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Algernon Pharmaceuticals Inc C.AGN

Alternate Symbol(s):  AGNPF

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 rico91on Oct 29, 2020 11:52am
183 Views
Post# 31803548

Opportunity ?

Opportunity ?As I write this , AGN is down 2 cents on low volume of 290k shares. It would appear that some small investors were expecting more from Chris yesterday. Maybe there should have been,
I tend to believe that clinicals like this are not easy and straight forward. We have certainly seen this with the big companies doing vaccine clinicals!
We are a small company doing small clinicals, but we have a " safe " drug that has been shown to have much potential.
We don't need the clinicals to show that Ifenprodal can cure covid 19. We just need to see that it did indeed improve  the outcome for these patients. We may be able to be part of a " cocktail " treatment or even a go it alone treatment ( pie in the sky, SP through the roof result )
Either way , we will be selling alot of product to help people survive.
I for one continue to roll the dice and buy more at this price.
Next stop will be announcement of 100%  enrollment which will most likely result in a small bump.
Anything positive after that and we are happy campers !
JMHO
Rico
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