Aladdin80
2 years ago
Appreciate your optimism as we all need that on occasion, but I'm actually more concerned in this company after the recent release. After that digging I came up with a lot of red flags on the company, the size of the operation, the CEO, a private residence as the corp address in FL, barely any revs to speak of. I've been down this road before w/penny stocks and it screams corruption. Just my two pessimistic cents.
molee
2 years ago
Lurker here ... Nice bump today . This seems like good news to me ...
MOUNTAIN VIEW, Calif., April 18, 2023
Commercial agreement follows the early success on the development phase of the UDCA program with Sandhill One
Solid execution on development phases leads to execution of agreement; illustrates company progress against targeted milestones anticipated for 2023 to expand company growth
Willow's unique combination of strain engineering, precision fermentation and its newly developed BioOxiβ’ bio-oxidation platform has accelerated the timeline to reach commercial agreement
MOUNTAIN VIEW, Calif., April 18, 2023 /PRNewswire/ - Willow Biosciences Inc. ("Willow") (TSX: WLLW); (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable functional ingredients announces execution of a commercial agreement with Sandhill One, LLC ("Sandhill"). Willow previously announced the successful results from the application of its BioOxiTM bio-oxidation platform to the development of a key step for the large volume active pharmaceutical ingredient ("API"), ursodeoxycholic acid ("UDCA"), used in nutraceutical and pharmaceutical products.
Willow Biosciences Inc. Logo (CNW Group/Willow Biosciences Inc.)
UDCA is used as a medication for the management and treatment of cholestatic liver disease and gallstone conditions, and as an important intermediate for production of tauroursodeoxycholic acid (TUDCA), a key API in a combination therapy recently approved in Canada and the United States for treatment of amyotrophic lateral sclerosis (ALS). The process under development between the Company and Sandhill represents a step-change in the production of UDCA: it is expected to be lower in cost and will not rely on animal-sourced raw materials, unlike most current manufacturing of UDCA and other cholic acids.
Willow now expects that, upon completion of its development project with Sandhill and assuming the optimized enzyme is utilized in Sandhill's end-market manufacture, following receipt of milestone payments, it may receive a reasonably significant percent of Sandhill's end-market revenues. This royalty-bearing agreement would be more attractive than Willow originally expected and highlights the Company's rapid steps to bring in nearer term revenue.
"We are very pleased to have executed this agreement so quickly following our partnership with Sandhill and highly appreciate their collaborative work with us to create an alternative, more sustainable and less expensive source of UDCA to battle several significant health conditions in an era of escalating healthcare costs," said Dr. Chris Savile, Willow's President and CEO. "I am also proud of our R&D team's hard work and accomplishments to bring this commercial agreement to fruition, which further endorses our reputation in helping our partners sustainably solve their commercial challenges and in bringing cost-effective innovation to their end markets."
"We are delighted with Willow's rapid progress in successfully executing the development phases of this project. Our confidence in their results and the ensuing value has accelerated our decision to put in place a mutually rewarding commercial agreement," said J. Gregory Reid, Ph.D., Chief Scientific Officer of Sandhill. "We look forward to converting this value-added technology package into commercial reality and broadening the availability of sustainably sourced UDCA to support better health for people and our planet."
janeyH
2 years ago
WILLOW BIOSCIENCES TO HOST INVESTOR PRESENTATION WEBCAST
BY PR Newswire
β 7:00 AM ET 11/07/2022
CALGARY, AB AND MOUNTAIN VIEW, Calif, Nov. 7, 2022 /PRNewswire/ - Willow Biosciences Inc. ("Willow" or the "Company") , a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent, and sustainable functional ingredients, today announced that it will host a webcast investor presentation on Thursday, November 10th at 2:00 PM EST.
During the webcast, Dr. Peter Seufer-Wasserthal, Willow's President and Chief Executive Officer and Troy Talkkari, Vice President of Corporate Development will provide a presentation that will cover key areas of Willow's business. After the formal presentation, investors will have an opportunity to ask relevant questions through an interactive Q&A portal.
To listen to the webcast or to ask questions during the live event, please pre-register at the following link:
https://event.webcasts.com/starthere.jsp?ei=1576448&tp_key=c06ce0c9af
An archived version of the webcast and presentation will be available on the Company's website, www.willowbio.com/#investors.
About Willow Biosciences Inc. (CANSF)
janeyH
3 years ago
CALGARY, AB and MOUNTAIN VIEW, Calif., Oct. 12, 2022 /CNW/ - Willow Biosciences Inc. ("Willow" or the "Company") , a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable functional ingredients, is pleased to announce that it has completed proof of concept work, and has started yeast strain optimization and process development toward commercial production of astaxanthin, a powerful, naturally occurring, antioxidant compound that is used in diverse industries such as animal feed, food & nutrition, and cosmetics.
Willow Biosciences Inc. logo (CNW Group/Willow Biosciences Inc.)
"We are pleased to add astaxanthin as the next functional ingredient to our product portfolio", said Dr. Peter Seufer-Wasserthal, Willow's Interim President and Chief Executive Officer. "Astaxanthin meets all the criteria for development using our fully integrated FutureGrownTM technology platform. It has a large addressable market, with the majority of product currently supplied being chemically produced using a petroleum feedstock. Willow offering a natural, clean, sustainably produced product allows not only penetration of the current large volume market, but expansion of the market for human health & wellness, where there is currently no high-purity, cost effective bio-based product available."