QBI - QBiotics Limited

[Aargh!]

Hi all,

So I saw this on Sunrise some time back and now they're doing a cap raise...

"Opportunity to pre-register for the upcoming QBiotics Offer
From the desk of Victoria Gordon, CEO of QBiotics Limited
Thankyou for expressing interest in our company. QBiotics Limited is the owner of anti-cancer drug EBC-46 which has been the subject of recent media attention on A Current Affair and also Sunrise (Seven) for its success in treating solid tumours in pets.

QBiotics Limited, a wholly owned subsidiary of EcoBiotics Limited, is focused on developing EBC-46 through to commercialisation in the human and veterinary markets globally. Preperations for Human Trials have commenced.

We now invite you to pre-register for the upcoming QBiotics Limited offer. By pre-registering you will be kept up to date with the upcoming capital raising, as well as general updates from the company as they are made public.

Cancer - a Global Problem:
The American Cancer Society estimated that globally more than 12 million people will be diagnosed with cancer and 7.6 million will die of cancer this year. That's about 20,000 deaths per day. In Australia more than 43,000 people are expected to die from cancer in 2010. An estimated 114,000 new cases of cancer will be diagnosed in Australia in 2010.

About QBiotics and EBC-46:
From deep within the tropical rainforests of North Queensland, we have found a new generation drug we have named EBC-46. The results of veterinary trials on inoperable tumours support the potential of this drug in the global multi-billion dollar human and veterinary markets.

QBiotics has developed EBC-46 from conception. The IP rights are unencumbered and the patent is pending for use in Australia, New Zealand, USA, Canada, India, China, Japan and Europe.

Successful Results:
The drug has proven to be strongly efficacious during Veterinary Trials successfully treating a range of spontaneous tumours in over 100 dogs, cats and horses.

Results to date have been encouraging (click here to view case studies) with the total disintegration of tumours, together with rapid healing and no adverse side effects. Preparation for Clinical Phase I trials in humans have commenced and these trials are expected to begin early 2011."

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

Look under the Media section of http://www.qbiotics.com as well as the Case Studies section.

Another interesting video explaining how the drug works: http://www.brr.com.au/event/62506/ecobiotics-dr-victoria-gordon-ceo--co-founder-a-company-update

Seems this new type of drug has huge potential not just in the veterinary market but in the human market.

The drug will be on the Australian veterinary market this year.

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

Seems this new type of drug has huge potential not just in the veterinary market but in the human market.

I love "Seems", cool word dude!

Did you ever consider asking them more about their findings?

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

Share offer: $5 million + $5 million over-subscriptions @ $0.30 a share to fund clinical phase 1 human trials.

Issuing: 16,666,667 + 16,666,667 shares
Parent company Ecobiotics owns: 175,000,000 shares
Market Cap: around $60 million

It appears there would be a trade sale at human clinical phase 2 trials for between US $600-$800 million.

There would be a cap raise to fund phase 2 trials of $25-$30 million. Even then the returns would be significant.

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

Share offer: $5 million + $5 million over-subscriptions @ $0.30 a share to fund clinical phase 1 human trials.

Issuing: 16,666,667 + 16,666,667 shares
Parent company Ecobiotics owns: 175,000,000 shares
Market Cap: around $60 million

It appears there would be a trade sale at human clinical phase 2 trials for between US $600-$800 million.

There would be a cap raise to fund phase 2 trials of $25-$30 million. Even then the returns would be significant.

Just like the PLI holders right ???

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

Seems this new type of drug has huge potential not just in the veterinary market but in the human market.

I love "Seems", cool word dude!

Did you ever consider asking them more about their findings?

LOL - Well I used that because it hasn't been tested in humans yet... However it is extremely effective in animals.

100 case studies so far, no side effects, successful in rapidly 'dissolving' tumourous cancers.

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

Just like the PLI holders right ???

I've no idea about what happened with Peplin... Only that they're mentioned in the OIS of Qbiotics as a trade sale last year of $288 million for a phase III drug treating Actinic Keratosis.

If there's more to the story please fill me in

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

LOL - Well I used that because it hasn't been tested in humans yet... However it is extremely effective in animals.

100 case studies so far, no side effects, successful in rapidly 'dissolving' tumourous cancers.

Well that sounds good from a profit perspective.

Just wait till the US courts claim that a US citizen is worth more due to the treatment than an Aussie. ie. Dow Corning . eg. ala Leaky Breast Implants etc...

It might run a little, but hey with what we have now in Canberra. Invest at your own risk

DYOR

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

Well that sounds good from a profit perspective.

Just wait till the US courts claim that a US citizen is worth more due to the treatment than an Aussie. ie. Dow Corning . eg. ala Leaky Breast Implants etc...

It might run a little, but hey with what we have now in Canberra. Invest at your own risk

DYOR

It's is a speculative punt of course. But the idea of being the only drug to come out of an Aussie rainforest, as well as being discovered by a small company studying the relationships of plants and animals sounds pretty sweet.

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

It's is a speculative punt of course. But the idea of being the only drug to come out of an Aussie rainforest, as well as being discovered by a small company studying the relationships of plants and animals sounds pretty sweet.

No doubt.

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

But will the government recognise the endeavours of this company or will they go offshore for more funding? That's the ultimate question. Canberra needs to recognize the academic efforts of Australians instead of those enlightened going offshore.

BRAIN DRAIN!!!!!!

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

But will the government recognise the endeavours of this company or will they go offshore for more funding? That's the ultimate question. Canberra needs to recognize the academic efforts of Australians instead of those enlightened going offshore.

BRAIN DRAIN!!!!!!

I totally agree. A whack of the $7 million already invested in this drug has been from government grants (Johnnies grants probably), and further grants are being sought. Whether this translates into recognition who knows.

They also have an exclusive agreement with some rainforest organisation (cant remember the name) for rights to access FNQ rainforests.

 

[GumbyLearner]

Re: Qbiotics - Cancer 'Cure'

I totally agree. A whack of the $7 million already invested in this drug has been from government grants (Johnnies grants probably), and further grants are being sought. Whether this translates into recognition who knows.

They also have an exclusive agreement with some rainforest (cant remember the name) for rights to access FNQ rainforests.

Whatever the outcome. It won't be Aussie owned.

 

[Joe Blow]

Re: QBI - QBiotics

Given that QBiotics is listing I thought it appropriate to turn this thread into the official QBI thread and move it into the correct forum.

 

[Aargh!]

Re: QBI - QBiotics

"Anti-cancer drug EBC-46 to appear on Sunday Night News this Sunday 13th June 2010
Be sure to watch either Ten News (5pm), Seven News (6pm) or Sunday Night program (Ch7, 6.30pm) this Sunday 13th June."

There's also a investor presentation. To register: http://www.qbiotics.com/

 

[Wysiwyg]

QBiotics - EBC 46 - Cancer

The Blushwood Shrub found in the forests of Nth. Qld. and its derivative drug, EBC-46, is according to QBiotics, whom are an unlisted company, able to relieve and eliminate solid cancer tumours in animals. Their next phase is to trial human beings following the stringent U.S.A. FDA guidelines which is a long and exhaustive path which may take up to "seven years" to complete.

As stated by QBiotics, animal trials proved successful.

This is their website and maybe in the future we will see the company with an IPO for listing on the ASX.

http://www.qbiotics.com/#/investors/

 

[Reuben]

Re: QBI - QBiotics

Im raising the capital for QBiotics which will go to funding human trials via the FDA. As the OIS states, we are raising $10m so that the drug EBC-46 can enter trials early next year (quite a bit of prep work to do before phase 1 trials start). The trials will be run in Australia and will be to FDA standard. As QBiotics we plan to take EBC-46 through to Phase II and then exit to one of the large pharma groups who is big in Oncology. Phase III gets expensive and can cost up to $500m to run so our strategy is simply to successfully prove the drug in Phase II and then sell.
Registration in the Vet market in Australia is happening now and initial sales will commence in the next 6 months.
No IPO planned as we dont see a need because of the 2 to 3 year exit horizon. And we dont seem to have too many problems raising the funding at the moment. Most Biotechs IPO because they cant raise the funding privately, but IPO is not necessarily the right route for QBiotics at this time.

 

[comper]

Re: Qbiotics - Cancer 'Cure'

LOL - Well I used that because it hasn't been tested in humans yet... However it is extremely effective in animals.

100 case studies so far, no side effects, successful in rapidly 'dissolving' tumourous cancers.

I'm being cautious on this listing due to the 'testimonials' from the information statement, specifically page 32.

If there have been 100 case studies, why the need for Elton Buchanan (the brother of Reuben Buchanan, the Company’s Corporate Finance Manager) to be the only successful outcome example of the two testimonials in the document?

 

[Aargh!]

Re: Qbiotics - Cancer 'Cure'

I'm being cautious on this listing due to the 'testimonials' from the information statement, specifically page 32.

If there have been 100 case studies, why the need for Elton Buchanan (the brother of Reuben Buchanan, the Company’s Corporate Finance Manager) to be the only successful outcome example of the two testimonials in the document?

There's been over 150 case studies to date. Elton's testimonial was used last year in the Sunrise report. I guess they had their reasons to use him, strong emotional connection to his dog etc to help with the story, you know the usual drama that comes from Aussie TV. It wouldn't make sense to fill the entire OIS with testimonials, it works in animals.

 

[Aargh!]

Re: QBI - QBiotics

Seems there was a fair bit of coverage over the weekend. Check these videos out:

ACA: http://aca.ninemsn.com.au/investigations/1068288/australias-healing-forests

Sunday Night: http://au.tv.yahoo.com/sunday-night/

Sunrise: http://au.tv.yahoo.com/sunrise/fact...rainforest-cancer-cure-on-sale-soon-for-pets/

Seems as though there's a fair bit of speculation of desperate human patients getting hold of the drug to try and treat/cure their own cancer. Hopefully this doesn't happen and hinder the progression of the drug development.

We won't see any results from the human testing (on cancers) for at least a year and a half. Phase I human trials is testing toxicity in small number of healthy humans (starts beginning 2011, one year duration). Phase II is small number of humans with targeted cancer.