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NXS - Next Science

Discussion in 'Stocks I-P' started by System, Apr 10, 2019.

  1. System

    System Administrator

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    Next Science's objective is to commercialise its proprietary technology for the treatment of biofilm protected bacteria, primarily in the area of human health and with potential applications in animal health and industrial segments.

    The Company's proprietary Xbio technology is a non-toxic technology with proven efficacy in eradicating biofilm and biofilm protected bacteria. Xbio has been validated by extensive clinical testing, multiple FDA clearances and more than 70,000 patient treatments since 2017.

    Next Science's Xbio technology is the basis of four FDA cleared products currently being sold in the US market to eliminate biofilm protected bacteria in surgery and chronic wound care applications. Next Science has distribution agreements with major multinationals 3M and Zimmer Biomet, and has a pipeline of additional product development opportunities planned for the short and medium term. Next Science expects sales of its acne treatment to commence in Australia in the second half of 2019 under an agreement with Advanced Skin Technology.

    The majority of Next Science's revenue is generated from sales through third party distributors which allows the Company to access large global markets without incurring extensive sales and marketing expenditures. This provides Next Science with an attractive platform from which to grow, while maintaining a focus on ongoing research and development activities aimed at unlocking further healthcare product and market opportunities for its patented Xbio technology.

    It is anticipated that NXS will list on the ASX during April 2019.

    https://www.nextscience.com
     
  2. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

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    Successful float.
    Biofilms are quite an amazing bacteria defence. Interested.
     
  3. greggles

    greggles I'll be back!

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    Next Science has to be the best performing IPO in some time. After listing at $1 a share late last month, it has climbed to a staggering $3.47 today, an outstanding share price gain in such a short amount of time.

    Today the company released two announcements:

    1. Next Science Investor Presentation May 2019
    2. Next Science appoints exclusive distributor of Sinus Lavage

    The first is a 32 page Investor Presentation outlining the company's business, products and objectives. The second concerns NXT appointing US-based Grace Medical, a recognised global market leader in the ear, nose and throat (ENT) marketplace, as an exclusive distributor of Next Science's Sinus Lavage, a medical device used in human rhinology and airway procedures.

    The announcements have sent NXS up another 24.8% to $3.47. I wonder how much further it has to go before it tops out in the short term. A great performer since listing but it can't keep increasing in price like it has in the last month. The short term top can't be far away.
     
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  4. greggles

    greggles I'll be back!

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    Well, after taking a little breather NXS has recommenced its trek north and has broken through $4 today to be currently trading at $4.15. No news of note has been announced since my last post.

    It's looking very bullish once again.

    big.chart-NXS.gif
     
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  5. Miner

    Miner

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    By fluke or hunch, I bought this stock NXS on 24th April this year @$1.75 to reach @$4.25 cob of 18th June. I wished other than CVN, if any two out of many stocks, I have on portfolio could have given half of such performances. Or at least I have had the crystal ball to buy more NXS.
     
  6. aus_trader

    aus_trader

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    Wow, what a stellar run so far...

    Biotech is not my thing but I might look into it. There must be something about this company's technology that is causing the stir.

    I have had a hit & miss experience with biotech's in the past but still bought a specky recently in that space for the speculative portfolio due to it's work in futuristic regenerative medicine. Despite my own poor performance in the past on this sector, there is potential if there is an expert in the medical research area that can guide us. Or it could be pure luck 'hitting the jackpot by throwing blind darts'. I mean if anyone threw a blind dart at CSL in it's early days they would be sitting on life-changing returns by now :greedy:
     
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  7. Miner

    Miner

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    Bio techs IMO are more of luck than a pure science. Many good bio techs with reputed scientists in charge could not succeed. Classic is BNO, GID. I lost lots from these two e. Stage 1 2 and 3 are enormous steps and then FDA.
    It is more risky than exploration. One rejection is like poor drilling of ore or oil.
    Examples of CSL are very few.
    Best of luck.
     
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  8. aus_trader

    aus_trader

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    My experience has been more of BNO's and GID's than NAN's. So one of the things I do to reduce my exposure is to have small positions e.g. minimal parcel or only slightly higher amount. On the other hand if it is a dividend paying established company I am happy to put a couple of K or more knowing that the chance of a huge drop is low or less likely.

    Yeah, I reckon finding an early stage CSL is like winning the lottery, probability-wise :cyclops:
     
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