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Quest Pharmatech Inc V.QPT

Alternate Symbol(s):  QPTFF

Quest PharmaTech Inc. is a Canadian biopharmaceutical company. The Company is developing products to improve the quality of life. It is developing the proprietary, MAb-AR9.6, targeting MUC16 as a diagnostic agent for cancer. MAb-AR9.6 is licensed from the University of Nebraska Medical Centre and is in late preclinical stage development. The Company has a 42.5% ownership interest in OncoQuest Inc., which is a biotechnology company developing combinatorial immunotherapy products for the treatment of cancer. OncoQuest Inc.’s technology platform includes a panel of tumor antigen specific monoclonal antibodies of the immunoglobulin G (IgG) and E (IgE) class targeting CA125, MUC1, PSA, Her2/neu, CA 19.9 and TAG72; and the application of combinatorial immunotherapy to enhance tumor specific immunity and clinical outcome. The Company also has a 23% ownership interest in OncoVent, which is developing antibody-based immunotherapeutic products for cancer in the Greater China territory.


TSXV:QPT - Post by User

Comment by G1945Von May 22, 2022 10:23am
130 Views
Post# 34701052

RE:Zero news

RE:Zero newsIf Quest Pharmatech Inc's ("QPT") survival depends on them borrowing a million dollars to stay alive, from OncoQuest Inc, rather than generating income on their own this does not bode well for QPT shareholders. They will simply keep on borrowing against future possible payments from OncoQuest Inc. Just to note that OncoQuest Inc had received US$8,387,503 in cash from OQP, as stated in the Jan 5, 2021, Asset Transfer Update / Newswire.

Trust that Dr. Madiyalakan, CEO of Quest and OncoQuest and Chairman of OQP, protects our interests going forward. Our fate rests solely in his hands. 

GLTA
G1945V
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