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1December2017
Uranium to replace plastic? Chemistry breakthrough could pave the way for new materials
Uranium can perform reactions that previously no one thought possible, which could transform the way industry makes bulk chemicals, polymers, and the precursors to new drugs and plastics, according to new findings from The University of Manchester.
Writing in the journal Nature Communications, the chemists have discovered that uranium can perform reactions that used to be the preserve of transition metals such as rhodium and palladium. And because uranium sits between different types of reactivity of lanthanides and transition metals it might be able to combine the best of both to give new ways of producing materials and chemicals.
This discovery is also profiled in a new video which is part of a series produced by the School of Chemistry. Other videos show how chemists at Manchester have developed the world’s smallest fuel powered motor and identified that Parkinson’s sufferers can have a unique smell identifying the disease - before any medical professional can see symptoms. The latest discovery means that industry might now be in a position to develop new compounds that can’t be made in any other way.
What’s more, uranium is one of the elements we know the least about and while it is associated with nuclear weapons and nuclear power, the new discovery suggests other uses may be on the horizon.
Steve Liddle, Professor and Head of Inorganic Chemistry, and author of the paper, said: “This discovery will lead to some monumental developments that could change the way we live. Development work like this really could pave the way for new medicines and also the creation of truly biodegradable hard plastic.
“It is comparable to the discovery of liquid crystal displays, which happened 20 years before everyone sat up and realised that they could be used in modern computer displays and TVs.”
The paper, ‘Evidence for single metal two electron oxidative addition and reductive elimination at uranium’, was published in Nature Communications. doi:10.1038/s41467-017-01363-0
Further reading
Study at The University of Manchester
The YouTube series attempts to put world class scientific papers into words that anyone can understand. http://www.manchester.ac.uk/discover/news/uranium-plastic-chemistry-new-materials/
PacBio Is A DNA Sequencing Standout!!!!
With this disruptive possibility, PacBio has taken smart steps to compete in the sequencing market, which will be worth an estimated $10.6 billion by 2021. With the sequencing market looking for something new and new methods for solving complex problems that Illumina can't, PacBio is the answer that researchers are increasingly turning to. Their ability to support RNA-seq, HIV analysis, complex genome rearrangements and support rapid de novo genome assembly suggests that their position within the field will continue to strengthen over the next years. To that end, PacBio has begun entering critical markets in Asia, a region which is expected to demonstrate some of the most rapid growth in sequencing over the next few years. They have also continued to support their products with regular chemistry upgrades, which also increase yield and lower costs.
As the sequencing market continues to shift away from Illumina for questions that short-read technologies still cannot answer, PacBio serves as a strong option for competition. If they are increase their platform's use to 10% of the NGS market by 2021 (from 3% in 2013) they could see revenues of $1 billion. With a gross profit margin from last quarter of 39.9%, PacBio could see gross annual profits of around $400 million in less than 5 years. With this growth in profit the operating expenses are not expected to increase nearly as rapidly, as the adoption of the technology will provide support for further adoption - once researchers see what's being done, they will follow up with their own complex projects. PacBio's placement of multiple Sequels and maintenance of their RS II at other locations over the past year supports this continued adoption, and the replacement of RS II platforms with Sequels suggest that users are satisfied with the offerings. If operating expenses were maintained slightly higher than this past quarter ($32.4 million - $129.6 million annual rate) and reached $150 million, PacBio would be able to generate a net profit of $250 million, with 115.59 million shares, that would equate to a per-share profit of $2.16. We do not expect the operating expenses and R&D to advance more rapidly over the next few years, as the company is now in support mode for it's Sequel, instead of trying to develop a new platform, they are working on perfecting the sequencing offerings, which are much cheaper to develop.
In looking at Illumina's forward PE ratio for 2017 at 36, we can calculate the value of PacBio in 2020 if their market share improves, and continues on its current upward trajectory towards earnings of $250 million in 2021. Based on a more conservative forward PE of 25, due to its continued competition with industry leader Illumina, PacBio would be expected to be worth $54 in 2020. In a pessimistic scenario, if PacBio were to only achieve around 5% of the market in 2021, the potential share price would drop to $10.75, while achieving 12% of the market would see the shares valued at $71.25. With Friday's close of $4.47 this would represent a 2.4X to 15.9X multiple as the potential share price range within 3 years.
Conclusion:
With Next Generation Sequencing continuing to grow rapidly over the next few years, the key players in the field make for strong investment opportunities. Although Illumina is the market leader and provides positive cash-flow while waiting for further growth, PacBio is a rapidly growing disruptor who doesn't have to wait for the market to grow to improve their position. As they offer a technology drastically different from the current leader, which also provides solutions to previously complex problems, they will continue to siphon market share away from Illumina over the next few years. Increasing market share while the markets are rapidly growing will shift PacBio from a cash-burning company to a rapidly growing profitable competitor to Illumina. As soon as profitability is demonstrated we expect a re-rating of the shares, which we expect to see move into the double digits within the year, placing a price target of $10 for the end of 2018. By 2020 we expect that the shares will be valued at $54 as they continue to account for the exciting growth prospects and rapid increases in profits that PacBio can achieve as the disruptive sequencing technology of the next 5 years. https://seekingalpha.com/article/4114022-pacbio-dna-sequencing-standout
PacBio and Bluebee Launch De Novo Genome Assembly Pipeline on the Bluebee Analysis Platform--The Netherlands and MENLO PARK, Calif, October 9, 2017 Bluebee, a company driving genomic data-driven medicine, and Pacific Biosciences of California, Inc. (NASDAQ: PACB), the leader in long-read sequencing, announced they have integrated the PacBio® de novo assembly pipeline onto the Bluebee® genomics analysis platform. The integration creates a simplified workflow and fully automated, end-to-end data analysis solution that allows assembly of any size genome, including the human genome. Bluebee's platform provides a user-friendly environment that does not require specialized bioinformatics knowledge. The solution will be launched next week at the American Society of Human Genetics (ASHG) annual meeting in Orlando, FL.
"We are continually looking at ways we can help people get more knowledge and insights from their genomic data, and this integration of the PacBio de novo assembly pipeline on the Bluebee genomics analysis platform offers precisely that: an end-to-end solution with a guaranteed turn-around time, enabling better planning and improved productivity," said Hans Cobben, CEO of Bluebee. "This will address the data analysis burden that many people are faced with, and add both value and convenience to any users of the PacBio de Novo Assembly Pipeline."
Since parameters can be adjusted within the platform, users can redefine the pipeline, creating a starting point for further pipeline developments and optimizations to fit the purpose of specific use cases.
"With the continuing demand for Single Molecule, Real-Time (SMRT®) Sequencing in the genomics community, we are delighted to see this new cloud-based analysis option become available to users of PacBio data," said Kevin Corcoran, Senior Vice President of Market Development for PacBio. "The end-to-end solution integrates downstream data analysis in Bluebee's high-security and regulatory-compliant compute centers for PacBio customers around the world."
It is now established that most genomes have high sequence complexity, encompassing many repetitive elements, copy number variants, and structural variants. Such complex elements are often very difficult, if not impossible, to resolve using short-read technologies.
SMRT Sequencing is the ideal tool to investigate these genetic complexities, due to its long reads with uniform coverage that allow comprehensive de novo genome assemblies and provide more complete and accurate views of all types of genomic variations. Despite the power of SMRT Sequencing, however, de novo assembly of large genomes still remains a challenge requiring, among other things, very powerful compute resources.
The Bluebee platform was designed with confidential sample information in mind, and thus employs a multi-layered data security approach to ensure an environment that covers the strictest of security controls. The Bluebee platform data centers are compliant with all applicable security and regulatory standards. The compliance standards Bluebee adheres to include: ISO 27001:2013, HIPAA, IGT (NHS, UK), C-Star Level 1, PHIPA & PIPEDA (Canada) and EU Model Clauses (for regional data storage and processing).
About Bluebee
Bluebee offers a global bio-informatics platform to process, analyze, share and store genomics data.
With a private cloud service, Bluebee supports users in clinical diagnostics, therapeutics and research with advanced analytics for genomic data driven medicine.
Designed for cross-functional teams of clinicians and life science researchers the Bluebee platform effectively centralizes and manages genomics data processes and storage. Bluebee's multi-layered security is designed to meet both specific organizational and regulatory data protection requirements when analyzing and storing research or clinical grade data.
Local data processing is guaranteed via "Data Residency Control" in state-of-the-art data centres. The service is available across all major European countries and US cities, as well as in Canada and Asia Pacific.
http://www.prnewswire.com/news-releases/pacbio-and-bluebee-launch-de-novo-genome-assembly-pipeline-on-the-bluebee-analysis-platform-650073283.html
Older article long,but interesting! JULY 28,2017-------------------https://theroadufollowed.wordpress.com/2017/07/28/therapeutic-effects-of-cannabis-and-nemus-bioscience/ (Nemus Bio-science)Part; Nemus develops totally synthetic cannabinoid molecules for therapeutic purposes. The company entered into a memorandum of understanding (MOU) with the University of Mississippi School of Pharmacy (UM) in 2013. The MOU outlines how Nemus and the UM will develop and commercialize cannabinoid therapeutics. Up until recently, the UM was the only entity permitted to cultivate cannabis for research purposes in the USA. This federal license was first issued in 1968. Nemus went public through a reverse takeover (RTO) in 2014 and is traded on the OTCQB (Symbol: NMUS). They have a fully diluted market cap of 15 million USD and will need to raise significant capital in the future. Since 2013, Nemus and the UM have entered into four exclusive option agreements for two cannabinoid compounds developed by the school. One of the compounds is a THC pro-drug; NB1111 is eye drops for glaucoma and NB1222 is a suppository for chemo-induced nausea and vomiting (CINV). The other is a analogue version of CBD; NB2111 for CIPN and NB2222 for different ocular targets. Nemus and the UM are working together to develop a composite of cannabinoids to fight methicillin-resistant Staphylococcus aureus (NB3111).
The UM first started publishing data comparing THC suppository formulations and Dronabinol in 1991. NB1222 has improved bioavailability since it bypasses the first past effect. When compared to Dronabinol, NB1222 has a longer therapeutic window and more stable dosing. Depending on the patient’s condition, suppositories can be a valuable delivery system. Nemus believes their suppository can efficiently deliver the API in a once per day dose. NB1222 avoids the upper gastrointestinal tract, which helps reduce nausea and vomiting. Nemus claims they will file a NDA for their suppository through the 505(b)(2) expedited FDA pathway in the future. Nemus will have to raise additional funds to show the effectiveness of NB1222 in clinical trials.
As glaucoma develops, intraocular pressure (IOP) is a risk factor that can cause eye damage. There is a large concentration of cannabinoid receptors in the eye. THC has shown to lower IOP in studies involving humans and animals. Furthermore, THC has neuroprotective qualities including disrupting deterioration of the optic nerve. While smoking cannabis lowers IOP, it has a small half-life and reduces blood flow to the eye. The UM began researching THC effects on IOP in the 1980’s. Nemus and the UM recently presented research showing NB1111 reducing IOP levels in rabbits similar to other glaucoma drugs with significant market share. The concentration of THC in the formulation was around one percent. The drops are absorbed in different parts of the eye, reducing systemic exposure and bypassing the first past effect. The rabbit ocular model is acceptable for regulators considering candidates for human testing. UM & Nemus have protected NB1111 with patents on the API and delivery system awarded in USA, Japan, UK and Hong Kong. Nemus will have to raise additional funds to show the effectiveness of NB1111 in clinical trials. The glaucoma market is hyper-competitive.
Abuse of opioids is a serious problem; Nemus intends to develop CBD derivatives for multiple types of pain syndromes in the future. Research conducted by Nemus and the UM has shown different composites of cannabinoids having synergistic bactericidal activity. All of the candidates will bypass the first past effect. The pathway to commercialization for the CBD analogue’s and NB3111 would be significantly more difficult than Nemus’s THC prodrugs. Pain relief metrics can be ambiguous and there are non-cannabinoid MRSA treatments that show promise. The ability to raise funds and continue their research into these indications will determine if they are viable therapeutics.
For Nemus to realize the potential of their pipeline, the company has to raise additional capital. When a company’s potential growth is based upon raising funds through issuing equity, individuals usually do not apply appropriate risk when modeling that company’s value. In the past, Nemus has raised capital by issuing equity and this is likely to happen again. This would be dilutive for existing shareholders. Nemus has never generated revenues and is unlikely to for the foreseeable future. Nemus went public through a RTO; the SEC has warned significant risks are involved investing in a company that has gone through a RTO. Individuals from the former company (Lock Guard Logistics) that received common stock as a result of the RTO have liquidated the majority of their holdings. The 1 year return on Nemus common stock is approximately -50%. Nemus has 11.5 million warrants outstanding with an average strike price of $0.40 USD. Nemus trades on a small exchange and has poor liquidity. Historical guidance from the company targeted 2017 for IND filings and commencement of clinical trials. Nemus has not filed an IND to date and is unlikely to begin clinical trials in 2017. Legal proceedings were brought against Nemus by their former CEO John Hollister in 2015. The claims and counter claims were withdrawn in 2016 by both parties; John Hollister submitted a statement expressing regret for beginning the proceedings. No payments were made by either party to resolve the matter.
The author believes total synthetics should be the standard when utilizing the cannabis plants therapeutic effects. They have better safety and economics when compared to plant-derived peers. Furthermore, cannabis flower, oil, gel caps and other edibles for medical use should be considered substandard. Nemus Bioscience has the most sagacious drug pipeline in cannabinoid drug development. The UM possess intellectual property superior to any cannabinoid drug developer. Nemus has chosen to advance candidates with objective measures and established safety profiles to reduce development costs. Historically, the company has been able to raise sufficient capital for their day-to-day operations, research and drug development. In addition, prior equity raises have been completed diligently. If this continues, it’s possible Nemus will advance NB1111 and NB1222 into clinical trials during 2018.
(shub) They are the best,if they can make smaller affordable units,to the moon! Long-Read Sequencing Data Enables Structural Variant Discovery For Clinical And Disease Research.September 11, 2017 - http://www.bio-itworld.com/2017/09/11/long-read-sequencing-data-enables-structural-variant-discovery-for-clinical-and-disease-research.aspx Sep 12, 2017-
Parkinson's Institute Team Uses CRISPR/Cas9 Capture and PacBio Sequencing to ID Repeat Expansions Standard genetic testing involved repeat prime PCR, which identified a repeat expansion in the ATXN10 gene in each affected family member. Repeat expansions in the ATXN10 gene have been implicated in SCA, but have not previously been linked to Parkinson's disease, so the researchers wanted to look deeper. Because the PCR-based technology could not span the entire repeat, the team turned to PacBio for its long reads, and the firm suggested using the CRISPR/Cas9 technology it was developing as a target enrichment method.
Such a target enrichment scheme is advantageous because it does not require amplification, "which is especially important in error-prone regions with repeat expansions," Schüle said. It enables regions that are difficult to amplify to be targeted and sequenced.
In order to use CRISPR/Cas9 for target enrichment, genomic DNA is first fragmented and a PacBio adaptor known as a SMRTbell is attached, per the standard PacBio library prep protocol, Jonas Korlach, PacBio's chief scientific officer, explained. Then, guide RNAs target and selectively cut just outside the region of interest. That generates target molecules that have one end with the original adaptor and a second end containing the sequence cut by Cas9. Next, a capture adaptor is ligated onto the cut end, so that only molecules containing the targeted region have those capture adaptors. And finally, magnetic beads and probes are used to capture just the target molecules, while the remaining DNA is washed away. The target molecules are then sequenced. https://www.genomeweb.com/sequencing/parkinsons-institute-team-uses-crisprcas9-capture-and-pacbio-sequencing-id-repeat
Wednesday, September 6, 2017-CRISPR/Cas9 and SMRT Sequencing Yield New Phenotype Association for SCA10 Repeat Expansion Disorder A compelling new paper from scientists at the Parkinson’s Institute and Clinical Center, Houston Methodist Research Institute, and several other organizations demonstrates the importance of fully sequencing repeat expansion regions for a clearer understanding of the underlying biology of the diseases they cause. This publication also offers a look at how CRISPR/Cas9 capture can be used in combination with SMRT Sequencing to access the expanded repetitive region at a base level resolution without any PCR bias.
“Parkinson’s disease associated with pure ATXN10 repeat expansion” comes from lead authors Birgitt Schüle and Karen McFarland, senior author Tetsuo Ashizawa, and collaborators. The study involved a Mexican family with one individual previously diagnosed with Parkinson’s disease and several members with spinocerebellar ataxia.
Clinical genetic testing had found an ataxia-associated pentanucleotide repeat expansion in the patient with Parkinson’s, and this team hoped to learn more. “To further genetically characterize the ATXN10 repeat expansion and to better understand the phenotypic differences of progressive cerebellar ataxia with seizures and parkinsonism,” they write, “we employed several advanced and novel molecular genetic techniques to dissect the genetic structure of the repeat expansion in this family.”
Among those techniques was a new method that combined the sequence-specific endonuclease activity of the CRISPR/Cas9 system with long-read SMRT Sequencing. The team reports that they were able to use this method to snip out genomic ATXN10 repeat expansion regions, some spanning up to 7 kb in length, and sequence them “as one continuous fragment without prior amplification of the genomic DNA.” This was done for six family members, with results indicating that most affected family members had a string of 480 ATTCT repeats followed by about 920 ATTCC repeat interruptions. Strikingly, the family member with ataxia and parkinsonism had a different expansion: more than 1,300 ATTCT repeats but no ATTCC repeats. “We propose that the absence of repeat interruptions play a role in the underlying disease process acting as a genetic modifier and leading to the clinical presentation of L-Dopa responsive parkinsonism,” the scientists write, adding that the repeat interruptions may contribute to the development of epilepsy.
“Single molecule sequencing paired with SMRT/Cas9 capture approach allowed us to characterize the genetic composition of the complete repeat expansion which revealed a novel phenotype-genotype correlation for Parkinson’s disease and ATXN10,” the team adds, highlighting the importance of adding to existing knowledge of repeat expansion types and possible phenotypes. “We conclude that the underlying genetic architecture of ATXN10 repeat expansions is critical for presentation of clinical phenotypes and presumably also the underlying pathology.” http://www.pacb.com/blog/crisprcas9-smrt-sequencing-yield-new-phenotype-association-sca10-repeat-expansion-disorder/
Your welcome shub!
From-DollarsOnPennies - 08/29/17 01:39:39 AM
$NMUS - NEMUS Bioscience, Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of cannabis-based therapeutics for global markets with significant unmet medical needs. Utilizing certain proprietary technology licensed from the University of Mississippi, NEMUS is working to develop novel ways to deliver cannabis-based drugs for specific indications, with the aim of optimizing the clinical effects of such drugs, while limiting the potential adverse events. NEMUS's strategy is not limited to the sole use of either natural or synthetic inputs. (Chart)-http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134209118&utm_source=dlvr.it&utm_medium=twitter
Published: 28 August 2017-- De Novo PacBio long-read and phased avian genome assemblies correct and add to reference genes generated with intermediate and short reads. Abstract
Background: Reference quality genomes are expected to provide a resource for studying gene structure, function, and evolution. However, often genes of interest are not completely or accurately assembled, leading to unknown errors in analyses or additional cloning efforts for the correct sequences. A promising solution is long-read sequencing. Here we tested PacBio-based long-read sequencing and diploid assembly for potential improvements to the Sanger-based intermediate-read zebra finch reference and Illumina-based short-read Anna's hummingbird reference, two vocal learning avian species widely studied in neuroscience and genomics.
Results: With DNA of the same individuals used to generate the reference genomes, we generated diploid assemblies with the FALCON-Unzip assembler, resulting in contigs with no gaps in the megabase range, representing 150-fold and 200-fold improvements over the current zebra finch and hummingbird references, respectively. These long-read and phased assemblies corrected and resolved what we discovered to be numerous misassemblies in the references, including missing sequences in gaps, erroneous sequences flanking gaps, base call errors in difficult to sequence regions, complex repeat structure errors, and allelic differences between the two haplotypes. These improvements were validated by single long genome and transcriptome reads, and resulted for the first time in completely resolved protein-coding genes widely studied in neuroscience and specialized in vocal learning species.
Conclusions: These findings demonstrate the impact of long reads, sequencing of previously difficult-to-sequence regions, and phasing of haplotypes on generating high quality assemblies necessary for understanding gene structure, function, and evolution.
De novo genome assembly, long reads, SMRT Sequencing, brain, language
Issue Section: Research
© The Authors 2017. Published by Oxford University Press.
Monday, August 28, 2017- With Iso-Seq Study, Scientists Reveal Complexity of Rabbit Transcriptome A new paper in Scientific Reports presents results from a transcriptome analysis for Oryctolagus cuniculus. The work was done with SMRT Sequencing, which allowed scientists to discover novel transcripts and increase the diversity of known transcripts for the rabbit.
“A transcriptome atlas of rabbit revealed by PacBio single-molecule long-read sequencing” comes from lead authors Shi-Yi Chen and Feilong Deng, senior author Song-Jia Lai, and collaborators at Sichuan Agricultural University. In the paper, the scientists note that an ongoing challenge in rabbit studies has been the dearth of gene-level data. “Most of the existing gene models are just derived from in silico prediction with lack of the reliable annotation on alternative isoforms and untranslated regions,” they write.
The team turned to SMRT Sequencing to generate full-length transcripts and avoid the well-known assembly pitfalls of short-read transcript data. “We employ this technology to sequence polyadenylated RNAs of rabbit and provide a transcriptome-wide landscape in relation to gene models and alternative isoforms,” they report.
The scientists pooled and sequenced RNA samples from several organs and tissues collected from three New Zealand white rabbits. After filtering, they were left with more than 36,000 high-confidence transcripts from nearly 15,000 genes. That included quite a bit of novel information: “more than 23% of genic loci and 66% of isoforms have not been annotated yet within the current reference genome,” the scientists write. Their interest in alternative splicing was rewarded as well, with the final transcriptome containing nearly 25,000 alternative splicing events and more than 11,000 alternative polyadenylation events. Those numbers represent an order of magnitude more alternative splicing than was characterized in the reference gene models. The project also turned up a significant amount of non-coding RNAs, represented by 17% of transcripts.
The scientists followed up on these findings with several validation studies, including an analysis of genes in the major histocompatibility complex. Their analysis demonstrates “the obviously improved power of PacBio transcripts for recovering the highly homologous sequences among ten MHC genes than the assembled transcripts from short reads,” they report.
According to the paper, scientists achieved their mission of more thoroughly characterizing the rabbit transcriptome. “The length distribution of the most 5' exons of our PacBio transcripts is consistent with former report in human,” they write, “which would indicate the comparable sequencing completeness in rabbit.”
We’re looking forward to the discussion of many more vertebrate species’ genomes at the upcoming Genome 10K and Genome Science Conference 2017 hosted this week by The Earlham Institute. http://www.pacb.com/blog/iso-seq-study-scientists-reveal-complexity-rabbit-transcriptome/
Aug. 18 issue of BioWorld.--- Can cannabinoids earn respect? New candidates not just blowing smoke! Companies such as GW Pharmaceuticals plc and Insys Therapeutics Inc. continue to use the native tetrahydrocannabinol (THC) molecule formulated for oral administration, observed Brian Murphy, CEO and chief medical officer of Nemus Bioscience Inc., of Costa Mesa, Calif. In contrast, "companies like Zynerba [Pharmaceuticals] and Nemus are developing bioengineered cannabinoids for a more optimized route of administration in a more effective manner, so that blood levels associated with that administration stay more reliably within the therapeutic window."
Oral administration also requires developers of cannabinoid therapies to contend with a drug's metabolism in the liver, where miscalculation in dosing or in drug-drug or food-drug interactions could lead to inter- and/or intra-patient variation, he added. Using synthetic manufacturing, Nemus is addressing those issues to ensure reliable pharmacokinetics and bioavailability. http://www.bioworld.com/content/can-cannabinoids-earn-respect-new-candidates-not-just-blowing-smoke
Pacific Biosciences Is Advancing Genomics
Aug. 18, 2017 3:05 PM ET Summary
The age of gene therapy approval by the FDA is upon us as investors, signaling near-term rising investor sentiment in the sector.
Pacific Biosciences SMRT technology is an industry-leading genomics platform that increases sequencing efficiency and quality, and cuts costs of sequencing dramatically.
The company has generated a repeat sale for its Sequel systems to Novogene, and has had its technology referenced in over 200 scientific presentations in the last two years.
Pacific Biosciences of California (PACB) is a $480 million market cap company focused on development of innovative technologies and systems that impact diagnosis and treatment of disease and improve the world's food and energy supply. The company developed the Single Molecule, Real-Time (SMRT) Sequencing genomics technology, which enables real-time analysis of DNA synthesis. The company's technology can be used in human biomedical research to resolve heritability and variant types across populations or disease states.
Applications in plant sciences and agriculture include crop and livestock research acceleration via sequencing and transcriptome analysis. PACB technologies can also be used to characterize viruses and microbes of infectious disease, enabling the design of better vaccines and treatments.
So why would the reader be interested in PACB? The market for gene therapy applications are increasing at a CAGR of more than 20%, according to an analysis at Global Market Insights. In 2015, the gene therapy market was reported at over $800 million, and is expected to rise to $1.4 billion by 2024. The following figure depicts what this 20% growth looks like for a potential successful long investor. Nice, isn't it?
But gene therapies alone don't tell the whole story of market applications for genetic research tools. Cell therapy is an industry that plays a large role in applications for genetic analysis. The combined markets for cell and gene therapies are expected to rise from approximately $8 billion in 2018 to $12 billion in 2020. Strong Bio hopes that these predictive trend models can be useful for investors, and rather than focus on a company's pipeline in every article, it is striving to meet the needs of investors by focusing on some backstage players that have immense potential in advancing medical and agricultural research, such as PACB.
The rise in markets for gene therapies and cell therapies is expected to be driven by rapid technological advancement and increased adoption of new genomic techniques. Obviously, the largest market space in cell therapy and gene therapy application is cancer, with inflammatory disease also comprising a significant component of these potential markets. The World Health Organization predicts the number of new cancer cases will rise by as much as 70% over the next 20 years.
That is a lot of patients, and will fuel industry growth. In addition, favorable FDA regulation stances will serve cancer genetics industry growth in a positively weighted manner. Cancer genetics programs will begin to mainstream infrastructure to provide assays, informatics, and gene testing education to patients at hospital sites. Cancer will become a treatment regime reminiscent of chronic disease models, targeting specific molecules involved in specific patient's pathology.
The company sells its SMRT technology as a package product called Sequel System. SMRT supports numerous sequencing applications, bringing unique and novel depth and quality to genetic research. It is applicable in whole genome analysis for total genetic composition data of organisms including microbes, humans, plants, and animals. For instance, the company recently reported improving existing sequencing information for the maize plant genome, including fixing mistakes, reducing gaps, increasing sequence contiguity up to 50-fold, and adding difficult to reach (centromere region) sequences.
SMRT can be applied to produce in-depth analysis of genetic variations in disease models, using targeted approaches. It provides true long read lengths and highest consensus accuracy available, revealing a full spectrum of genetic variation for microbes and virus, and heterologous cell populations such as escaping cancer cell genomes. PACB SMRT technology offers RNA isoform sequencing functions that can produce full-length transcripts (eliminating the need for assembly, useful in transcriptome analyses). Epigenetic characterization of DNA modifications in prokaryotic and eukaryotic models are also possible.
The company recently announced an agreement by Novogene (China) to purchase ten Sequel systems in addition to ten already purchased earlier this year. To date Novogene is the largest user of PACB Sequel systems, and the reordering of technology indicates customer satisfaction and increased productivity.
Novogene and PACB have agreed to co-market and promote genomic applications. The company cites high demand by Novogene as impetus to double its production capacity to meet the orders, driven by a Chinese precision medicine initiative to sequence variants in 1000 individuals. The company is also participating in other world genome discovery projects.
Net loss for 2Q 2017 was $25.5 million, compared to $18.5 million for the second quarter of 2016. Operating expenses for 2Q 2017 was $32.4 million, compared to $28.7 million for 2Q 2016. The company reported $20.1 million in 2Q 2017 product, service, and other revenue compared to $17.2 million for 2Q, 2016. Cash and cash equivalents at end Q2 2017 was $102.6 million, compared to $72.0 million at December 31, 2016. In June 2017, the company did an offering of approximately 15 million shares at $3.10 per share, raising approximately $46 million.
Strong Bio wants to emphasize that the era of gene therapy is upon us, and several candidates are likely to be approved as potential first gene therapy products approved by FDA later this year. Emerging supportive technologies stand to benefit as the medical system and biotechnology investment centers begin to realize the fruits of such endeavors.
PACB is right in there for the upcoming revolution. To give the reader an idea of the power of its technology on client bottom line, the Sequel system was able to do the maize genomic work at a cost of around $20,000 per maize line, compared to the nearly $30 million in cost for the original maize genome reference.
It is well-positioned in the industry, with its technology being referenced in over 35 presentations at annual AGBT 2017 conference, demonstrating customer value. Over 135 references to PACB technology were made in the 2017 annual PAG conference. The stock has jumped a bit after announcing the sale of 10 Sequel units, but would be attractive on a pullback into the gap to the $3.00 offering range, and is thus watchlisted as an exciting prospect. It is also possible that some consolidation in this space could occur, leading to potential merger and acquisition action. Yahoo consensus target of 4 analysts is $5.95 per share. (from; Seeking Alpha)
Dr Thomas O'Brien, who has run his own medical marijuana office in New York City for the past year-and-a-half, told Daily Mail Online that he's seen high success rates from his patients dealing with chronic pain.
The type of marijuana he gives to his patients is high in CBD, so he says it doesn't have the psychotic symptoms that critics worry about.
Read more: http://www.dailymail.co.uk/health/article-4789388/Medical-marijuana-does-not-help-chronic-pain-PTSD.html#ixzz4pnc076W5
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Yes the $20 million will be like,the Big Bang! Tweets, current page. Tweets & replies Media
Nemus Bioscience? @NemusBioscience 4h hours ago
$NMUS Featured in BioWorld for Presentation of NB2111 Analgesic and Anti #Addiction Data at NIH-Sponsored #Cannabinoid Conference https://twitter.com/NemusBioscience
Market Cap $65.6M
Shares Outstanding 2.1B
Nemus Bioscience Announces Presentation of NB2111 Analgesic and Anti-Addiction Data at NIH-Sponsored Cannabinoid Conference
The title of the presentation is: "Differential Modulation of Addiction and Pain by Cannabidiol (CBD) and CBD Derivatives."
The data being presented will review the physiology of plant-derived CBD followed by the therapeutic activity associated with the bio-engineered analogue of CBD in multiple animal studies. The proprietary molecule was discovered at the University and Elsohly Laboratories, Inc. (ELI). Findings from the animal studies point to the superiority of the Nemus proprietary analogue of CBD, NB2111, versus plant-derived CBD in ameliorating pain in a validated mouse (murine) model of chemotherapy-induced peripheral neuropathy using an opioid as an active comparator. Additionally, NB2111 displayed abuse-deterrent activity in a validated animal model of oxycontin addiction. The in vivo research studying the analgesia and anti-addiction profile of NB2111 was led by Dr. Kenneth Sufka professor of psychology and pharmacology at the University of Mississippi, who will also be presenting data from these studies at the Society of Neuroscience meeting in the fall. https://seekingalpha.com/pr/16904197-nemus-bioscience-announces-presentation-nb2111-analgesic-anti-addiction-data-nih-sponsored
Therapeutic effects of cannabis and Nemus Bioscience
JULY 28, 2017-- Nemus develops totally synthetic cannabinoid molecules for therapeutic purposes. The company entered into a memorandum of understanding (MOU) with the University of Mississippi School of Pharmacy (UM) in 2013. The MOU outlines how Nemus and the UM will develop and commercialize cannabinoid therapeutics. Up until recently, the UM was the only entity permitted to cultivate cannabis for research purposes in the USA. This federal license was first issued in 1968. Nemus went public through a reverse takeover (RTO) in 2014 and is traded on the OTCQB (Symbol: NMUS). They have a fully diluted market cap of 15 million USD and will need to raise significant capital in the future. Since 2013, Nemus and the UM have entered into four exclusive option agreements for cannabinoid compounds developed by the school. Two of the compounds are THC pro-drugs that are currently pre-clinical; NB1111 is eye drops for glaucoma and NB1222 is a suppository for chemo-induced nausea and vomiting (CINV).
The UM first started publishing data comparing THC suppository formulations and Dronabinol in 1991. NB1222 has improved bioavailability since it bypasses the first past effect. When compared to Dronabinol, NB1222 has a longer therapeutic window and more stable dosing. Depending on the patient’s condition, suppositories can be a valuable delivery system. Nemus believes their suppository can efficiently deliver the API in a once per day dose. NB1222 avoids the upper gastrointestinal tract, which helps reduce nausea and vomiting. Nemus claims they will file a NDA for their suppository through the 505(b)(2) expedited FDA pathway in the future. Nemus will have to raise additional funds to show the effectiveness of NB1222 in clinical trials.
1
Rectail bioavailbility of delta-9-tetrahydrocannabinol from various esters, 1991 (El Sohly, Little Jr., Hikal, Harland, Stanforde & Walker)
As glaucoma develops, intraocular pressure (IOP) is a risk factor that can cause eye damage. There is a large concentration of cannabinoid receptors in the eye. THC has shown to lower IOP in studies involving humans and animals. Furthermore, THC has neuroprotective qualities including disrupting deterioration of the optic nerve. While smoking cannabis lowers IOP, it has a small half-life and reduces blood flow to the eye. The UM began researching THC effects on IOP in the 1980’s. Nemus and the UM recently presented research showing NB1111 reducing IOP levels in rabbits similar to other glaucoma drugs with significant market share. The concentration of THC in the formulation was around one percent. The drops are absorbed in different parts of the eye, reducing systemic exposure and bypassing the first past effect. The rabbit ocular model is acceptable for regulators considering candidates for human testing. UM & Nemus have protected NB1111 with patents on the API and delivery system awarded in USA, Japan, UK and Hong Kong. Nemus will have to raise additional funds to show the effectiveness of NB1111 in clinical trials. The glaucoma market is hyper-competitive.
2
Cannabinoids in glaucoma II; The effect of different cannabinoids on intraocular pressure of the rabbit, 1984 (El Sohly, Harland, Benigni & Walker)
The two remaining candidates in the Nemus pipeline are still being researched. This includes a CBD analogue for the treatment of CIPN (NB2111) and a cannabinoid composite to treat methicillin-resistant Staphylococcus aureus (MRSA) (NB3111). Research has shown cannabis to have analgesia and antibacterial properties. Abuse of opioids is a serious problem; Nemus intends to develop CBD derivatives for multiple types of pain syndromes in the future. Research conducted by Nemus and the UM has shown different composites of cannabinoids having synergistic bactericidal activity. Both NB51R1 and NB3111 will bypass the first pass effect. The pathway to commercialization for these indications would be significantly more difficult than Nemus’s THC prodrugs. Pain relief metrics can be ambiguous and there are non-cannabinoid MRSA treatments that show promise. The ability to raise funds and continue their research into these indications will determine if they are viable therapeutics.
For Nemus to realize the potential of their pipeline, the company has to raise additional capital. When a company’s potential growth is based upon raising funds through issuing equity, individuals usually do not apply appropriate risk when modeling that company’s value. In the past, Nemus has raised capital by issuing equity and this is likely to happen again. This would be dilutive for existing shareholders. Nemus has never generated revenues and is unlikely to for the foreseeable future. Nemus went public through a RTO; the SEC has warned significant risks are involved investing in a company that has gone through a RTO. Individuals from the former company (Lock Guard Logistics) that received common stock as a result of the RTO have liquidated the majority of their holdings. The 1 year return on Nemus common stock is approximately -50%. Nemus has 11.5 million warrants outstanding with an average strike price of $0.40 USD. Nemus trades on a small exchange and has poor liquidity. Historical guidance from the company targeted 2017 for IND filings and commencement of clinical trials. Nemus has not filed an IND to date and is unlikely to begin clinical trials in 2017. Legal proceedings were brought against Nemus by their former CEO John Hollister in 2015. The claims and counter claims were withdrawn in 2016 by both parties; John Hollister submitted a statement expressing regret for beginning the proceedings. No payments were made by either party to resolve the matter.
The author believes total synthetics should be the standard when utilizing the cannabis plants therapeutic effects. They have better safety and economics when compared to plant-derived peers. Furthermore, cannabis flower, oil, gel caps and other edibles for medical use should be considered substandard. Nemus and the UM possess intellectual property superior to any cannabinoid drug developer. Nemus has chosen to advance candidates with objective measures and established safety profiles to reduce development costs. Historically, the company has been able to raise sufficient capital for their day-to-day operations, research a nd drug development. In addition, prior equity raises have been completed diligently. If this continues, it’s possible Nemus will advance NB1111 and NB1222 into clinical trials during 2018. https://theroadufollowed.wordpress.com/
Your welcome shub!
How Weed Triggers The Endocannabinoid System To Help Your Vision
by mm Danielle Ludwig
July 12, 2017, 8:42 am One of the most distinctive, telltale side effects of smoking weed is the redness found in the human eye after a serious smoke session. Red-ringed eyes can be uncomfortable and a dead giveaway if you’re trying to be inconspicuous about your smoking, so it’s hardly convenient that our bodies react in this way when we light up. Sometimes this is caused by allergies, either to mold found in the plant, the plant itself or to the smoke generated when you light up. This can also mean itchiness and other symptoms for unfortunate allergy sufferers.
But despite all of this, you might be surprised to learn that weed provides numerous benefits for your eyes-even though it also dries and reddens them.
Weed positively impacts your eyes by tapping into the endocannibinoid system (or ECS), the largest cellular connection network in invertebrates. The compounds found within the plant engage cannabinoid receptors. The human eye actually host to high levels of a particular cannabinoid receptor, known as CB1. Vision processing centers of the brain also have a hand to play in this process.
A 2016 study implemented the use of an electroretinogram, which functions to record the electrical response of the eye to light. This Neural Plasticity study found that manipulating these cannabinoid receptors modifies the way that electroretinographic waves move through the retina.
Further research still needs to be conducted to have a full understanding of how smoking weed can impact one’s eyesight, but the results of the 2016 study are a good basis for future endeavors regarding the relationship between cannabis and vision. The same study cited above also indicates that the psychoactive compound of the plant, known as THC, can increase an individual’s ability to see at night. This has actually been a topic of discussion for health professionals and researchers for about thirty years.
Cannabis can also be used in the treatment of numerous conditions that impact one’s eyesight, including glaucoma, diabetic retinopathy and neurodegenerative blindness.
http://weeddaily.net/news/health/weed-triggers-endocannabinoid-system-help-vision/
Jul. 11, 2017 2:13 PM ET https://seekingalpha.com/article/4086989-smoke-recreational-marijuanas-days-numbered "In March this year, marijuana sales in Colorado amounted to $132 million. Of that $132 million, however, medical cannabis only accounted for $38.4 million. Further, this space is already occupied by other companies which are already focused exclusively on medicinal marijuana such as Nemus Bioscience, Inc. (OTCQB:NMUS)".
MY starting place on the $NMUS Race track started in early Feb 2017.(I have no position in GW,it shows the importance of the CBD drugs)! I follow anything that mentions NMUS!! House spokesman Sean Spicer said the Trump administration may distinguish between medical and recreational use of the drug.
Senators from both major parties introduced a bill that would ease federal restrictions on marijuana! The bill would change the Controlled Substances Act in several ways.It would reschedule marijuana and THC (the primary psychoactive chemical in marijuana) as Schedule 1 drugs instead of their current Schedule 2 status. Schedule 1 drugs are illegal under federal law because they have high abuse potential That of course would be great news for NMUS!!
Jul. 4, 2017 3:24 AM ET -- Political Risk Increases For Medical Marijuana.--"Several companies such as Nemus Bioscience Inc. (NASDAQ:OTCQB:NMUS) are in fact involved in research to use marijuana derivatives to replace opioids as pain-killers. The recent Eaze Report also showed that those on anti-depressants greatly reduced their dependence on them when they took medical marijuana. They also greatly reduced their alcohol intake. That of course explains why alcohol companies have been major contributors to anti-cannabis campaigns. Nemus Bioscience is a company I have covered before. It is an interesting and professionally managed research company. It is the only such company in the USA which has the approval to grow cannabis for research purposes. This is in conjunction with the University of Mississippi. Of course, that could potentially change under the Trump Administration.
One of its lead CBD candidates is aimed at reducing chronic pain. It is estimated that 100 million Americans suffer from this condition, so the end-market potential is vast.
One of its THC candidates is aimed specifically at eye problems. Latest developments on this were released in a paper given in June. Glaucoma and macular eye degeneration are being targeted in particular. Other conditions Nemus is targeting overlap with those being targeted by GW Pharma.
https://seekingalpha.com/article/4085578-political-risk-increases-medical-marijuana
NemusBioscience 6 hours ago
$NMUS Exploring Use of #Cannabinoids to Fight #Opioid #Addiction #Opioidepidemic https://twitter.com/NemusBioscience
PacBio Not Back To Square One But Definitely Back To A 'Show Me' Story.|Jun. 21, 2017 Summary
PacBio has been hammered by slower adoption of its new Sequel systems and Roche deciding to walk away from the clinical diagnostics partnership.
Chemistry and software updates are boosting the performance of Sequel, and there are demanding applications like plant and cancer genomics where PacBio's technology is particularly well-suited relative to competing approaches.
PacBio looks undervalued even on the assumption that its technology is always just a niche player, but this is very much a "show me" story, driven by system placements.
Good news has been hard to find at Pacific Biosciences (NASDAQ:PACB) for a while. Roche's (OTCQX:RHHBY) decision to terminate its agreement with PacBio to develop and market PacBio's technology for the clinical diagnostics market was a major setback in terms of both near-term cash flow prospects and public perception around the value of the technology platform. What's more, with the launch of the Sequel and subsequent reports on its real-world performance, PacBio has once again shown that it struggles to develop and launch systems that deliver the hoped-for performance from Day One.
PacBio shares have fallen close to 60% since my last update on the company, and it I believe the Street has soured too much on the company's prospects in core genomics research. The ongoing improvements in the performance of PacBio's systems should continue to drive adoption, but my fair value estimate of around $6 assumes mid-term revenue growth in the mid-to-high 20%'s and longer-term growth in the mid-20%'s, as well as the ability to earn strong free cash flow on revenue in the $500 million to $600 million range (similar to my expectations for diagnostics company GenMark (NASDAQ:GNMK)). There are absolutely no guarantees that PacBio can hit those targets, nor any guarantees that the markets will grow as hoped or that PacBio's technology won't be supplanted by its rivals. As a high-risk show-me story in an expensive market, though, it is at least worth a look again.
After Spending Tens Of Millions Of Dollars, Roche Walked Away
Despite spending over $100 million on upfronts, milestones, and internal R&D under a 2013 agreement to develop PacBio's single molecule real-time (or SMRT) sequencing technological for the clinical diagnostics market, Roche announced in December of 2016 that it was walking away from the agreement.
Neither Roche nor PacBio has spoken with particular clarity regarding all of the reasons why Roche made this decision, but there were likely multiple factors. First, and as mentioned by PacBio management on more than one occasion, the regulatory environment around the diagnostics market is different now than it was in 2013. At the time of the deal, it seemed very likely that the FDA was going to ratchet up its regulatory oversight of diagnostics, forcing a shift away from its much less stringent approach for lab-developed tests to a more standardized FDA-cleared test structure.
That shift has not happened, as the FDA has elected to maintain a lighter hand with respect to lab-developed tests. With that, potential customers looking at using next-gen sequencing (or NGS) for diagnostic testing are still more interested in buying platforms and reagents and developing their own tests - a structure that really doesn't fit with Roche's diagnostics business model. To that end, I'd note that HLA typing was thought to be one of Roche's main initial interests and Histogenics (NASDAQ:HSGX) is now PacBio's largest customer - owning around a dozen machines that it uses for HLA typing with its own developed tests.
Bears can (and do) argue that Roche's decision was motivated by the realization that the technology isn't viable for clinical diagnostics. The run costs are high (as are the sample requirements) and it is not especially fast or simple to use. Given those dynamics are very important in real-world labs today (as seen with companies like GenMark, bioMerieux (OTC:BMXXY), and others), it is possible that Roche saw a steep uphill climb in driving adoption.
I tend to come down on the side of the regulatory environment, as well as Roche's own internal options. I do believe the market for NGS-based diagnostics today lends itself much more to customized lab-developed tests and not the FDA-approved, "out of the box/one size fits all" assays that Roche is structured to develop and sell. I'd also note that Roche's internally-owned Genia technology could perhaps lead to faster, cheaper results and the company is expected to give more information on its plans for Genia in clinical diagnostics this year. It may be the case then, that Roche used the PacBio collaboration as backup plan while it assessed the viability of its Genia platform and that it decided that it would rather go forward with Genia (which it owns completely) than work with PacBio.
Working To Live Up To Expectations
The launch of the Sequel platform was supposed to be a major step forward for PacBio, offer not only a more functional system for users (with meaningfully greater throughput, read lengths, and price/performance) but a more profitable platform for PacBio.
So far though, the experience with the Sequel has been a lot like the company's experience with the initial launch of the RSII - actual performance has been less impressive than hoped. Actual read lengths for the Sequel started off around a half to a third lower than what was available with the RSII, with weak throughput as well. PacBio has subsequently introduced software and chemistry updates that have improved the performance, but read lengths are only starting to surpass the old RSII system. Even so, read lengths of 10kb-plus (and some users report lengths of over 20kb on a relatively regular basis) are still quite good compared to other commercialized systems, and especially when factoring in the real-world accuracy (errors with PacBio tend to be random and disappear with re-runs, while competing systems have errors that are more systemic and persistent).
This is disappointing but not necessarily as disastrous as it may sound. My late wife was a genetics researcher and it was basically par for the course for these sequencing systems to reach the market later than expected (Oxford Nanopore being perhaps the best example) and to offer less functionality out of the box than the company had promised - even Illumina (NASDAQ:ILMN) has had this issue more than once. Provided that PacBio's software and chemistry updates can continue to upgrade the performance of the system (and management is planning additional releases this year, as well as a new higher-capacity SMRT cell for next year), it won't radically impair long-term adoption. Moreover, as seen at recent genetics research meetings (like ASHG and AGBT), there are a lot of papers being published using PacBio's technology and machines.
Will The Market Continue To Develop?
PacBio has a market share in the low to mid single-digits today, while Illumina remains the dominant player in the space (Thermo Fisher (NYSE:TMO) is still in the game as well). PacBio has never tried to be a real head-to-head competitor with Illumina (or Thermo), and I believe management knows better than to go that route.
PacBio's strength lies in serving markets that are not well-served by competing shorter-read technologies. In particular, PacBio's approach works better in areas like plant genomics where the size and complexity (as well as the amount of repeating data) confounds short-read technology and in the study of structural variation in DNA - a growing area of interest in oncology research that demands longer read lengths.
I also believe PacBio still has credible opportunities in clinical diagnostics, but it will be a slower, harder climb without Roche's support. As I said before, Histogenics has become a bigger customer now that Roche has walked away and I believe there are other users who will step up and use PacBio's technology to develop their own lab-developed tests in areas like oncology, virology, and HLA typing.
The Opportunity
The loss of Roche's support is a blow to my long-term modeling expectations, but it should not be fatal for PacBio. Clinical diagnostics was always just part of the story, and PacBio's opportunities to leverage growth in human genomics research, plant genomics research, microbial genomics research, and oncology research remain intact, not to mention the fact that I don't believe the clinical diagnostics opportunity has gone to zero.
I believe PacBio can get to $300 million in revenue in 2021, but that is not a conservative estimate and "can" is by no means the same as "will". So too with my longer-term estimate of over $800 million in revenue with high teens FCF margins. Hitting these targets is going to require ongoing performance improvements (tied to software and chemistry upgrades), not to mention healthy funding for research and a competitive environment in which PacBio's approach is still highly competitive.
In essence, I believe PacBio is once again a "show me" story that will be driven by real evidence of system adoption and utilization. Unfortunately, management has chosen to clam up regarding system placements and orders - a move that I believe is not only shareholder-unfriendly, but denies shareholders key information regarding the health and progress of the business. Even so, the quarterly results in instruments and consumables will tell the tale regarding adoption and utilization.
Factoring in the company's cash burn and the need for further financing in the future, I come up with a discounted fair value of over $6 today. I would also note that PacBio is trading at less than 3x forward revenue. That level is well below what small-cap growth companies in life sciences typically trade at, and PacBio is still growing, with revenue up 30% in the first quarter and expected to be up close to 20% for the 2017 fiscal year. But PacBio has earned its skepticism and the market is unforgiving when unprofitable growth stories encounter serious issues and revise their growth expectations lower (as PacBio has done more than once).
The Bottom Line
PacBio is a high-risk speculation and a bet on the ongoing growth in demanding genomics research applications like structural variation. Buying PacBio also means believing that management will continue to drive improvements in system performance such that the company actually can capture that addressable market in more demanding applications that need longer read lengths. None of this is certain, but today's valuation really doesn't suggest a lot is expected, and this may be worth a look again from more risk-tolerant investors.
This article is part of Seeking Alpha PRO. PRO members receive exclusive access to Seeking Alpha's best ideas and professional tools to fully leverage the platform.
Disclosure: I am/we are long RHHBY.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks. https://seekingalpha.com/article/4082918-pacbio-back-square-one-definitely-back-show-me-story
Nice find Vinpat!! "Doctors like to be able to write a prescription and know that whatever they wrote is pure and from a blinded, placebo-controlled trial," California-based Nemus's CEO Brian Murphy told Reuters.
Nemus is testing its product—a synthetic version of the non-psychoactive CBD compound found in cannabis—on rats with chronic pain and expects to report data later this year".
Researchers use long-read genome sequencing for first time in a patient
Stanford scientists have used a next-generation technology called long-read sequencing to diagnose a patient’s rare genetic condition that current technology failed to diagnose.(This study was conducted in collaboration with Pacific Biosciences). JUN 22 2017
Euan Ashley and his collaborators used long-read genome sequencing to diagnose a rare condition in a Stanford patient. It's the first time the technique has been used in a clinical setting.
When Ricky Ramon was 7, he went for a routine checkup. The pediatrician, who lingered over his heartbeat, sent him for a chest X-ray, which revealed a benign tumor in the top-left chamber of his heart. For Ramon, it was the beginning of a long series of medical appointments, procedures and surgeries that would span nearly two decades.During this time, noncancerous tumors kept reappearing in Ramon’s heart and throughout his body — in his pituitary gland, adrenal glands above his kidneys, nodules in his thyroid.
The trouble was, doctors couldn’t diagnose his condition.
When Ramon was 18, doctors thought his symptoms were suggestive of Carney complex, a genetic condition caused by mutations in a gene called PRKAR1A. However, evaluation of Ramon’s DNA revealed no disease-causing variations in this gene.
Now, eight years later, researchers at the Stanford University School of Medicine have used a next-generation technology — long-read sequencing — to secure a diagnosis for Ramon. It’s the first time long-read, whole-genome sequencing has been used in a clinical setting, the researchers report in a paper published online June 22 in Genetics in Medicine.
Genome sequencing involves snipping DNA into pieces, reading the fragments, and then using a computer to patch the sequence together. DNA carries our genetic blueprint in a double-stranded string of molecular “letters” called nucleotides, or base pairs. The four types of nucleotides are each represented by a letter — C for cytosine and G for guanine, for example — and they form links across the two strands to hold DNA together.
‘Illuminating a dark corner’
Current sequencing technologies cut DNA into “words” that are about 100 base-pairs, or letters, long, according to the study’s senior author, Euan Ashley, DPhil, FRCP, professor of cardiovascular medicine, of genetics and of biomedical data science. Long-read sequencing, by comparison, cuts DNA into words that are thousands of letters long.
“This allows us to illuminate dark corners of the genome like never before,” Ashley said. “Technology is such a powerful force in medicine. It’s mind-blowing that we are able to routinely sequence patients’ genomes when just a few years ago this was unthinkable.”
The study was conducted in collaboration with Pacific Biosciences, a biotechnology company in Menlo Park, California, that has pioneered a type of long-read sequencing. Lead authorship of the paper is shared by Jason Merker, MD, PhD, assistant professor of pathology and co-director of the Stanford Clinical Genomics Service, and Aaron Wenger, PhD, of Pacific Biosciences.
The type of long-read sequencing developed by the research team’s collaborators at the company can continuously spool long threads of DNA for letter-by-letter analysis, limiting the number of cuts needed.
“This is exciting,” said Ashley, “because instead of having 100-base-pair ‘words,’ you now have 7,000- to 8,000-letter words.”
Falling cost
Thanks to technological advances and increased efficiency, the cost of long-read sequencing has been falling dramatically. Ashley estimated the current cost of the sequencing used for this study at between $5,000 and $6,000 per genome.
Though the cost of short-read sequencing is now below $1,000, according to Ashley, parts of the genome not accessible when cutting DNA into small fragments. Throughout the genome, series of repeated letters, such as GGCGGCGGC, can stretch for hundreds of base pairs. With only 100-letter words, it is impossible to know how long these stretches are, and the length can critically determine someone’s predisposition to disease.
Additionally, some portions of the human genome are redundant, meaning there are multiple places a 100-base pair segment could potentially fit in, said Ashley. This makes it impossible to know where to place those segments when reassembling the genome. With longer words, that happens much less often.
Given these issues, 5 percent of the genome cannot be uniquely mapped, the researchers wrote. And any deletions or insertions longer than about 50 letters are too long to detect.
For patients with undiagnosed conditions, short-read sequencing can help doctors provide a diagnosis in about one-third of cases, said Ashley. But Ramon’s case was not one of those.
The technique initially used to analyze Ramon’s genes failed to identify a mutation in the gene responsible for Carney complex, though Ashley said co-author Tam Sneddon, DPhil, a clinical data scientist at Stanford Health Care who browsed through the database of Ramon’s sequenced genome by hand, did notice something looked wrong. Ultimately, the long-read sequencing of Ramon’s genome identified a deletion of about 2,200 base-pairs and confirmed that a diagnosis of Carney complex was indeed correct.
This work is an example of Stanford Medicine’s focus on precision health, the goal of which is to anticipate and prevent disease in the healthy and precisely diagnose and treat disease in the ill.
An ‘exceedingly rare’ condition
Carney complex arises from mutations in the PRKAR1A gene, and is characterized by increased risk for several tumor types, particularly in the heart and hormone-producing glands, such as ovaries, testes, adrenal glands, pituitary gland and thyroid. According to the National Institutes of Health, fewer than 750 individuals with this condition have been identified.
The most common symptom is benign heart tumors, or myxomas. Open heart surgery is required to remove cardiac myxomas; by the time Ramon was 18 years old, he’d had three such surgeries. He is under consideration for a heart transplant, and having the correct diagnosis for his condition was important for the transplant team. Beyond the typical screening for a transplant, Ashley said the team needed to ensure there weren’t other health issues that could be exacerbated by immune suppressants, which heart transplant patients must take to avoid rejection of the donated organ.
This allows us to illuminate dark corners of the genome like never before.
Though it helps his medical team to have a confirmed diagnosis of Carney complex, Ramon has found it disheartening to face the fact that he cannot escape his condition. “I was pretty sad,” he said. “It took me a while to come to terms with the fact that I’ll have this until the day I die.”
He tries not to dwell on it, though. “Live one day at a time,” he said. “The bad days are temporary storms, and they’ll pass.”
“His story is quite incredible,” said Ashley, who said it was a privilege to be working on Ramon’s team. “To have such a burden on such young shoulders, and to decide whether or not he wants a transplant, requires incredible courage.”
Because he couldn’t wait any longer for a transplant, Ramon recently underwent his fourth surgery to remove three tumors in his heart. Joseph Woo, MD, professor and chair of cardiothoracic surgery, performed the operation at Stanford Hospital. “It is exceedingly rare to have tumors in the heart,” said Ashley. “It was a particularly heroic operation.” Though Ramon is still under consideration for a transplant, the need is less urgent now.
“I’m in good hands,” Ramon said of the Stanford team. “I’m glad to be here.”
A future in the clinic?
Ashley said he and many other doctors believe that long-read technology is part of the future of genomics.
“Now we get to see how to do it better,” said Ashley. “If we can get the cost of long-read sequencing down to where it’s accessible for everyone, I think it will be very useful.”
Other Stanford co-authors of the study are genetic counselor Megan Grove; former graduate student Zach Zappala, PhD; postdoctoral scholar Laure Fresard, PhD; senior research engineer Daryl Waggott, MSc; Sowmi Utiramerur, MS, director of bioinformatics for Stanford’s Clinical Genomics Service; research assistant Yanli Hou, PhD; research scientist Kevin Smith, PhD; Stephen Montgomery, PhD, assistant professor of pathology and of genetics; Matthew Wheeler, MD, PhD, clinical assistant professor of cardiovascular medicine; Jillian Buchan, PhD, clinical assistant professor of pathology; and James Ford, MD, professor of medicine and of genetics.
Ashley is a member of Stanford Bio-X, the Stanford Cardiovascular Institute and the Stanford Child Health Research Institute. He is also the founding director of the Stanford Center for Inherited Cardiovascular Disease, the co-director of the Stanford Clinical Genomics Service and the steering committee co-chair for the National Institutes of Health Undiagnosed Diseases Network. http://med.stanford.edu/news/all-news/2017/06/researchers-use-long-read-genome-sequencing-in-a-patient.html
Nemus Advances its THC Pro-Drug (1 hour 11 min ago)
Today, Nemus Bioscience (NMUS) announced that tetrahydrocannabinol (THC) derived from NB1111, a proprietary pro-drug of THC, achieved significant tissue concentrations in multiple compartments of the eye that are correlated with the lowering of IOP in a normotensive ocular animal model.
The abstract, Intraocular pressure lowering efficacy of NB1111 in a normotensive rabbit model expands on previously reported data by showing that the product safely penetrated multiple ocular chambers and concentrated in key tissues that help regulate intraocular pressure.
Nemus and the University of Mississippi have also collaborated on developing an analogue of CBD into an eye drop formulation called NB2222. The company plans to submit an abstract to an upcoming scientific meeting to present data on the NB2222 program.
We are favorable on this development and view Nemus’ relationship with the University of Mississippi to be a unique and differentiating factor. The shares are trading at $0.28 and this is a company investors should watch. https://technical420.com/cannabis-article/these-5-biotech-stocks-should-have-your-full-attention
Marketwired June 22, 2017- Nemus Bioscience Announces NB1111 Data Presentation at the 27th Annual Symposium of the International Cannabinoid Research Society (ICRS) COSTA MESA, CA--(Marketwired - Jun 22, 2017) - NEMUS Bioscience, Inc. ( OTCQB : NMUS ) announced that tetrahydrocannabinol (THC) derived from NB1111, the proprietary Nemus prodrug of THC, achieved significant tissue concentrations in multiple compartments of the eye that correlated with the lowering of IOP in a normotensive ocular animal model. The data will be presented on Saturday, June 24th at 1pm EDT at the 2017 ICRS Meeting in Montreal, Canada by the company's research and discovery partner, the University of Mississippi.
The abstract, "Intraocular pressure lowering efficacy of a ?9 -tetrahydrocannabinol prodrug, NB1111, in a normotensive rabbit model" expands on previously reported data by showing that Nemus drug candidate NB1111 safely penetrated multiple ocular chambers and concentrated in key tissues that help regulate intraocular pressure. Parallel studies using THC alone under similar testing conditions showed that native THC was unable to achieve concentrations in the eye comparable to NB1111. All studies were conducted in a normal, non-glaucomatous eye. The poster accompanying the abstract will be posted on the Nemus website after the presentation date.
"This set of experiments were important in the development of NB1111 by showing the superiority of NB1111 in both lowering IOP even in a normotensive eye, and the ability to enter the eye versus THC under similar testing conditions and formulations, including the use of a solid lipid nanoparticle (SLN) delivery formulation," commented Brian Murphy, MD, CEO and Chief Medical Officer of Nemus.
"In addition to lowering IOP, the NB1111 formulations did not display any toxic corneal changes to the eyes of exposed animals," stated Soumyajit Majumdar, PhD, Professor of Pharmaceutics and Drug Delivery and Associate Dean for Research and Graduate Programs in the School of Pharmacy at the university and lead scientist of the ophthalmic studies of NB1111. "The corneal analysis is an important safety finding for this drug as well as a lack of hyperemia that can be seen with some other glaucoma therapies. We look forward to further testing as Nemus prepares to move into human trials."
"The Nemus ophthalmology platform continues to evolve as we work to develop an NB1111 formulation for human testing. In addition, Nemus and the University have collaborated on developing an analogue of CBD into an eye drop formulation (NB2222). We plan on submitting an abstract to an upcoming scientific meeting to present data on the NB2222 program. The hallmark of many ocular diseases, from glaucoma to macular degeneration, results in damage to the optic nerve. We feel that cannabinoid-based therapies utilizing a prodrug of THC and an analogue of CBD could provide a substantive addition to current treatments across a spectrum of eye diseases related to the neuroprotective attributes of these cannabinoid molecules," noted Dr. Murphy. https://finance.yahoo.com/news/nemus-bioscience-announces-nb1111-data-093000281.html
I posted before I read your post. Yes I knew before I invested! Thank you for your Post!
John Hollister was the former CEO of NMUS!!
Published online 22 May 2017 The sunflower genome provides insights into oil metabolism, flowering and Asterid evolution The domesticated sunflower, Helianthus annuus L., is a global oil crop that has promise for climate change adaptation, because it can maintain stable yields across a wide variety of environmental conditions, including drought1. Even greater resilience is achievable through the mining of resistance alleles from compatible wild sunflower relatives2, 3, including numerous extremophile species4. Here we report a high-quality reference for the sunflower genome (3.6 gigabases), together with extensive transcriptomic data from vegetative and floral organs. The genome mostly consists of highly similar, related sequences5 and required single-molecule real-time sequencing technologies for successful assembly. Genome analyses enabled the reconstruction of the evolutionary history of the Asterids, further establishing the existence of a whole-genome triplication at the base of the Asterids II clade6 and a sunflower-specific whole-genome duplication around 29 million years ago7. An integrative approach combining quantitative genetics, expression and diversity data permitted development of comprehensive gene networks for two major breeding traits, flowering time and oil metabolism, and revealed new candidate genes in these networks. We found that the genomic architecture of flowering time has been shaped by the most recent whole-genome duplication, which suggests that ancient paralogues can remain in the same regulatory networks for dozens of millions of years. This genome represents a cornerstone for future research programs aiming to exploit genetic diversity to improve biotic and abiotic stress resistance and oil production, while also considering agricultural constraints and human nutritional needs8, 9. As the only major crop domesticated in North America, with its sun-like inflorescence that inspired artists, the sunflower is both a social icon and a major research focus for scientists. In evolutionary biology, the Helianthus genus is a long-time model for hybrid speciation and adaptive introgression10. In plant science, the sunflower is a model for understanding solar tracking11 and inflorescence development12. Despite this large interest, assembling its genome has been extremely difficult as it mainly consists of long and highly similar repeats. This complexity has challenged leading-edge assembly protocols for close to a decade13.
To finally overcome this challenge, we generated a 102× sequencing coverage of the genome of the inbred line XRQ using 407 single-molecule real-time (SMRT) cells on the PacBio RS II platform. Production of 32 million very long reads allowed us to generate a genome assembly that captures 3 gigabases (Gb) (80% of the estimated genome size) in 13,957 sequence contigs. Four high-density genetic maps were combined with a sequence-based physical map to build the sequences of the 17 pseudo-chromosomes that anchor 97% of the gene content (Fig. 1 and Supplementary Note 1.1–1.6). This compares favourably to an assembly of another sunflower genotype (HA412-HO; Supplementary Note 1.7), based on second-generation sequencing data, in which 2 Gb of sequence are placed in 816,854 contigs and 31,392 scaffolds. The sunflower genome encodes 52,232 inferred protein-coding genes and 5,803 spliced long non-coding RNAs (lncRNAs, Supplementary Note 2.1). To build the first small-RNA-mediated regulatory network for the sunflower, we identified 123 microRNA (miRNA) genes that we classified into 43 families (Supplementary Data 1), including 16 novel families. Sixty-three lncRNAs and 1,020 mRNAs are predicted to be miRNA targets, including 71 loci that probably produce secondary phased short-interfering RNAs (siRNAs, Supplementary Note 2.2). (More @ http://www.nature.com/nature/journal/vaop/ncurrent/full/nature22380.html
VANCOUVER, May 23, 2017 /CNW/ - InMed Pharmaceuticals, Inc. ("InMed" or the "Company") (CSE: IN; OTCQB: IMLFF), a biopharmaceutical company specializing in the research and development of novel, cannabinoid-based drug therapies, is pleased to announce that, in connection with its proposed public offering announced on April 21, 2017, it has entered into an underwriting agreement (the "Underwriting Agreement") with a syndicate of underwriters led by Canaccord Genuity Corp. and including Eight Capital along with Roth Capital Partners, LLC serving as placement agent for sales of Units in the United States (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on an underwritten basis, 11,120,000 Units of the Company (the "Units") at a price of $0.45 per Unit (the "Offering Price"), for aggregate gross proceeds of $5,000,400 (the "Offering"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will have an exercise price of $0.65 per common share and will be exercisable for a period of 24 months following the closing date. The Warrants will only be exercisable on a net cashless basis on the five-day volume-weighted average trading price of the common shares of the Company on the Canadian Securities Exchange ending on the date immediately preceding the date of exercise.
In addition, the Company has granted the Underwriters an option (the "Over-Allotment Option"), to purchase up to 1,668,000 additional Units at the Offering Price for a period of up to 30 days after the closing date of the Offering. In the event that the Over-Allotment Option is exercised in its entirety, the aggregate gross proceeds of the Offering to the Company will be $5,754,600.
InMed intends to use the net proceeds from the Offering for the following purposes: to support the continued research and development of INM-750 for the treatment of Epidermolysis Bullosa; to further develop the Company's other research and development programs including its biosynthesis assets; for general and administrative expenses of the Company; and to fund working capital.
Closing of the Offering is expected to occur on or about May 30, 2017, subject to the receipt of all necessary regulatory approvals and other customary closing conditions for transactions of this nature.
InMed intends to file a final short form prospectus for the Offering (the "Final Prospectus") on or about May 24, 2017 in the provinces of British Columbia, Alberta and Ontario. A copy of the Final Prospectus and the Underwriting Agreement will be available for review under the Company's profile on SEDAR at www.sedar.com.
This news release shall not constitute an offer to sell or a solicitation of any offer to buy any of the securities being offered nor shall there be any sale of any of the securities being offered in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.
(older important news) NEMUS Bioscience and Catalent to Advance NB1222 into Human Dosage Formulation Development. NEMUS Bioscience, Inc. ( OTCQB : NMUS ) today announced that the company is moving forward with Catalent Pharma Solutions (Catalent) to advance development of a human-dosage suppository formulation of NB1222, the proprietary prodrug of tetrahydrocannabinol (THC). NB1222, also known as the prodrug THC-valine-hemisuccinate, is being developed for the treatment and management of chemotherapy-induced nausea and vomiting (CINV). NB1222 is synthetically manufactured and is not plant-derived.
"Nemus is looking forward to working with Catalent to complete this important milestone as the company prepares to advance the candidate therapy to human clinical trials," stated Brian Murphy, M.D., C.E.O. and Chief Medical Officer of Nemus. "In addition to the recognized anti-emetic activity of cannabinoids, we feel a formulation that could provide reliable and predictable bioavailability and pharmacokinetics, could leverage other valuable physiological attributes associated with cannabinoids like appetite stimulation along with anxiolytic and pain mitigation properties in a patient population that could benefit from these activities."
Dr. Aris Gennadios, President, Catalent Softgel Technologies commented, "We believe Catalent's softgel technology is a great delivery choice for NB1222. With the convenience that softgel can offer, combined with a lipid formulation to enhance bioavailability and help assure dose uniformity, we expect Nemus to be well positioned to pursue development of an efficacious drug product."
"The global CINV market is a multi-billion dollar opportunity with projected growth as populations live longer, increasing the likelihood of developing a malignancy over time," commented Dr. Murphy. "THC-val-HS now has a patent footprint in major markets worldwide and we look forward to also advancing this prodrug into formulation activity for the glaucoma indication using our candidate molecule, NB1111." ABOUT CATALENT PHARMA SOLUTIONS
Catalent is the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products. With over 80 years serving the industry, Catalent has proven expertise in bringing more customer products to market faster, enhancing product performance and ensuring reliable clinical and commercial product supply. Catalent employs approximately 10,000 people, including over 1,400 scientists, at more than 30 facilities across five continents, and in fiscal 2016 generated $1.85 billion in annual revenue. Catalent is headquartered in Somerset, New Jersey. For more information, visit www.catalent.com https://finance.yahoo.com/news/nemus-bioscience-catalent-advance-nb1222-133000980.html
And higher HIGHS!! Date Open High Low Close Adj Close* Volume
May 12, 2017 0.35 0.35 0.32 0.35 0.35 88,600
May 11, 2017 0.34 0.35 0.32 0.32 0.32 102,000
May 10, 2017 0.33 0.35 0.32 0.34 0.34 438,600
May 09, 2017 0.30 0.33 0.30 0.33 0.33 723,500
May 08, 2017 0.32 0.32 0.30 0.32 0.32 141,000
May 05, 2017 0.34 0.34 0.29 0.32 0.32 291,500
May 04, 2017 0.31 0.34 0.29 0.34 0.34 1,647,100
https://finance.yahoo.com/quote/NMUS/history?period1=1493884800&period2=1494921600&interval=1d&filter=history&frequency=1d
NEMUS Bioscience Prodrug of THC (NB1111) Completes Validation Stage of Glaucoma Testing and Development
Accesswire AccesswireJanuary 5, 2016
COSTA MESA, CA / ACCESSWIRE / January 5, 2016 / NEMUS Bioscience, Inc. (NMUS) has announced the completion of the validation stage of testing of its cannabinoid-based therapy being developed for the treatment and management of glaucoma. The therapy, NB1111, is a proprietary prodrug version of tetrahydrocannabinol (THC) that has been shown to reduce intraocular pressure (IOP) in a rabbit glaucoma model. This compound has been in-licensed from our commercial and research partner, the University of Mississippi.
The prodrug of THC has previously been shown in University of Mississippi experiments to successfully enter multiple chambers of the eye when administered to animals by topical drop and bioerodable film. Additionally, in experiments conducted at the University of Mississippi, it has been reported that NB1111 topical drops successfully lowered IOP in the a-chymotrypsin induced rabbit glaucoma model by 45% - 50%. That study also showed that dosing of the topical drop would require more than five applications a day to insure IOP coverage.
Current experiments at the University examined the IOP-lowering efficacy of NB1111 when it is formulated in solid-lipid nanoparticles (SLN) and administered by topical drop in the a-chymotrypsin induced rabbit glaucoma model. Data from the SLN-based treatment arms revealed the maximum IOP lowering effect was 20% and 35% with concentrations of 0.4% and 0.6% (THC equivalent concentrations), respectively. The delivery of NB1111 using SLNs would result in two to three daily applications of topical drops. Use of NB1111 alone in a topical drop, not in an SLN formulation, resulted in a maximum reduction in IOP of 45% at a 0.6% THC equivalent concentration, validating the activity seen in earlier experiments.
"Blindness associated with glaucoma is the result of the death of retinal ganglion cells (RGCs). Reduction in IOP is important in mitigating the crush injury to RGCs in hypertensive types of glaucoma," stated Brian Murphy, MD, MPH, CEO-CMO of NEMUS. "Cannabinoid molecules, like NB1111, have been shown to optimize the reduction in IOP and given historical data, cannabinoids have also been found to exert direct neuroprotective effects on the optic nerve. The company plans on pursuing an IND enabling strategy by advancing the testing of NB1111 into another specie, either canine or primate, and plans to work in parallel with the University of Mississippi, to move this effective reducer of IOP into an implantable sustained release vehicle to provide long-term IOP control, eliminating the need for daily topical drop administration. NEMUS feels that this tripartite development strategy directed towards maximizing IOP reduction with a prodrug of THC, exposing RGCs to the neuroprotective qualities of cannabinoids, coupled to a sustained release technology, best optimizes efficacy and safety in a disease requiring chronic therapy. We want this program to exceed evolving standards of care in glaucoma and that includes de-risking non-compliance associated with topical drops by delivering this medication via an implantable sustained release technology."
"We are pleased with the results of this series of experiments that again have shown that cannabinoids hold great potential to be an effective, possibly best-in-class, IOP lowering medication," commented Dr. Mahmoud ElSohly, professor at the National Center for Natural Products Research at the university. "We look forward to also bringing forward novel forms of CBD to complement NB1111 for use as a therapy in eye disease."
"Our research team plans on submitting data from this series of experiments to an upcoming scientific meeting as we look forward to sharing information on tissue concentration metrics that prodrug formulations of cannabinoids have been shown to greatly enhance," said Dr. Soumyajit Majumdar, Associate Professor of Pharmaceutics and Drug Delivery and Associate Dean for Research in the School of Pharmacy at the university and lead scientist of the ophthalmic studies of NB1111.
"NEMUS is moving in a strategic direction to better elucidate the IOP lowering capability of cannabinoid prodrugs, to better understand their neuroprotective potential, and to better deliver them to maximize patient compliance and convenience," stated Robert N. Weinreb, Chair and Distinguished Professor of Ophthalmology at the University of California, San Diego (UCSD).https://finance.yahoo.com/news/nemus-bioscience-prodrug-thc-nb1111-133000054.html (also) http://www.marketwired.com/press-release/nemus-bioscience-announces-enhanced-ocular-tissue-concentration-proprietary-prodrug-otcqb-nmus-2134886.htm
Could get a short Squeeze!! May 04 Volume 1,632,056 -Volume shorted 1,055,726 Shorted = 64.69% of Volume Shorted. http://otcshortreport.com/?index=NMUS&action=view
The information in this prospectus is not complete and may be changed. We may not sell these securities until the Registration Statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any State where the offer or sale is not permitted.
SUBJECT TO COMPLETION, DATED JANUARY 20, 2017
Read the SMALL print in RED!!! (http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11793156)
Biggest short day in over a month 67.26%!!!!!!!!!!!!!!!!!!!!!!!!! Hope that was just covering. Date Close High Low Volume Short Volume % of Vol Shorted
Apr 17 0.31 0.31 0.29 245,919 165,398 67.26% http://otcshortreport.com/?index=NMUS&action=view
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 10 0.315 0.315 0.25 181,762 47,973 26.39%
Apr 07 0.30 0.315 0.29 89,018 24,508 27.53%
Apr 06 0.31 0.31 0.27 132,065 62,095 47.02%
Apr 05 0.27 0.284 0.268 243,155 82,508 33.93%
Apr 04 0.273 0.29 0.27 79,788 50,065 62.75%
Apr 03 0.28 0.31 0.28 168,612 57,213 33.93%
Mar 31 0.31 0.32 0.29 240,358 63,085 26.25% http://otcshortreport.com/?index=NMUS&action=view