Qbiotics, page-250

More on the TDM placement in AFR

https://www.copyright link/companies/healthcare-and-fitness/tdm-ploughs-50m-into-anti-cancer-biotech-qbiotics-20210311-p579yv

Excerpts

TDM Growth Partners co-founder Hamish Corlett said he had been tracking the progress of the company since 2016 and he was confident QBiotics would be one of the country’s healthcare success stories, in the same vein as CSL, Cochlear and ResMed.“We know this treatment is safe, it has very low toxicity, it’s very easy to administer, it’s very easy to store and it’s very low cost in the scheme of any sort of anti-cancer drug,” he said.“If you can prove the efficacy and have all those additional benefits, as well as the potential application across a range of solid tumours, that creates a very special opportunity

Dr Gordon said she was hoping to partner with a major pharmaceutical company to get the drug to market for humans in the short-term, but in the long-run she intends for the company to be a big pharma company in its own right.


In the early 2000s when QBiotics was just starting out, companies like AstraZeneca and GlaxoSmithKline were investing in small molecule drugs and recently these companies have taken an active interest in the area again.“There has been a trend toward biologics in the last 20 years, but small molecules are making a resurgence,” she said.“They’re inexpensive to make and the industry is looking to get back into small molecules and we’re well-positioned to capitalise on that.”While TDM is content to support QBiotics as a private company, Mr Corlett said the business was already well-positioned to list on the ASX.“I am joining the board and there’s an intention to keep this as an Australian business and list it on the ASX, but the board will decide on the timing,” he said.“We’re very happy for this to be private for a long time.... but it’s not far from being public company ready. It has a world-class board, the systems in the business have been well-developed and the heavy lifting has already been done.“


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