AVE 50.0% 0.3¢ avecho biotechnology limited

Some discussion on another thread re CSL collaboration, warrants...

  1. 5,799 Posts.
    lightbulb Created with Sketch. 737
    Some discussion on another thread re CSL collaboration, warrants a brief.

    The collaboration is now approaching 2 years - fromJune 2009 anny.

    CSL were to initially assess their protein based formulations in a mouse model.

    If successful in mouse model the next stages were:
    1.optimize the effect of TPM formualtion
    2.testing the effect in higher order animals

    If successful and CSL persue these formulations

    POH gets an undisclosed option
    milestone payments
    royalty payments

    Now I'm no scientist but I would expect that nearing 2 years would mean things have progressed well, as I don't think CSL would waste this much time if things weren't progressing.

    Vaccines and plasma protein biotherapies are major lines of CSL.

    Our discussions in the past have centred around the possiblity of providing vaccines via patches which in essence would be life changing particulalry in the 3rd world. No needles, no refrigeration, mass produced patches.
    We talk about our oxycodene as our holy grail, well this could dwarf it.
    Nothing in this game is certain, but as long as the game is going we have a chance of winning it.
    CSL will take there time, cross the t's, dot the i's and then do it again.

    Every bio company, even the biggies, are looking for the next edge to keep them ahead of the pack.
    Stay tuned.
 
watchlist Created with Sketch. Add AVE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $9.507M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $7.267K 2.422M

Buyers (Bids)

No. Vol. Price($)
22 36992474 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 38389117 28
View Market Depth
Last trade - 15.43pm 11/11/2024 (20 minute delay) ?
AVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.