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Bullboard - Stock Discussion Forum Kane Biotech Inc V.KNE

Alternate Symbol(s):  KNBIF

Kane Biotech Inc. is a Canada-based biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (66 patents and patents pending, trade secrets and trademarks) and products developed by its own biofilm research expertise and acquired... see more

TSXV:KNE - Post Discussion

Kane Biotech Inc > Kane Biotech Announces New Collaboration Agreements
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Post by Betteryear2 on Feb 10, 2022 8:07am

Kane Biotech Announces New Collaboration Agreements

WINNIPEG, Manitoba, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Kane Biotech Inc. announces that it has signed collaboration agreements with Dr. James Doub, MD, Assistant Professor of Medicine, University of Maryland School of Medicine’s Institute of Human Virology, and the University of Texas Medical Branch (UTMB) to study the use of DispersinB® with Prosthetic Joint Infection (PJI) patients. The group is securing funding from the National Institutes of Health (NIH) for pre-clinical work to be done by Josh Wenke, a Professor in the Department of Orthopedic Surgery and Rehabilitation at UTMB.

PJI’s are one of the most serious complications of joint replacement surgery. Conservative estimates are that approximately 1–2% of all prostheses will become infected over the life of the implant [1]. The financial burden of treating these infections is staggering. It is estimated that they will cost the US healthcare system $1.62 billion in 2020 [1]. In addition, patients have significant morbidity and mortality as a direct result of our current medical and surgical management to treat these infections [2]. In one study, the five-year mortality for prosthetic joint infections is over 20% [2].

“These collaborations are of utmost importance given our shared strategies for managing complex musculoskeletal infections and finding cures for the debilitating morbidity associated with PJI. We are highly optimistic of advancing this field scientifically and clinically for the benefit of patients across the globe” said Marc Edwards, CEO of Kane Biotech.

“The Institute of Human Virology has been testing the use of bacteriophage therapeutics in treating recalcitrant PJIs with some early signals of success,” explained Dr. Doub, who is also Director of Infectious Diseases Ambulatory Practice at the University of Maryland Medicine Center. “However, DispersinB®, has properties that bacteriophages do not have which include superior application as a preventative therapeutic, broader spectrum of activity, and a much easier regulatory (FDA) path.”  Dr. Doub is a consultant for Kane Biotech.


https://www.globenewswire.com/news-release/2022/02/10/2382824/0/en/Kane-Biotech-Announces-New-Collaboration-Agreements-for-Prosthetic-Joint-Infection-expanding-its-DispersinB-applications.html

Comment by MirrorWorldMan on Feb 10, 2022 4:48pm
Looks like an investigator initiated trial designed to flow cash to the doctor and perhaps supply a tiny bit of human evidence to Kane.  Its odd that this market did not come up on the Radar of Kanes business plan untill now, hence it can only be seen as an opportunistic action 
Comment by StoneMan45 on Feb 11, 2022 1:15pm
mirrirworldman take a look at this at 3:44 in...the slide from a prevoius/ old presentation plainly shows the prosthetic joints etc issue as a target. Also at the end at 7:00 gives some of the many targets that Kane is looking at.  https://ir.kanebiotech.com/overview-of-kane-wound-care easily seen that Kane has many targets outside the 3 well known ones. Dr My Hedhammar  [url ...more  
Comment by StoneMan45 on Feb 12, 2022 10:39am
also it was plainly in this statment from 2nd Q 2021 MD&A  released Aug 26th 2021 which is the same statement made on the year end 2020 MD&A released Mar 25th 2021....frankly surprised that you MirrorWorldMan didn't know or find what is so easily to find in their all the MD&A's of at least the past year and a half as well as presentations from 2019.    ' ...more  
Comment by MirrorWorldMan on Feb 24, 2022 5:52pm
Yes your right, I missed it. Happy and rieved to see it actually, a BioTech implementing a business plane with targeted segments. Just never stood out for me and I remember reading the management discussion thoroughly before committing on a larger scale. thank you. 
Comment by StoneMan45 on Feb 28, 2022 1:22pm
no problem.  Kane has another patent appliction published  Bibliographic data: US2022054383 (A1) 2022-02-24 |   In my patents list | Previous 1 / 27 Next | Report data error | Print ANTIMICROBIAL-ANTIBIOFILM COMPOSITIONS AND METHODS OF USE THEREOF FOR PERSONAL CARE PRODUCTS   https ...more  
Comment by MirrorWorldMan on Mar 14, 2022 8:52pm
I like this CEO, he has surrounded himself with competent people and is unafraid to shift the reigns to them. There is a definitive direction for the company in niche space, with contracts in place. Good entry point or time to add now. 
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