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BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

Expectation was OCT 24th based on previous discussions SM had with USPTO. There have been numerous submissions to USPTO as recently as OCT 10th. Now either we assume these are final clarifications on minor issues OR that this is going to keep going for a while... The USPTO changed their response time framework/rules recently and thus we have no assurance of the OCT 24th response. Could be next week though.:(
 
Re: BLT - Benitec Limited

britishcarfreak said:
Expectation was OCT 24th based on previous discussions SM had with USPTO. There have been numerous submissions to USPTO as recently as OCT 10th. Now either we assume these are final clarifications on minor issues OR that this is going to keep going for a while... The USPTO changed their response time framework/rules recently and thus we have no assurance of the OCT 24th response. Could be next week though.:(
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thanks for the response.
i was looking through google, can't find any news regarding this.
yeah hopefully this is it. the final decision and blt wins :D
waiting too long for this decision.
cheers
 
Re: BLT - Benitec Limited

this shares have been idle for months.
due to uspto decision which never arrives.
hovering around 10c area.
but today's trading is suspicious.
first hour trading, already jump 45% to 14.5c. :eek:
and now steady at 12c.

any idea regarding this?:confused:
 
Re: BLT - Benitec Limited

I noticed this too.. I am considering taking a punt..
I currently have BLT in an office comp I am running but currently no actual money in it ...
 
Re: BLT - Benitec Limited

almost out at 14c.
but considering if this is really true, news is around the corner.
then i will be kicking myself.
hopefully i am right or am i?:(
 
Re: BLT - Benitec Limited

Much news is imminent.

USPTO decision re upholding/denying Graham '099 patent - a foundation patent that is worth many millions - possibly into the billions if it works out in commercial deals.

Update on trials of AIDS related lymphoma stuff... rumours are that this is not going to plan.

Commerical deals on licencing of IP ????

High risk as always.
 
Re: BLT - Benitec Limited

Monday, January 7, 2008
Breaking News: Pfizer Licenses DNA-directed RNAi Program from Tacere for the Treatment of HCV

Representing the first major DNA-directed RNAi licensing deal to date by Big Pharma, Tacere announced today licensing of its late preclinical-stage AAV-RNAi HCV program, TT-033, to Pfizer. Detailed terms were not disclosed, but Tacere will be eligible for up to $145 in development milestones, plus royalties on sales of drugs. Pfizer will assume all development work and cost.
TT-033 consists of an adeno-associated viral vector (AAV) expressing small hairpin RNAs (shRNAs) that are expressed from the viral vector. The shRNAs are processed by the RNAi machinery to yield small interfering RNAs that target the HCV RNA. This vector is devoid of any viral protein-encoding gene and has proven extremely efficient in transducing liver cells in mice and in many cases effecting almost complete gene knockdown. Tacere acquired the rights to TT-033 from Benitec when Benitec, due to funding problem, downsized and left the US in 2006. Benitec retains a stake in both Tacere and TT-033.
With today’s announcement, Pfizer is continuing is strategy of small, but deliberate RNAi technology deals. Tacere is a Bay Area company and close to Pfizer’s new Bioinnovation Center in South San Francisco. Last year, Pfizer made clear that it wants to become a major player in RNAi Therapeutics as part of its biotechnology initiative. It will now be interesting to watch whether Pfizer will take a broad technology license from Alnylam to protect all of its ongoing RNAi projects (Alnylam announced today that it is confident to close at least 2 major Roche-type technology licensing deals in the not-to-distant future).
The deal is a validation of AAV technology for gene therapy. AAV has shown great promise in addressing the RNAi delivery challenge for a number of organs, including the liver, brain, and eye. Benitec, Tacere, and Targeted Genetics currently have significant interests in AAV-mediated RNAi.

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wow.. will this be the turning point to go north?
good luck all holders
 
Re: BLT - Benitec Limited

now now...
they called for trading halt til thursday.
maybe due to this breaking news.
this could mean a very good news that we have been waiting for.
good luck all :D
 
Re: BLT - Benitec Limited

Good luck I dont hold apart from in a share tipping comp but last time they announced a licence to Pfizer this stock ran hard.. I note that they dont seem to mention amounts of money in the annoucements in the past which make it hard to judge how good the annoucemnt is however is looking very positive..
 
Re: BLT - Benitec Limited

trading halt lifted.
news confirm by BLT.
now we will see where this deals will affect the SP.
last time, it went to the roof.
today, i think this will wake the market.
good luck all holders:D
 
Re: BLT - Benitec Limited

powerkoala said:
trading halt lifted.
news confirm by BLT.
now we will see where this deals will affect the SP.
last time, it went to the roof.
today, i think this will wake the market.
good luck all holders:D
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Yes P_K, nice ride today.:D I'm glad my patience held on.

This stock being so volitile, I sold half my pacel today to return my capital and some. the other half is free riding to see if it will go on from here.

Its important now to hold neckline of 18-22c IMO.
 

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Re: BLT - Benitec Limited

i am with you SGB.
sold twice my holding and reenter again.
good grief finally this news really drives SP up.
looking good with huge volume today.
have to wait what media will report today's action and see what happen tomorrow.
looking to top up again pretty soon :)
cheers
 
Re: BLT - Benitec Limited

powerkoala said:
looking good with huge volume today.
have to wait what media will report today's action and see what happen tomorrow.

cheers
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Yep your right P_K, volumn is quite extraordinary after viewing the history. This is the biggest day to present as far as I can pull up.
 

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Re: BLT - Benitec Limited

Wow. I was out all day and didn't have a clue until tonight that I sold my BLTO at .065 when I had bought them at .03 months ago and had been sitting on a massive paper loss for a while with them having fallen to .011!!

Wow what an uexpected but very welcome upsurge.

I came home tonight, logged on and saw the confirmation of sale email. I could not believe it especially when the SP for BLTO at that moment was .02 I am so happy I can pay my big big dental bill, pay off my summer holiday spending debts and have some left over for further investment.

Then I checked the day's action for BLT and saw more good news!!! Although I did not have a sell order for those shares at the day's top SP or any sell order for them at all, I am pleased to see how they have fared, but will they fall tomorrow? Oh well I am in these for the long term so come what may.

But boy am i glad to be a seller today at top SP of BLTO which expire in April and I could have lost my whole investment ... but instead I made tidy profit

Am somehow sorry for the person(s) who bought my BLTO at .065 but that is the way of the world in the share market. Hopefully they will come back to bring a profit to those who made me happy today but time is running out for BLTO .. and I got out in time with a smile on my face -- nice surprise :)
 
Re: BLT - Benitec Limited

In fact my BLTO's purchased at .03 cents a while ago this year had fallen recently to as low as .001. I was irked but not over concerned as it was justone of those things we experience when we buy options on spec like that. To have them sell today at .065 is just too cute for words.

I am very pleased and apologise to anyone who is offended by my joy, who may have bought them earlier today and looking at quite a loss at the end of the day.

Its unbelievable how some stocks take a few years to have their SP rise by 150% and for the specs it takes only 24 hours - but then what goes up fast goes down fast too and that is extra pleasure to know I have sold out in time for a change. Usually I hold and hold specs until its too late to profit well.
 
Re: BLT - Benitec Limited

vida said:
In fact my BLTO's purchased at .03 cents a while ago this year had fallen recently to as low as .001. I was irked but not over concerned as it was justone of those things we experience when we buy options on spec like that. To have them sell today at .065 is just too cute for words.

I am very pleased and apologise to anyone who is offended by my joy, who may have bought them earlier today and looking at quite a loss at the end of the day.

Its unbelievable how some stocks take a few years to have their SP rise by 150% and for the specs it takes only 24 hours - but then what goes up fast goes down fast too and that is extra pleasure to know I have sold out in time for a change. Usually I hold and hold specs until its too late to profit well.
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Hi vida

Congratulations,:)...... go and enjoy it. Its been along time comming for all holders.

SGB
 
Re: BLT - Benitec Limited

Thanks SGB. I hope you are doing well too.

Its about time that BLT got going in a positive direction.


SGB said:
Hi vida

Congratulations,:)...... go and enjoy it. Its been along time comming for all holders.

SGB
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Re: BLT - Benitec Limited

A price increase again today with a rise in the volume traded but after watching and holding for over 12 months still waiting for an upward price movement to be sustained.
 
Re: BLT - Benitec Limited

The SP increase was nothing, just a blip which has disappeared. I've been holding over a year now too which is good as now if I sell I owe less CGT.

I have a feeling one of these days the stock will strike gold for us but it may be a long slow time before then. Sigma-Aldrich has a holding of many millions and they would sell if they didn't feel it justified.


BULLFROG said:
A price increase again today with a rise in the volume traded but after watching and holding for over 12 months still waiting for an upward price movement to be sustained.
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Re: BLT - Benitec Limited

Guess the share price last week had something to do with the License deal announcement today. Should see a rise in the next few weeks IMO Good Luck to all who hold:)
 
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