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Bullboard - Stock Discussion Forum 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... see more

CSE:AGN - Post Discussion

Algernon Pharmaceuticals Inc > AGN's largest shareholder increases ownership position
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Post by biggonads on Aug 24, 2022 12:02pm

AGN's largest shareholder increases ownership position

Algernon’s largest shareholder AlphaNorth has effectively increased their ownership position now up to 13% following the recent announcement of the closing of their private placement generating gross proceeds of $1.4M. Algernon is fully cashed up to rapidly advance clinical trials for their two lead programs, the latter with DMT treatments positioning them as one of the cheapest psychedelic stock on the market. https://www.globenewswire.com/news-release/2022/08/23/2502845/0/en/Algernon-Pharmaceuticals-Largest-Shareholder-AlphaNorth-Asset-Management-Increases-Ownership-Position.html
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