Sirona Biochem Contracts WuXi AppTec to Manufacture Revolutionary Anti-Aging/Anti-Wrinkle Compound for Clinical Trial
June 22 2022 - 3:00AM
Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF)
(“
Sirona”) is pleased to announce that it has
signed an agreement with Contract Manufacturing Organization
(CMO) WuXi AppTec (“WuXi”), Shanghai, for the small-scale
production of TFC-1326, a powerful active against the aging effects
on skin.
Years of groundbreaking research by Sirona’s
team of scientists at TFChem has shown in preclinical studies that
TFC-1326 has the potential to reverse the effects of aging on skin,
including the potential to eliminate fine wrinkles. The scientific
data is strong, and we are now preparing for a clinical trial.
There are no existing compounds that our scientists are aware of,
that have the potential to reverse the effects of the aging process
on skin to truly restore its structure and youthful appearance. The
anti-aging and anti-wrinkle markets are estimated to be $271
Billion USD globally by 2024.
We are in advanced discussions with a leading
clinical trial provider designing the planned clinical trial. Other
necessary steps, including formulation and safety work, is being
organized. As soon as this is completed and the clinical study
starts, we will provide further information on this.
“There are many anti-aging and anti-wrinkle
products available on the market currently. But to truly reverse
the damage to the skin integrity that occurs naturally with aging
is an area of unmet need. Our goal is to demonstrate clinically the
potential of TFC-1326 to restore the integrity of the skin and
return a more youthful appearance. The treatment of fine wrinkles
is also a goal. BOTOX® is the most effective on
dynamic wrinkles while static wrinkles typically are managed by
fillers. TFC-1326 has the potential to replace or supplement dermal
filler injections to treat these static wrinkles,” said Dr Howard
Verrico, CEO of Sirona Biochem. “TFC-1326 with its unique mechanism
of action is revolutionary in the aesthetic skin care space. Like
our recent success, licensing TFC-1067 and the corresponding
compound family globally, we see this as another opportunity to
showcase the tremendous potential of our platform technology. And,
of course, we are pursuing another lucrative licensing agreement
for TFC-1326.”
About WuXi AppTecWuXi AppTec
provides a broad portfolio of R&D and manufacturing services
that enable companies in the pharmaceutical, biotech and medical
device industries worldwide to advance discoveries and deliver
ground-breaking treatments to patients. As an innovation-driven and
customer-focused company, WuXi AppTec helps partners improve the
productivity of advancing healthcare products through
cost-effective and efficient solutions.
With industry-leading capabilities such as
R&D and manufacturing for small molecule drugs, cell and gene
therapies, and testing for medical devices, WuXi AppTec’s
open-access platform is enabling more than 3,900 collaborators from
over 30 countries to improve the health of those in need – and to
realize the vision that “every drug can be made, and every disease
can be treated.”For more information, please
visit: www.wuxiapptec.com
About Sirona Biochem
Corp.Sirona Biochem is a cosmetic ingredient and drug
discovery company with a proprietary platform technology. Sirona
specializes in stabilizing carbohydrate molecules with the goal of
improving efficacy and safety. New compounds are patented for
maximum revenue potential.
Sirona’s compounds are licensed to leading
cosmetics and pharma companies around the world in return for
licensing fees, milestone payments and ongoing royalty payments.
Sirona’s R&D unit, TFChem, is in France and is the recipient of
multiple French national scientific awards and European Union and
French government grants. For more information, please visit
www.sironabiochem.com.
For more information regarding this press
release, please contact:
Investor Enquiries:Jonathan WilliamsManaging
DirectorMomentum PRPhone: 1.450.332.6939Email:
jwilliams@momentumpr.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Sirona Biochem cautions you that statements
included in this press release that are not a description of
historical facts may be forward-looking statements. Forward-looking
statements are only predictions based upon current expectations and
involve known and unknown risks and uncertainties. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of release of the
relevant information, unless explicitly stated otherwise.
Actual results, performance or achievement could differ materially
from those expressed in, or implied by, Sirona Biochem’s
forward-looking statements due to the risks and uncertainties
inherent in Sirona Biochem’s business including, without
limitation, statements about: the progress and timing of its
clinical trials; difficulties or delays in development, testing,
obtaining regulatory approval, producing and marketing its
products; unexpected adverse side effects or inadequate therapeutic
efficacy of its products that could delay or prevent product
development or commercialization; the scope and validity of patent
protection for its products; competition from other pharmaceutical
or biotechnology companies; and its ability to obtain additional
financing to support its operations. Sirona Biochem does not assume
any obligation to update any forward-looking statements except as
required by law.
BMO Short Term Bond Inde... (TSX:ZSB)
Historical Stock Chart
From Oct 2024 to Nov 2024
BMO Short Term Bond Inde... (TSX:ZSB)
Historical Stock Chart
From Nov 2023 to Nov 2024