ceapro's website and say, what a heck of an investment opporutnity?
Comment by oats on Apr 08, 2021 9:40am
Ciao, This is an excellent question, one that the company has had to deal with for many years now. I have to think that the retail investor re Ceapro is limited until the company can actually detail more in layman terms what this really means from a potential or ultimate revenue generation and relate a product to those revenues. Yes, many retail investors will latch on but I have to think that ...more  
Comment by Ciao on Apr 08, 2021 9:54am
Oats, For those that have followed the company, they realize the barrier for the functional drink (PGX BG impregnated with CoQ10) was the cost of the carrier.  Now that the carrier could be say sodium alginate (do they still need to do shelf stability testing?) that barrier is lifted. Would it take a commercial deal to bring CZO to retailer's attention? So far today, there hasn't ...more  
Comment by oats on Apr 08, 2021 10:19am
Ciao, For those that have followed the company, they realize the barrier for the functional drink (PGX BG impregnated with CoQ10) was the cost of the carrier.  Now that the carrier could be say sodium alginate (do they still need to do shelf stability testing?) that barrier is lifted. In my opinion, yes, but only one person really knows the answer to that question, Gilles Gagnon Would it ...more  
Comment by Mofonomo on Apr 08, 2021 10:51am
Publishing the three abstracts is great news. The thing is though that this is still base building research. They'll likely have to do additional studies on each compound separately and maybe even per application, either on their own or in a partnership with companies that have specific commerical applications already. I think the time horizon is still long or very long on this, maybe 5-10 ...more  
Comment by Ciao on Apr 08, 2021 11:05am
5 - 10 years is too much of a stretch here CZO already mentioned that they are targeting a NCC for 2021 in their presentations and still have an consultant for negotiations PGX Oat BG  impregnated with CoQ10 had an economic barrier, sodium alginate will not 
Comment by prophetoffacts on Apr 08, 2021 11:07am
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Comment by Mofonomo on Apr 08, 2021 11:22am
Yup exactly, this will be noticed for sure.
Comment by Mofonomo on Apr 08, 2021 11:25am
Whoops, hate to quote myself but meant to add....will be noticed by the scientific community. Investors probably still won't understand the value proposition (risk/reward) here, but smart investors get in before the herd, which is hopefully why we are all here :). I've tempered my expectations to 5-10 years from now. I remember thinking 3-5years back in 2015 and we all know how that ...more  
Comment by prophetoffacts on Apr 08, 2021 11:53am
This post has been removed in accordance with Community Policy
Comment by Ciao on Apr 08, 2021 12:29pm
Wouldn't she be a great addition to the Board?
Comment by archeo753 on Apr 08, 2021 11:10am
This is probably true for the most part but Ceapro has other products which should be very close to market ready including the functional drink (maybe a year or two out) and a high end Juvente branded CBD topical cream with avenanthramides and oat beta glucan.  This should be a slam dunk if partnered with a big name licenced producer and would garner a very premium price point.
Comment by Ciao on Apr 08, 2021 3:42pm
Yes, based on the trading activity today, the implications of today's NR has not been factored into the company's market cap. It may take a while for the market to digest the news, but adding $4M to the market cap is laughable and I doubt if the news was already discounted.
Comment by prophetoffacts on Apr 08, 2021 4:11pm
This post has been removed in accordance with Community Policy
Comment by Tropicalsun on Apr 08, 2021 5:02pm
Oats, and Ciao,  both of you and a few others on this board that have been in the Ceapro story for quite sometime, know all to well that Gille's is all about the science, and very little on the promotional side of things. Todays news release is very significant in that there is now the data to back up the claim, I agree with the comment made that most retail investors won't get it ...more  
Comment by Ciao on Apr 08, 2021 5:52pm
I took today's  NR to indicate that other carriers beyond oat BG could be used for PGX and that the one barrier to the functional drink, cost of the carrier, has been dismissed now as alginate (and I assume Y-BG) can equally perform but with the added benefit of being a economically viable carrier.  Beyond implications for other applications, I no longer see a obstacle to signing a ...more  
Comment by hoffbag on Apr 08, 2021 7:44pm
I would rather the story got out to customers....
Comment by Ciao on Apr 08, 2021 8:49am
I believe the news for the COVID therapeutic should be out soon, just a guess but I would say before month end. Global immunization will take years for global herd immunity, this will lead to mutations of the virus. With virus variants that will likely haunt us for years to come, a therapeutic IMHO has a place alongside vaccines and other potential therapies.
Comment by stockfy on Apr 09, 2021 5:15am
This is an answer to those haters of this board who have been erroneously alleging that CRPOF moves very slowly towards commercialization. It's obvious that the value of this PGX technology is tremendous and CRPOF will unlock and capitalize on this proprietary PGX technology in the next 12 months with collaborations and agreements with companies from a handful of sectors. Alternatively ...more  
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