Hi all,
I have been doing a little digging the last two days and I see there is similar post about what I have read, one in particular misleading regarding BIT working with the CSIRO. Heres what I know so far about whats happening on a Global and National level here in Australia. Some of this info is from the age "Insight" (which my good wife brought home for me to read) and other information is from the interview with Dr. Miller with Proactive Investor on 30th January which is available to see online, its been posted here before. There is also the interview with CommSec on 20th Jan which is widely available. But there is a lot more going on in the world beside what we are doing. My hope is that we are working alongside one of these doods.
From the Age (Liam Mannix), please let him have all the credit for the age info. Thanks Liam.
Known as the Coalition of Epidemic Preparedness innovation (CEPI) Launched 2017 and Headquarters in Norway. They plan to build "platform vaccines" that could instantly adapt to new viruses when they emerged. They want to isolate the coronavirus to testing a vaccine within the next 16 weeks-so it would be ready for wide distribution within the next 12 to 18 months. This is very fast! Its first major test has come lighting faster than anyone could have expected the COVID-19.
A breakthrough with the Doherty Institute for Infection and Immunity in Melbourne, mentioned in the proactive interview with Dr. Michelle Miller, but more in debt was also mentioned in the age on Saturday 22nd of Feb in the "Insight article", said, they captured a sample of the first diagnosed person in Australia with the disease, they placed the virus in a flask filled with monkey kidney cells, monitoring the flask via a video camera. The cells start turning black until the entire dish is filled with death. Now I wish the Doherty Institute was on the ASX but no joy, sorry!
The CEPI coalition has now three vaccines coronavirus in development around the world with hope that a least one works. Two of the are being developed by pharmaceutical companies working with CEPI. Inovio and Moderna, are of a type known as DNA vaccines.
The other being developed in Australia is a "molecular clamp" vaccine (who could this be)?. One key thing the CEPI is doing differently is to not use the virus in a the new outbreak, instead they are using a genetic code.
My observation:
The University of Queensland is involved, its out there of course. Note here that Paul Young is a respected guy in the field. He is also referred to in the interview with Michelle in the Proactive Investor video on 30th Jan 2020 there a link there? I am sure there is as much as I am sure other people know more than me here so please feel free to fill us in!
The CSIRO is working on this also where proteins will be grown. Question here btw, whos proteins are they using
? They are doing test in Geelong and they have used the sample from the Doherty Institute to grow their own vats of coronavirus. These will go to ferrets who will be exposed to the coronavirus. The results will be know quickly apparently. I am assuming they are fast to show resistance (Ferrets)? If they stay healthy, human trials can begin. OKAY!! please not the cure could be years off.....
The Doherty Institute is working on this...they killed whatever was in the dish. What was in those monkey kidney cells as per the Age article? Do these monkeys have that have a resistance? Are monkeys the key? They do not mention what was in the monkey cells in the article. Are they just monkey cells? My question here is, do monkeys get this virus? Are these monkey resistant to this virus? DO MONKEYS HAVE THE KEY PROTEINS? Or am I being too analytical?
Sorry I havent the time to find the article I read yesterday regarding the link for BIT with CSIRO and other companies because I am time poor right now but I did see the article somewhere on the net. Its only legit when we see a announcement re what BIt is doing, however saying that I did read there was four companies working on coronavirus and they were high pofile and BIT was one of them. working individually!!!!
Take into account that in her interview Dr. Miller is very positive about the HIV work done and the stage two trial currently (HIV stage 2 trial). She goes on to say its a situation where at phase two into trials (HIV) that big Pharmas want to takeover etc. and BIT is doing very well going forward in that arena. (not her exact words but please have a look at her interview, not word for word but close).
Other major bonuses with BIT..
Theres 8M in the bank.....more.
There pulling under 1.75M a year on expenses. (lots of leverage before another CR). They dont spend willy nilly!!
In business 12 years with lots of experience and IP.
700M shares on the market. The price can go high very quickly.
If the big pharmas dont go for the current interest in the proteins that BIT have for possible upside on the coronavirus, there is definitely too much potential for the HIV phase 2 trials that could not be ignored that also has potential upside to kill the virus (COVID-19). BIT are leading the world in a potential cure for the virus and thats reality for me, please have a look at Dr Millers videos going way back even 7 tears ago..... So in my opinion there is a potential takeover if not a major lease deal to come in some regard.
I wish all holders well and potential investors growth in the future.
You have to watch this BIT next week. Looking by the buys last week and some pretty solid money, it has a lot of upside knowing news is on the way in my view there is lots of potential in the coming 5 weeks. With heavy ground at 12 c and above its a no brainer for me!
Best of luck all....
(20min delay)