Tags Posts tagged with "Biotech"


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Vinergy Resources/MJ Biopharma Appoint Scientific Advisory Board Chair to Pursue Clinical Testing of Cannabinoids for Therapeutics

 Vinergy Resources Ltd. (“Vinergy” or the “Company”) (CSE:VIN)(CSE:VIN.CN) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce that it has appointed Dr. William Panenka, MD as Chair of the Company’s Scientific Advisory Board (SAB). Bringing on the right human capital through strategic hires is an important part of the Company’s strategy to develop, test and identify specific cannabinoid isolates for targeted therapeutic purposes.

Dr. Panenka received his M.D. and M.Sc. from the University of Calgary in Canada. His M.Sc. was basic science-focused utilizing Western Blotting, PCR, in-situ hybridization and other wet lab techniques to study the immune system. He completed residencies in both psychiatry and neurology at the University of British Columbia in Vancouver, Canada. Dr. Panenka is one of only two specialists in Western Canada with a unique dual certification from the College of Physicians and Surgeons of Canada in both the specialties of neurology and psychiatry.

In 2011 Dr. Panenka began a research fellowship focusing on the mental and physical health, as well as the brain imaging correlates of drug use, addictions, and traumatic brain injuries. In 2012, he became a research fellow at Harvard University and was competitively recruited to the University of British Columbia in 2013 as an assistant professor in psychiatry. His main focus is addiction and traumatic brain injury, with multiple basic science and clinical collaborations nationally and internationally.

For the past five years Dr. Panenka has been involved in a large project funded by a CIHR team grant to longitudinally follow over 400 vulnerably housed individuals, with a high burden of addictions and mental health issues, in Vancouver’s poorest neighborhood. They perform extensive cognitive phenotyping, neuropsychiatric assessments and multimodal MRI on participant, and follow them for 10 years. This study involves collaboration between multiple medical specialties, local health clinics, and community organizations. He is a Co-Investigator on an extension study that was just funded by CIHR and slated to run for the next five years.

He is also the BC Primary Site Investigator on a national multi-site study funded by Brain Canada titled “A National biobank and database for patients with traumatic brain injury”. The goal is to enroll TBI patients of all severities and longitudinally follow them for six months with cognitive assessments and MRI, and pool this data into a national database. He is part of a multidisciplinary team within the division of neuropsychiatry at UBC that includes of neurologists, psychiatrists, physiotherapists, occupational therapists and others that contribute. Within this role he is developing a research-enabled Neuropsychiatry concussion clinic at the University of British Columbia. I am the medical lead of this clinic and the physician consultant to the Fraser Health Concussion Clinic, the largest Concussion Clinic in the province.

Dr. Panenka brings invaluable experience, expertise and insight and we look forward to developing numerous projects that he can participate in. Dr. Panenka will be granted 150,000 options exercisable at $0.55, subject to approval by the CSE.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Vinergy Resources Ltd.

Randy Clifford

Cautionary Statement Regarding “Forward-Looking” Information

The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.


  • Vinergy Resources Ltd.
    Randy Clifford

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From the National Cancer Institute (NCI) to the National Institute on Drug Abuse (NIDA), U.S. government agencies continue to change its stance pertaining to medical cannabis.

Last year, the NCI updated its website to include various studies that reveal how cannabis may inhibit tumor growth by killing cells. The NIDA revised their April 2015 publication to say that marijuana can kill certain cancer cells and reduce the size of others.

Countries across the globe continue to legalize cannabis and it is only a matter of time until the U.S. gets on the bandwagon. Although the market continues to keep its eyes on the U.S. cannabis industry, its neighbors to the north continue to be the global cannabis leader.

Biotech Bets

The biotech sector will be one of the greatest beneficiaries of legal cannabis and companies focused on this opportunity have outperformed the market over the last quarter.

We highlighted Vinergy Resources (VIN.CN) as a stock to watch after its acquisition of MJ Biopharma in mid-December and the market responded very favorably to this all-stock purchase.  At the time of this announcement, Vinergy also announced a non-brokered private placement offering of up to 10,000,000 units at $0.20 per unit.

MJ Biopharma is a private cannabis technology company based out of British Columbia that is currently focused on manufacturing breath strips, time release capsules, extract oils, food products such as infused juices, teas, coffee and extract drinks, as well as the development of pharmaceutical grade delivery systems. The company is also focused on licensing and partnering on the development of technologies and products for the medical and recreational cannabis market in Canada and abroad.

Vinergy’s market sentiment has improved significantly following the acquisition and investors were able to acquire stock at a more than 50% discount to the current price through the private placement. The offering generated incredible interest and is very oversubscribed. Investors should keep an eye on Vinergy as we expect to see the company build off of this momentum.

An Agreement Based on Success

One of the reasons why we were favorable on the aquisiton of MJ BioPharma was due to the milestone-based compensation strucutre. Vinergy issued 5 million shares to MJ BioPharma shareholders and can issue up 3.75 million more shares based on the completion of certain milestones.

  • The company will issue an additional 2.75 million shares upon the commercialization of MJ BioPharma’s strip technology.
  • One million shares will be issued when each of two alternative selected extractions/products are ready for commercialization.

Banking on Biotech

Although we continue to expect the biotech sector to benefit the legal cannabis movement, we are watching how these companies are impacted by a new White House administration.

The biotech sub-sector of the cannabis industry is comprised of some of the most mature cannabis businesses. We continue to view these companies as some of the most attractive cannabis investments and want to discuss our view of these companies at their current levels.

GW Pharmaceuticals (GWPH) has rallied off its recent lows and we remain bullish on the company due to its deep pipeline of pharmaceutical products that are in advanced stages of FDA testing. The company has a number of catalysts in the back half of 2017 and we see significant upside to current levels.

Zynerba Pharmaceuticals (ZYNE) continues to remain one of our top picks in the cannabis sector as we see significant upside to current levels. The average Wall Street price target on ZYNE is north of $30 and we view the company as an acquisition candidate for any biotech company interested in the cannabis industry.

Insys Therapeutics (INSY) has also rallied off its recent lows and the shares fell more than 60% during 2016. We believe that all of the legal concerns are priced into INSY and see significant upside to current levels. Like Zynerba, we view Insys as an acquisition candidate and view the company as a long-term investment opportunity.


Join Technical420 and Capitalize on the Rapidly Growing Cannabis Industry…


Important Investor Disclosures 

Disclosure.  Compensated Affiliate.  This report was authored by and is property of StoneBridge Partners LLC.  All information and data relied upon in drafting this report is publicly available.  The author believes and considers its sources to be reliable, but does not guarantee the accuracy or completeness of any information contained in this report.  Any and all information, data, analyses and opinions are provided for informational purposes only and is not intended, in any manner, as investment advice.  Any projections or other information generated by StoneBridge Partners LLC regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.  None of the material contained in this report is intended as a solution or offer to sell or purchase a specific stock or any other investment.  This report is not directed to, or intended for distribution or use by, any person or entity that is a citizen, resident or located in any municipality, state, country or other jurisdiction where the distribution, publication, availability, or use of this report is contrary to any governing law or regulation.  The securities discussed in this report may not be eligible for purchase and/or sale in certain jurisdictions or by particular individuals.  It is important that you check any and all governing laws and/or regulations that may be applicable in your jurisdiction.  Investing in securities of issuers organized outside of the United States, including ADRs, entail certain risks.  The securities of non-United States issuers may not be registered with, nor be subject to the reporting requirements of the United States Securities and Exchange Commission.  Please contact a Financial Advisor for professional advice regarding any and all securities investments.  This report is intended for informational purposes only.  StoneBridge Partners LLC’s officers, directors, employees, affiliates, or subsidiaries may have positions in securities covered by StoneBridge Partners LLC.  StoneBridge Partners LLC receives compensation from the company and/or has a position in the securities mentioned in this report


Authored by: Micheal Berger

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Biotech Buzz Could Focus On Cannabis

San Francisco will be a hotbed for biotechnology this week. The annual JPMorgan Healthcare Conference kicks off on Monday the 9th and goes through Thursday the 12th. But this isn’t the only conference and there will surely be thousands of investors in the city to attend all kinds of presentations being made, which are focused on biotechnology & healthcare. Outside of just JPM’s conference, the crowd around Union Square also consists of the Biotech Showcase, which sets up at the Hilton San Francisco Union Square; and the OneMedForum across Post Street from the St. Francis.


There’s also the StartUp Health Festival on Montgomery Street and other conferences. Considering that thousands of people who aren’t going to invitation-only conferences like JPM, it would stand to reason that attention will be on the industry in full force this week.

Recently Vitality Biopharma (VBIO) announced that it would be presenting at the Biotech Showcase on Wednesday January 11th. The Showcase hosts over 2,800 attendees, over 5,600 one-on-one meetings, and will be expecting to see over 550 investors present.

Biotech Showcase™ is an investor and networking conference working to provide private and public biotech and life sciences companies with an opportunity to present to, and engage with, investors and pharmaceutical executives in one place during the course of one of the industry’s largest annual healthcare investor conferences. Investors and biopharmaceutical executives from around the world gather in San Francisco during this week, which is widely viewed as setting the tone for the coming year…so JPMorgan is just the tip of the iceberg during San Fran’s biotech invasion.

“Biotech has historically outperformed the broader market during The J.P. Morgan Healthcare Conference,” biotech analysts at the firm wrote in a note to clients ahead of the event.

And we aren’t the only ones who could be seeing the potential “writing on the wall.” One of the presenters at the conference has even said, “…there’s a growing interest in medical cannabis among traditional health care institutions. This is a growing part of what is becoming mainstream health care.” As we said last week, even though we focus specifically on marijuana stocks, the biotech aspect of VBIO could be something to pay attention to heading into this week, considering the historic impact that the JPM conference (starts today) has had in the past for companies that have a stake in the space.

We said that this week could shed some light on many biotech companies including those involved with cannabis. Now we see that VBIO will be at ground zero, not just as another biotech company that could benefit from the shockwave but management will be in the exact location and presenting to the exact audiences.

Company CEO Robert Brooke will provide a 30-minute overview of Vitality Biopharma’s business during his presentation and will be available to participate in one-on-one meetings with registered attendees.

Event: Biotech Showcase Conference
Date: Wednesday, January 11, 2017
Time: 8:00 a.m. PT
Track: Room 8 (Ballroom Level)
Location: Hilton San Francisco Union Square, San Francisco, CA



Pursuant to an agreement between MAPH and a non affiliate third party, we were hired for a period of 30 days to publicly disseminate information about (VBIO) including on the Website and other media including Facebook and Twitter. We are being paid $100,000 (CASH) for or were paid “ZERO” shares of unrestricted or restricted common shares. We own zero shares of (VBIO) which we purchased in the open market. We plan to sell “ZERO” shares of (VBIO) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of ( VBIO) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. PLEASE READ OUR FULL PRIVACY POLICY & TERMS OF USE & DISCLAIMER

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Vitality Biopharma to Present at Biotech Showcase 2017

LOS ANGELES, CA–(Marketwired – Jan 9, 2017) – Vitality Biopharma, Inc. ( OTCQB : VBIO ) (“Vitality Biopharma,” “Vitality,” or the “Company”) a corporation dedicated to the development of cannabinoid prodrug pharmaceuticals, and to unlocking the power of cannabinoids for the treatment of serious neurological and inflammatory disorders, today announced that it will present at the Ninth Annual Biotech Showcase 2017 Conference, on January 11, at the Hilton San Francisco Union Square.

Company CEO Robert Brooke will provide a 30-minute overview of Vitality Biopharma’s business during his presentation and will be available to participate in one-on-one meetings with registered attendees.

Event: Biotech Showcase Conference
Date: Wednesday, January 11, 2017
Time: 8:00 a.m. PT
Track: Room 8 (Ballroom Level)
Location: Hilton San Francisco Union Square, San Francisco, CA

Investors and other interested parties will be able to access a copy of the presentation by visiting the investors section of the Vitality Biopharma website at http://vitality.bio/investors/presentation.

About Biotech Showcase 2017
Biotech Showcase™ is an investor and partnering conference devoted to providing private and public biotechnology and life sciences companies with an opportunity to present to, and meet with, investors and pharmaceutical executives in one place during the course of one of the industry’s largest annual healthcare investor conferences.

About Vitality Biopharma ( OTCQB : VBIO )
Vitality Biopharma is dedicated to unlocking the power of cannabinoids for the treatment of serious neurological and inflammatory disorders. For more information, visit: www.vitality.bio. Follow us on Facebook, Twitter and LinkedIn.

Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements” as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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The biotech sector may be one of the biggest beneficiaries of the legal cannabis movement.

In previous articles, we have been quite vocal about our bullish stance on the cannabis biotech sector. In the current US markets, we believe the greatest opportunity lies in biotech and the pharmaceutical production of cannabinoid and cannabis related drug treatments. And recent political shifts may have just created a perfect storm for cannabis biotech investors. Right now could be your greatest opportunity to consider adding cannabis biotech to your portfolio. And we aren’t the only ones who think so.

Todd Hagopian, manager of a biotech fund at Marketocracy, believes the biotech sector will benefit most from a Donald Trump Presidency. Todd is one of the most successful biotech investors in the market today. His returns have averaged 26.03% since starting his fund in 2011, which compares nicely to the S&P 500’s 11.58% return over the same period. Over the last five and three year periods, Todd Hagopian did better than the top U.S. Equity fund managers.

But why are we so bullish on cannabis biotech?

For over a year, analysts have been anticipating and factoring in a Hillary Clinton victory that sent the ishares NASDAQ Biotechnology ETF (IBB) plummeting 23% from 9/21/15 through Election Day this November. Why? Clinton was very vocal about her desire to slash what she believed to be excessive profits in the biotech industry. This would force drug companies to lower prices that would tighten margins and decrease net profit. If Clinton won the election, there were concerns that she would flip the Senate and/or House of Representatives to Democratic control. This would have allowed her to take action on the pricing practices of the biotech sector.

But with the White House and Congress now in Republican control, the biotech sector is set up for an extraordinary comeback. In fact, it has already begun. The IBB is up about 10% since Election Day. With Trump taking the White House, biotech investors could be in for one heck of a ride as this could be just the beginning of a move that could see the biotech sector double.

In an interview with Ken Kam of Forbes, Todd Hagopian said, “After underperforming the S&P 500 by over 30% in the past 14 months, there is plenty of room for this sector to run. In fact, the S&P 500 Biotechs are trading at a Forward P/E of just 22.4% vs. Consumer Staples who are trading at a Forward P/E of 17.2%.  This is pretty remarkable, considering that the same group of Biotech companies have a short term earnings growth rate of 17.3%, versus the Consumer Staple companies who are projected to grow at just 8.0%. Basically, this data would seem to suggest that either there is a huge bubble in Consumer Staples stocks, or the Biotechnology market is about to double.”

This is the perfect storm for cannabis biotech investors. Not only is the overall biotech industry expected to experience a massive bull run, but cannabis legalization is quickly spreading across the US. The November Election Day was an enormous victory for the cannabis industry. There are now 8 states that allow the recreational use of marijuana and another 21 that allow its medical use. We could be looking at a golden opportunity for cannabis biotech investors.

In his interview with Forbes, Hagopian went on to name a few other catalysts that biotech investors seem to have in their favor:

  1. The Obamacare fight needs to stay away from pricing. The odds of a Republican House and Senate trying to pass a law regulating drug prices, and have it signed by a Republican President seems slim to none.
  2. The Supreme Court needs to stay conservative. Donald Trump has already promised to nominate conservative judges to the court. The Supreme Court will likely stay 5-4, or even 6-3, in favor of conservative views.
  3. M&A activity needs to restart. The low valuations seen in the biotech sector after the Clinton selloff mentioned earlier in this article has sparked a ton of M&A rumors in the biotech sector. The Clinton biotech scare not only provided great opportunity for individual investors but also for large biotech titans to swallow up smaller companies with promising intellectual property and clinical data from early drug trials. We have already seen recent M&A activity in the cannabis sector with Canopy Growth Corp., Canada’s largest marijuana company, agreeing to buy competitor Mettrum Health Corp. for $8.42 a share.

The current environments of the overall biotech sector and marijuana industry have created an exciting time for cannabis biotech investors. Several catalysts are aligning for what could be a booming 2017 for the entire space. In addition, many companies are expected to announce FDA clinical and pre-clinical trial data soon. Favorable results will be a catalyst to send individual stocks and the overall cannabis biotech sector considerably higher.

If you haven’t done so already, it’s time to consider adding cannabis biotech to your portfolio, Now!

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    MarijuanaStocks.com asked FBEC Worldwide Inc’s (FBEC) chief scientist Linda Strauss an adjunct professor at UC San Diego and Co-Founder of G Randel & Sons a development company that specializes in CBD based R&D for product creation her thoughts on INSY from a drug standpoint. “Looking at the market’s reaction to Insy Therapeutics’ (INSY) announcement two weeks ago that the U.S. Food and Drug Administration (FDA) has approved its dronabinol oral solution, SyndrosTM, you would think this was a breakthrough treatment. However, it is not, but that doesn’t make it any less important an announcement. SyndrosTM is an orally administered liquid formulation of the pharmaceutical cannabinoid dronabinol, which is a pharmaceutical version of tetrahydrocannabinol (“THC”), one of the main active ingredients in cannabis. Dronabinol has been on the market since 1985, marketed by AbbVie ($ABBV) as Marinol. Marinol was developed and approved for the treatment of nausea and vomiting associated with cancer chemotherapy inpatients that had failed to respond adequately to conventional antiemetic treatments. SyndrosTM is only the second pharmaceutical cannabinoid to win approval by the FDA for marketing in the United States. Unlike Marinol, which is manufactured as a capsule containing THC in sesame oil, SyndrosTM is an orally administered liquid formulation that has a quicker onset and can be self­titrated, meaning the patient can use as much or as little as they need by making small adjustments in the amount they take.

    SyndrosTM carries the same risk of side effects as Marinol including psychiatric and cognitive effects and impaired mental and/or physical abilities. There are only a limited number of patients who would stand to benefit from a product like SyndrosTM. Patients currently taking Marinol are the most likely to benefit by switching to SyndrosTM as they would be able to self­titrate their own dosage and improved bioavailability. Ultimately this is a good sign that the FDA is willing to approve new cannabinoid drugs that meet their high standards for approval including those derived from the cannabis plant itself rather than it being derived synthetically.”

    All of this bodes well for the big board pharma companies looking to synthesize specific parts of the cannabis plants for drug treatments as a ruling from the Drug Enforcement Administration is expected to happen within the next 6 month. The referenced ruling is in regards to the possible rescheduling of Cannabis. Marijuana is currently listed as a schedule 1 drug alongside LSD, Crystal Meth, Heroin, MDMA (ecstasy) and Mescaline (peyote), despite the fact that cannabis has never caused a person to die from overdose. Advocates have long felt that the demonization of marijuana and lack of study has been more about politics than common sense measures. If cannabis is rescheduled to class 2, 3 or removed entirely the entire industry will expand rapidly. The first companies to benefit will be, ironically, in the sector that has lobbied against cannabis so ardently; Big Pharma. These Biotech companies want a schedule 2 classification which would expand the study, while everyone would settle for 3 or complete removal.

    Michael Berger from Technical420.com stated “The rescheduling of cannabis will serve as a major catalyst for the biotech industry and those companies that have cannabis related drugs in their drug trial pipeline will bring in new investors that were once gun shy about Marijuana Stocks due to the current classification.” He went on to tell MarijuanaStocks.com that “current speculation from industry insiders is that companies like INSY, CARA, ZYNE GWPH could all be acquisition targets from some of the Big Pharma super powers.”

    There’s no doubt in our mind that this would be an event driven catalyst that the Marijuana sector thrives on, enhancing the overall public & private markets. We can only hope that common sense and logic will win out there by opening the door to full legalization.

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      Oxis Biotech, a wholly-owned subsidiary of Oxis International, Inc. (OTCQB: OXIS) is a biotech company that we introduced to you back in January 2015 that gained approximately 250% just 3 months after we initiated coverage on the company. This emerging biotech, led by an experienced CEO who once before took an OTC listed biotech with a market cap of about $2M to a NASDAQ main listed company now sporting a $325M market cap, has just released potentially game-changing news.

      OXIS has just taken a TREMENDOUS step forward by executing an exclusive worldwide license agreement to further develop and commercialize DT2219ARL, a novel therapy for the treatment of various human B cell cancers, leukemia and lymphomas. But this isn’t just any ordinary infant drug. DT2219ARL has already completed an FDA Phase I study with promising results!

      The Story Behind the Drug

      The University of Minnesota posted an article on their website detailing the extraordinary work done behind the development and success of DT2219ARL. You can read the entire article here: https://give.umn.edu/stories/clinical-trial-triumph

      The article details how In June of 2012, University of Minnesota physics professor Cynthia Cattell, Ph.D., discovered she had aggressive B-cell lymphoma, a blood cancer that required immediate, intensive treatment. That treatment—chemotherapy, radiation, and two bone marrow transplants—was brutal, leading Cattell into and out of the hospital for months. Worse, it wasn’t working; her cancer kept growing back. Then, her doctor told her about a Phase I clinical trial underway at the U and asked if she was interested. That clinical trial was that of DT2219ARL.

      Fast forward some time and one month after her second round of DT2219ARL, Cattell’s tumors have vanished. And almost a year later, she remains in complete remission.

      Dr. Daniel A Vallera, professor at the University of Minnesota Masonic Cancer Center responsible for developing DT2219ARL, got a rare opportunity to come face to face with Cattell, who had gone into complete remission because of a drug he had developed.

      Cattell explained, “To meet the person who developed the drug that saved your life? Incredible. I’m so grateful for the work he’s done, and I hope that by participating in the trial, I’ve helped them learn more about the drug and that it will help save other people.”

      What This Means for OXIS

      We believe this is an absolute game changer for OXIS. This could be the drug that takes OXIS to the next level as a public company. In an interview conducted by the Wolf of Weed Street earlier this year, OXIS CEO Tony Cataldo made it very clear that he believed OXIS would up-list to a major exchange at some point this year. He stated how he was implementing the same strategy and process with OXIS as he did with Lion Biotechnology (LBIO), formerly Genesis Biopharma, the biotech company that went on to up-list to the NASDAQ and reach a recent 52-week high of $15.03. And with this news announcement, we believe OXIS now has enough assets in their pipeline to conduct a large institutional raise with a major investment bank and complete an up-list to a major exchange.

      Having a drug with positive Phase I clinical trial results should make OXIS a primary target for several investment funds looking to cash in big on the next major breakthrough in cancer therapy. The biotech industry overall has been the hottest sector in the market this year. Couple that with Cataldo’s past success in biotech and we expect OXIS to have their pick of the litter when it comes time for a major institutional raise to proceed with advanced stage FDA trials and eventually commercializing DT2219ARL.

      Cataldo also mentioned how he would only do an up-list with a simultaneous institutional raise because a reverse split would be necessary to qualify for a NASDAQ listing since the current share price is around $0.025 with a market cap of $12.9M. Needless to say we expect the addition of DT2219ARL to drastically increase the market value of OXIS. The current share price also happens to be about the same share price Genesis Biopharma was before conducting a reverse split, becoming Lion Biopharma, and up-listing to the NASDAQ, which was all done with a simultaneous institutional raise. Hmmmm, sound familiar???

      Listen to the interview from January 2015 here: http://marijuanastocks.com/wolfofweedst-interviews-oxis-ceo-tony-cataldo/

      As a company, OXIS has been relatively quiet lately issuing just a couple press releases with no real major announcements and now we know why. Cataldo has been hard at work to land the exclusive worldwide rights to DT2219ARL. In the press release, Cataldo stated how several other major biotech companies were interested in acquiring DT2219ARL. He went on to say, “This cancer therapy along with our existing platform, puts us in the forefront of next generation therapy alongside companies like Amgen Biologics (AMGN) and Seattle Genetics, Inc. (SGEN).” AMGN and SGEN trade at $147 and $40 a share with market caps of $111.4B and $5B respectively.

      Dr. Daniel A Vallera said, “We are very excited to continue this work with Oxis Biotech.” He continued, “A stellar commercialization partner is critical at this juncture since our FDA trial is scheduled to resume with a superior dose scheduling involving multiple cycles of therapy. We expect even better responses with more aggressive treatment and need to move forward quickly.”

      The FDA Phase I Study

      Twenty-five patients with advanced B-cell lymphoid malignancies expressing CD19 and/or CD22 were enrolled in a clinical study to evaluate DT2219ARL in a phase 1 FDA study. Patients were enrolled that had previous failed chemotherapy, immunotherapy, and/or hematopoietic (bone marrow or stem cell) transplantation. Patients received a single course of DT2219ARL according to study rules. Adverse events were successfully managed and included weight gain, low albumin, transaminitis, and fever were transient grade 1–2 and occurred in patients at the higher doses tested (³40µg/kg/day). Durable objective responses occurred in 2 patients at these higher doses. A complete response occurred in the only patient given a second cycle of therapy that had a 70% cancer reduction after the first cycle of therapy… The patient has been in remission for a year now. Correlative studies showed a surprisingly low incidence of neutralizing antibody (30%) production that could be related to the drug’s ability to suppress antibody responses. For further information about the clinical trial, see Bachanova, V., et. al., Clin Cancer Res; 21(6) March 15, 2015.

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