Australian (ASX) Stock Market Forum

PTX - Prescient Therapeutics

Jump to new
K

KIWIKARLOS

Joined
13 November 2006
Posts
701
Reactions
0
Hi guys

Just thought i would see if anyone else has been looking at this stock it has had a few big gains in the last couple months and may have potential to climb even more in the short to medium term.

They are developing a vaccine against HIV, today it got FDA approval for phase 2 trials and is sitting 25% higher. With so much money being poured into this problem (bill gates is ear marking something like 2 billion dollars) perhapes it could grow to be a large company
 
Re: VHL - Virax Holdings

Have been watching for a week or so now. My girlfriend's cousin alerted us to it as she bought in (works for a surgery who has bought up big)...

Quite good news and I think has large potential :)
 
Re: VHL - Virax Holdings

Have not been watching this stock but interesting as an aids vaccine is the holy grail of medicine today. If it works it will be worth billions. However its much easier said then done, thousands of people have tried and failed so this is very speculative. Has this company been talking with any of the big pharmaceutical companies and who are its biggest shareholders. These should give an inication as to the potential of their vaccine.
 
Re: VHL - Virax Holdings

i dont think it proven as in it will work but preclinical trials show a ten fold idecrease in the virus load in patients. Maybe it wont be a vaccine but rather a treatment to give people better quality and length of life.

on top of that they practically have a green light to conduct human trials if it gets over all the other hurdles.

i think it will make gains as long as there is positive news up untill the human trials then its make or break after that.
 
Re: VHL - Virax Holdings

I bought this about 2 years ago and sold a few months ago after it was just going no where. Lost patients. he he. Of course just after I sold it went balistic. This new action looks very interesting. Big vol already today. This FDA approval is big!
 
Re: VHL - Virax Holdings

hey kennas

you've prob done more research than me, what do you think the chance are of this thing working?
 
Re: VHL - Virax Holdings

KIWIKARLOS said:
hey kennas

you've prob done more research than me, what do you think the chance are of this thing working?
Click to expand...
It's got some good backers now. Even BHP is giving them funding! Governments will be behind them too, so looks like it will get the funds necessary to go forward. Like all drug trials though, if it goes wrong, then the company will be severely effected. They seem to be pretty confident in it by their ann though. Describing it as a 'company maker' puts a bit of pressure on. Does that mean if it doesn't work its a 'company destroyer' :confused:
I wouldn't be putting the house on it and if you think you're doing something potentially good for the planet in investing in it, then it's a good thing IMO. That was my approach when I bought into it previously. It's as philanthropic as I get. :)
Getting to this stage of trials is very encouraging, but it's still a speccie. Could do anything.
 
Re: VHL - Virax Holdings

KIWIKARLOS said:
you've prob done more research than me, what do you think the chance are of this thing working?
Click to expand...

KIWIKARLOS,
I just finished a biomedical degree dealing in microbiology and immunology so i'll give you my opinion on the treatment if you want. First this is the new type of treatment that is gaining a lot of popularity in the biotech industry. In theory the HIV treatment should work and my well be successful early on in the patient however HIV is one of the most rapidly mutaing viruses which means it quickly develops resisitence to drugs and treatments. Thus i wouldn't hold out for much success for the HIV treatment. However i did see that they use this platform of gene therapy against prostate cancer. Cancer i my opinion is where this type of treatment holds the most promise as cancer cell do not mutate the way a virus does. This sort of technique is being developed for many different cancers at the moment and some have had considerable success. Hope that answers some questions
 
Re: VHL - Virax Holdings

thanks mate that does shed some light on the matter.
Would you happen to know of any companies which are using this technology for cancer research.

Currently i have shares in phosphagenics which is a biomed company in melbourne i think they have some good products and ideas in the pipeline including one that has alot of potential to treat cancer.

Does the method you talk about previously work as a treatment or as a prevention of cancer? have you had a look at phosphagenics, they could really go somewhere
 
Re: VHL - Virax Holdings

KIWIKARLOS said:
Would you happen to know of any companies which are using this technology for cancer research
Click to expand...

Couldn't tell you off the top of my head.

KIWIKARLOS said:
Currently i have shares in phosphagenics which is a biomed company in melbourne i think they have some good products and ideas in the pipeline including one that has alot of potential to treat cancer.
Click to expand...

Actually i really like this company. Can't say much about their cancer treatment because the specifics are unavailable however their drug enhancement is very promising because it can be applied to a whole range of drugs. Plus insulin skin patches could revolutionise treatment for diabetics.

KIWIKARLOS said:
Does the method you talk about previously work as a treatment or as a prevention of cancer? have you had a look at phosphagenics, they could really go somewhere
Click to expand...

It can be used as both as the technique ellicits an immune response as opposed to traditional techniques which interfere with cellular proccesses within the tumor cell. The response triggers immune memory which leads to life long immunity and with no side effects in theory anyway.
 
Re: VHL - Virax Holdings

This went from 3 to 4 cents yesterday, and guess what? Today they bring out an ann.... LOL


ASX Announcement (298)
8 August 2008

Clinical testing of Virax’s HIV therapeutic vaccine (VIR201) approved in South Africa Virax Holdings Limited (ASX:VHL) today announced that the South African Medicines Control Council have approved the Clinical Trial Application (CTA) for Phase I/IIa testing of VIR201, the Company’s HIV vaccine for the treatment of HIV/AIDS.


High risk, this vaccine business, but imagine if it works?

Up 35% this am.

How about the funders:

Funding of the trial

The trial will cost approximately USD 6 million and is funded by a non-profit organisation consisting of a consortium of global and Southern African companies, led by BHP Billiton. Virax acknowledges the importance and support of the members of this syndicate. The donor syndicate includes:

• African Rainbow Minerals Limited
• Anvil Mining Limited
• Assmang Limited
• BHP Billiton Limited
• Gold Fields Limited
• Harmony Gold Mining Company Limited
• Lonmin Plc
• Mitsubishi Materials Corporation
• Nippon Mining and Metals Co. Ltd.
• Paladin Energy Limited
• Rio Tinto Limited, and
• Sumitomo Metal Mining Co. Ltd.
 
Re: VHL - Virax Holdings

Crikey! Up to 6c. Doubled in 2 days. Damn I wish I had a cristal ball.

But of course you can't trade news can you. :rolleyes:
 
Re: VHL - Virax Holdings

kennas said:
Crikey! Up to 6c.
Click to expand...

Suddenly ... 18 months passed. Trials in South Africa are continuing. There's a royalty agreement with a French pharmaceutical (which seems to me to be a bit vague about numbers), and a bit more volume on ASX trades of late,

and shazaam:

Crikey, closed just above 10c.!

Glad no-one was in a hurry.

That being said, this one may have something going for it. I've been trading in and out of it for the last couple of weeks, wondering when I should stop fooling around, and hold on for the ride (if there's going to be one :p: ). These small market cap ($16 M) biotechs can really jump sometimes.

A boardroom radio spiel by the CEO from last December may warrant the attention of those interested: http://www.brr.com.au/event/63196

Disclosure: do not hold at the moment; I'll probably revisit it soon enough.

P.
 
Re: VHL - Virax Holdings

From 9c to 14c without an announcement, but with an ann. pending, got the ASX interested :)

I looked into this company and picked up some shares today. What I like is that their South African trial for the HIV vaccine costs $6 million but is not being paid for by shareholders - private donors are funding it.
 
Re: VHL - Virax Holdings

It is under selling pressure after Transgene's announcement. A case of buy on rumor and sell on fact. No doubt VIR201 will be a company maker for sure.
 
Re: VHL - Virax Holdings

Have anyone here ever posted in HC? One of the most biased forum I ever joined.

If you ever post there, make sure I don't post anything negative on stocks that owned by moderators. They will sure find an excuse to shut you up eventually... Either by suspension or deleted your post.... so beware..
 
Re: VHL - Virax Holdings

Please keep the posts on topic. If you have personal issues to discuss do it via PM

Thanks

Prawn
 
Re: VHL - Virax Holdings

prawn_86 said:
Please keep the posts on topic. If you have personal issues to discuss do it via PM
Thanks
Prawn
Click to expand...

Thanks Prawn..

I have just learnt how to PM, so kool mate!. They don't have it in HC:D

Anyway VHL = Virax ... a small Aussie underdog biotech company with a HIV Therapeutic VIR201 that is currently undergoing phase 2b trial South Africa.

VIR201 is using Virax's Co-X-Gene technology. The same technology that has been sublicensed to a French pharma company Transgene for it's two most advanced therapeutic vaccines TG4010 & TG4001. Both vaccines worth billion dollars to Roche & Novartis as a combined value. We have no idea why Transgene has never mentioned Virax's Co-X-Gene in any of their media reports. Many are pondering the fate of Virax...

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=VHL
 
Re: VHL - Virax Holdings

Kent1810 said:
Thanks Prawn..

I have just learnt how to PM, so kool mate!. They don't have it in HC:D

Anyway VHL = Virax ... a small Aussie underdog biotech company with a HIV Therapeutic VIR201 that is currently undergoing phase 2b trial South Africa.

VIR201 is using Virax's Co-X-Gene technology. The same technology that has been sublicensed to a French pharma company Transgene for it's two most advanced therapeutic vaccines TG4010 & TG4001. Both vaccines worth billion dollars to Roche & Novartis as a combined value. We have no idea why Transgene has never mentioned Virax's Co-X-Gene in any of their media reports. Many are pondering the fate of Virax...

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=VHL
Click to expand...

Hopefully, some of those major bio-techs will seek further solutions for those suffering in Africa. So many people are going blind in Africa as I type this post.

http://www.orbis.org/Default.aspx?cid=5712&lang=1
 
Re: VHL - Virax Holdings

GumbyLearner said:
Hopefully, some of those major bio-techs will seek further solutions for those suffering in Africa. So many people are going blind in Africa as I type this post.

http://www.orbis.org/Default.aspx?cid=5712&lang=1
Click to expand...

Yep,
Investing in Virax has been meeting all my investment criteria. Supporting a cheap and effective mean to fight against HIV in Africa, and be sure make money as well. It's a perfect win-win investment really.

Virax's Co-X-Gene technology has been used successfully for both of Transgene's company maker therapeutic vaccines TG4001 & TG4010. There is no reason why we don't get the same positive results for Virax's HIV therapeutic vaccine VIR201 !!!

Since TG4001 and TG4010 valued at 175million and 700million Euros respectively by Roche & Novartis... Virax market capital is barely trading at 18m AUD atm.. Just think how much Virax will be trading at when the positive trial results for VIR201 are released in June..

If you were Trangene management, would you let other pharma to take control of the key technology (Co-X-Gene) behide TG4001 & TG4010 ?... No way man:) .. so think about it..
 
Top