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Antibe Therapeutics Inc(Pre-Merger) ATBPF

Healthcare
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

Antibe Therapeutics Inc(Pre-Merger) > If ATE
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Comment by Montana5on Mar 01, 2024 10:08am
176 Views
Post# 35908950

RE:RE:RE:If ATE

RE:RE:RE:If ATE Mugs, it's only easy access to cash if the warrant holders see upside value in the conversion. Time will tell how many of the warrant holders convert. For those that do convert their warrants, are they in ATE as an investment or a quick flip of their newly acquired shares? For the 'flippers', will there be enough of a market to absorb those shares without beating down the share price? Yes, the company may get easy access to $6.5 million, which can be used toward potential settlements or for other corporate purposes, but at what cost to the shareholder. The timely success of P2 this year is crucial. Hoping 2024 will indeed be a good year for ATE.
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