Post by PressRelease on Dec 11, 2023 9:50am
New Press Release - Sirona Biochem Initiates GlycoProteMim(TM) Trademark for Anti-Aging Molecule TFC-1326
Comment by
lscfa on Dec 11, 2023 11:12am
Why trademark via Brazilian agency?
Comment by
PeterG on Dec 11, 2023 11:15am
Good question. Maybe the first market where we sell AA? Why did they not mention how to finance the whole initiatives? We should already run out of cash. Maybe a new Financing will be announced today evening??
Comment by
biorun on Dec 11, 2023 11:35am
They had a bunch of cash come in from the tax credit. Many questions, few answers at this time. By moving to trademark status on one of their pipelines, it looks to me like this signals a pivot on the business model. I wonder if the work they are doing with Atheln is playing a role here. They are armed to the nuts with capability.
Comment by
Turtle4 on Dec 11, 2023 12:03pm
The trademark means that there will be no exclusive license. Thats good, because sirona is not good in the negotiation of exclusive deals.
Comment by
lscfa on Dec 11, 2023 12:23pm
Trademarking the molecule means no exclusive deals. Anyone can make a skin cream with Glycoprotemim inside. Allows maximum access to anti-aging cream market.
Comment by
lscfa on Dec 11, 2023 12:15pm
Glycoprotemim reference back in May 2021....... https://www.cafepharma.com/cpwire/article/Sirona-Biochems-Innovations-in-Biotechnology-Lead-to-Safer-More-Effective-Cosmetic-and-Pharmaceutical-Active-Ingredients-/404403-
Comment by
Haiduk on Dec 11, 2023 3:36pm
What a meaningless update! They just informed that they were not able to strike a deal despite the fact that “The level of interest generated during BIO in June was exceptional”… Same story… with a different compound… What’s about the deal that “will make Sirona a profitable company”? GLTA
Comment by
forhandlaren on Dec 11, 2023 3:48pm
Meaningless? Not able to strike a deal? Ignorant investor spreading misleading claims! In fact, it was an excellent news release. Most likely the anti-aging will open to be multiple deals and probably a race to the market. The remark about profitable company refers to the Abbvie deal once the product is launched.