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Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug, otenaproxesul, is in clinical development as an alternative to opioids and NSAIDs for acute pain. Its second pipeline drug, ATB-352, is being developed for a specialized pain indication. The Company also focuses on inflammatory bowel disease (IBD). Otenaproxesul combines a moiety that releases hydrogen sulfide with naproxen, a non-steroidal, anti-inflammatory drug. ATB-352 is an H2S-releasing derivative of ketoprofen, a potent NSAID commonly prescribed for acute pain. Its IBD candidates are being designed to maintain the efficacy, safety, and pharmacokinetic properties of ATB-429.


GREY:ATBPF - Post by User

Comment by Yellowknifer69on Mar 05, 2020 9:02am
137 Views
Post# 30769422

RE:ATE had cash $6.5m+2.5m from options exercised =$9m

RE:ATE had cash $6.5m+2.5m from options exercised =$9mHello and good morning:

Given the amount of very public interest and anticipation of Clinical trial results soon to come, I don't think that there is too much concern about Cash flow and Burn rate.

Given some of the junior dogs out there that can seemingly raise money out of thin air,  ATE looks to be in fine shape w/ a moderate financial outlook.

Yellowknifer 
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