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Algernon Pharmaceuticals Inc AGNPF


Primary Symbol: C.AGN

Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N-Dimethyltryptamine (DMT). The Company operates through two segments, which includes the development of repurposed therapeutic drugs in Canada and the facilitation of the Company’s lead drug candidates into off-label phase II clinical trials (humans) in Australia. The Company's pipeline includes NP-251 (Repirinast) and AP-188 (DMT). The Company, through its subsidiary, Algernon NeuroScience Inc., is developing AP-188 (DMT) as a potential treatment for stroke and traumatic brain injury (TBI) recovery. Its NP-251 is being developed as a potential treatment for kidney inflammation and fibrosis.


CSE:AGN - Post by User

Post by SkywalkerofLukeon Jan 17, 2023 2:03pm
105 Views
Post# 35228629

News

News

AGN.c AGNPF progressing their Phase 1 DMT Clinical Stroke Study with the news that they dosed their first subject.


The resulting data generated will help AGN to plan both a Phase 2 acute stroke and rehabilitation study more effectively.


For more on DMT as a treatment for strokes here’s a video with the CEO.


Key points


- Currently only around 15% of people who suffered ischemic strokes have treatment options

- Ischemic stroke treatment is estimated to be a $15B market by 2029

- CEO explains how DMT can become a treatment for strokes

- Also touches on their Phase-1 clinical trial

- + more


https://www.youtube.com/watch?v=gMgSYNyMo34

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