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Sirona Biochem (TSXV:SBM) receives antiviral resting results

Health Care, Market News
TSXV:SBM
27 February 2023 14:30 (EDT)

Sirona Biochem (SBM) received results from its research collaboration with the International Centre for Genetic Engineering and Biotechnology to advance Sirona’s antiviral library of compounds.

Established in 1983, ICGEB is an independent intergovernmental organization with HQ in Trieste (Italy) and with additional laboratories in New Delhi (India) and Cape Town (South Africa).

Results from the test

The centre screened around 20 compounds produced at Sirona’s subsidiary TFChem as potential inhibitors of SARS-CoV-2 using specialized assays developed at the centre.

As for work, it was performed at the Laboratory of Molecular Virology located in Trieste, Italy, under the direction of Dr. Alessandro Marcello, an internationally recognized expert in Human Virology.

Of the 20 compounds, six showed antiviral activity, with one of particular interest.

Based on these results, the team at TFChem will expand the library to add five to 10 new compounds.

Looking forward, Sirona’s agreement with the ICGEB will be extended to test these new molecules. Testing is scheduled to begin in the next two months.

After receiving the “promising” results, Dr. Geraldine Deliencourt-Godefroy, Chief Scientific Officer, looks forward to more work.

“In all of our projects, the lead molecules resulted from modifications to earlier versions which is normal in the drug discovery process.”

“We remain [positive about generating] a new antiviral compound to fight SARS-CoV-2 and many other viruses. We strongly believe we are on the right track and will continue this project accordingly,” concluded Dr. Deliencourt-Godefroy.

The company will continue to update the public as projects change and develop.

Sirona Biochem is a cosmetic ingredient and drug discovery company with proprietary platform technology.

Sirona Biochem (SBM) is up 5 per cent, trading at C$0.10 at 11:13 am EST.


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