NXS 5.17% 27.5¢ next science limited

I've done some research into this stock over the last few days...

  1. 24 Posts.
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    I've done some research into this stock over the last few days and found the info below interesting. I'll leave the commentary of what this means for a valuation or buy/sell to others as I find that aspect of understanding a stock harder than anything else!

    What is Xbio?
    From patents and ingredient lists on their website and FDA listings it's a combination of the following:
    -1. Surfactant which in the current products is benzalkonium chloride (BZK), the same active ingredient and concentration used as a disinfectant in other wound gels, disinfectant wipes and diluted household disinfectants like 'pine o cleen'.
    -2. A weak organic acid like citric acid or acetic acid (vinegar), both have been shown effective for biofilm and used for a long time in burns and other applications due to biofilm activity.
    -3. Alot of buffer, usually sodium acetate or sodium citrate to keep the pH stable.

    FDA approvals
    The FDA approvals don't seem to relate to any biofilm efficacy or validation of a novel technology. The products might be amazing but I don't think the FDA have assessed this:
    - The wound gel BlastX FDA approval is based on the description that the benzalkonium chloride is an antimicrobial agent so it's the same as the predicate product, Anasept antimicrobial gel.
    - The SSI wash Bactisure FDA approval is based on being similar to Prontosan and removing bugs with mechanical action of irrigation.

    Interesting to watch!
 
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Last
27.5¢
Change
-0.015(5.17%)
Mkt cap ! $80.21M
Open High Low Value Volume
28.5¢ 28.5¢ 26.0¢ $30.57K 112.2K

Buyers (Bids)

No. Vol. Price($)
1 19549 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 9999 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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