anotrade
4 years ago
Vaxil just released an update and it wasn't all positive.
https://vaxil-bio.com/vaxil-provides-strategy-update-from-conclusion-of-covid-19-challenge-study/
But the admin from our Discord group comes to another conclusion:
Ok so...what happened earlier from everything I've gathered....someone on the cad side dumped 300k shares at open...1 of 2 reasons a leak, or someone mad they didn't get news and said fuxk it, that cause all the retail to dump like crazy after seeing -20%....then a whale scooped them all up at -70% and brought it back up to .44, a circuit breaker was triggered due to the offer trading. Which inreturn caused the halt. They did and still are investigating a leak, probably will go nowhere. Now as for the news release! Spoke with people (not saying who anymore, after all the threats), they could have and should have worded it better. Its not as bad as it seems. Some mice actually lived, most died suddenly in the end, the u.s army and both vaxil.were actually quite pleased with the first trial. They all.believe it's a simple dosage mistake. The oral also seems more promising once they figure out the links. This is nowhere near over and the signal peptide method will be proven once they get the kinks right. Alot of buzz from big pharmas who saw this news and actually was still pleased...soo calm down people. Sucks balls...how sp was decimated! Unreal the sell offf
Just know this will be back and very soon with news and better than ever, I just know it
Now as for this discord..end of week have to pick something else...if not tomorrow.. vaxil will take a week or so to get back on track
Skydive21
4 years ago
FURTHER UPDATE ON USAMRIID CHALLENGE AND ADDITIONAL EUROPEAN PATENT GRANTED FOR VAXIL’S ANTICANCER ANTIBODY PLATFORM
NESS-ZIONA, Israel, Feb. 01, 2021 (GLOBE NEWSWIRE) -- VAXIL BIO LTD. (“Vaxil” or the “Company”) (TSX VENTURE: VXL), an innovative immunotherapy biotech company specializing in cancer and infectious diseases, is pleased to announce that Dr. Michael Berelowitz has been appointed as special advisor to its board.
Dr. Michael Berelowitz, formerly Pfizer’s Head of Clinical Development and Medical Affairs (Specialty Care), has enjoyed a 50+ year career in the biomedical sciences across the clinical practice of medicine, basic and clinical research and teaching, along with senior responsibilities in administration, budget management, and people leadership in academia and pharmaceutical companies/industry settings. Michael has also served on company boards, including public companies. This diverse experience provides Michael with a unique and valuable understanding of the world's biopharmaceuticals and their future. Dr. Berelowitz’s full bio is detailed below.
Dr. Berelowitz has been granted 125,000 stock options (the "Options") pursuant to the Company's stock option plan, exercisable into an equal amount of common shares in the capital of the Company (“Common Shares”) at an exercise price of CAD $0.42 per Common Share. The Options vest in four equal installments, with the first installment on March 31, 2021, and the subsequent installments on June 30, 2021, September 30, 2021 and December 31, 2021 respectively. All the Options expire on February 1, 2026.
The company further updates that the USAMRIID experiment is proceeding on schedule, including the COVID-19 challenge, which was administered late last week.
The Company further advises that it has successfully obtained a European patent for its anticancer antibody platform - European Patent EP2756307B1 entitled “Antibodies directed against signal peptides, methods and uses thereof”. This granted patent provides broad patent protection for an antibody for use in the treatment of a MUC1 expressing cancer, as well as for an ex vivo method of diagnosing cancer in a subject and an ex vivo method for determining the suitability for treatment of a subject suffering from a MUC1 expressing cancer. Kits for practicing these methods are also included. This patent strengthens Vaxil Bio’s broad patent coverage with regards to its proprietary anti-cancer and anti-pathogenic portfolio.
“We are very pleased to welcome Michael as a special advisor to our board. His extensive and relevant experience will significantly add to our talented team of executives and scientists. I am excited to be able to bring his medical background together with business acumen to support our portfolio and future growth as we progress through preclinical and future clinical phases,” said David Goren, Vaxil’s Chairman and Chief Executive Officer, and continued, “the granting of an additional European patent bolsters our already robust patent portfolio and demonstrates our commitment to further expand our pipeline across oncology and infectious diseases.”
skitahoe
4 years ago
Bruce,
I know little about their production capability. The question is, if they move the vaccine into people, and if it's determined to be effective, do they have the capability to generate millions, or tens of millions, or hundreds of millions of doses annually.
As I see it, worldwide the need for Covid-19 vaccines is great. A friend sent me a NY Times article indicating that in reality th e vaccines currently in use are really close to 100% effective, not because you won't get Covid-19 with them, but rather for the 5% that does, it's a mild case.
Even if a vaccine were 50% effective, if the other 50% had mild cases, the threat would be greatly diminished. What I don't know is if on a single dose which is said to be about 50% effective, does the other 50% only get mild cases of the disease. If that were the case, I would think it better to get all that first dose even if it meant the second didn't come for a few months.
Gary
skitahoe
4 years ago
I purchased it at Milo's suggestion as well, I've not sold a share, though I don't have that big a position. If the company maintains it's current price, I suspect it will be able to move off the grey market and onto the OTC, then it will be much more visible. When Milo suggested it, he advised purchasing it as VXL on the Canadian exchange, but I purchase VXLLF through Fidelity, who assured me it was precisely the same when you convert from Canadian currency to U.S.
I believe that most of the work they do is done in Israel, I'm uncertain why they choose to put it on the Canadian exchange. I did just look it up and the site I was taken to by Fidelity for a detailed quote indicated that it's on the OTC. I'm uncertain if that's right, or if Grey quotes as OTC. I would have thought the symbol would change if moved to the OTC from the Grey's.
I saw one report indicating they intend to release further results late January, it didn't specify which product. I'm uncertain if it's Covid related, but clearly they have something which may work on Covid in addition to what they originally intended it for. The company is also working on MM and other cancers, no telling what's really working for them. I'm planning to let it ride. By far my biggest investment is in NWBO which I believe has explosive potential once they release the TLD from their Phase 3 Trial.
Hope you have a great year as well, stay healthy.
Gary
BruceLake
4 years ago
Yes that is the news that has created such excitement. The link contains the following info posted by the CEO David Goren. The "$1.3 million cash and cash equivalents" is more than the cash that I thought they had, but then again I don't know what the "equivalents" refers to.
This stock was recommended to me by MjMilo and bought a bunch over a year ago. Fortunately I kept a few. Still puzzled why it hasn't received more attention on this board. But maybe that's a good thing!
GLTY. I hope you have a great year!
VAXIL’S ANNUAL AND SPECIAL SHAREHOLDERS MEETING AND UPDATE ON EXERCISE OF WARRANTS
Posted on January 2, 2021 by David Goren
02
JAN
Not for distribution by US newswire or in United States
NESS-ZIONA, ISRAEL – December 31, 2020 – VAXIL BIO LTD. (“VAXIL” or the “COMPANY”) (TSX VENTURE: VXL), an innovative immunotherapy biotech company specializing in cancer and infectious diseases, announces that at the Company’s Annual and Special General Meeting, held on December 30, 2020 in Toronto, all resolutions were duly passed by shareholders.
The Company also announces that since November 26, 2020, the date of the filing of our condensed consolidated interim financial statements for the nine months ended September 30, 2020, we have received aggregate proceeds of $115,000 from the exercise of previously issued (January 2018) warrants, having an exercise price of $0.10 per warrant.
As of December 30, 2020, the Company has $1.3 million in cash and cash equivalents.