Forum Topics BIO BIO ASX Announcements

Pinned straw:

Added a month ago

In the words of @mikebrisy "Soft News"

Still, another feather in Biomes cap.

Another potential product in the bottom draw.



ASX ANNOUNCEMENT

14 November 2024

Biome Strain Development Program Success

  • ● Biome has successfully completed the identification, commercial validation and initial characterisation of the probiotic strain Lactobacillus plantarum BMB18
  • ● The strain has been lodged with the German culture bank DSMZ
  • ● Transfer of the intellectual property, BMB18, to Biome will take place in the coming
  • weeks from Biome’s R&D partner
  • ● This new IP will strengthen Biome’s advantage in probiotic product development and
  • increase protection from competition


Click here for full announcement


mikebrisy
Added a month ago

@Arizona agree. More "soft" news. I don't think BVN should have marked this announcement price sensitive.

There are hundreds of probiotic strains in the market, and many thousands of potential strains for known bacteria species used in probiotics.

All it means is that they have the IP for this strain, Now we have to see if it has any positive health effects. The clincal studies in probiotics are relatively quick, have to pass a low bar, tend to be published in lower impact journals, and with shorter registration hurdles/times. There are several "proven" strains in the L. plantarum species, so having the IP for this isolated strain makes it a candidate for several potential studies.

So, it provides some evidence that they are continuing to drive the product development pipeline.

But price sensitive,... no way.

Fortunately, the market is behaving rationally on this one, today.

I think BVN needs to be careful not to lose credibility when making these announcements.

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