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Algernon Pharmaceuticals Inc AGNPF


Primary Symbol: C.AGN

Consumer Cyclical Healthcare Advertising Agencies Biotechnology
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

Algernon Pharmaceuticals Inc
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Post by XeniaTechieon Apr 21, 2023 11:37am
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Post# 35407334

AGN receives US patent for CKD drug

AGN receives US patent for CKD drugAlgernon Pharmaceuticals Inc.has received a Notice of Allowance from the United States Patent and Trademark Office for its lead drug NP-251 (Repirinast), a promising candidate for treating chronic kidney disease and non-alcoholic fatty liver disease. Repirinast was previously marketed by Mitsubishi Tanabe Pharma to treat asthma, and Algernon has since obtained a supply from a Chinese manufacturer. Preclinical studies have shown Repirinast to reduce hepatic fibrosis by 57% and the NAFLD score by 31%, making it a strong candidate for treatment. Algernon's patent applications protect their intellectual property strategy. https://financialpost.com/globe-newswire/algernon-pharmaceuticals-announces-notice-of-allowance-for-method-of-use-u-s-patent-application
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