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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

Comment by Whalewatcher1on Aug 09, 2023 7:04pm
142 Views
Post# 35580674

RE:Phase 2 DMT Stroke Study Design Finalized

RE:Phase 2 DMT Stroke Study Design Finalized

Nice post, but do you really think they can raise the $4-5m to run such trial with market cap below $2M and raise $200k to cover maybe a month of burn.  


even if they figured out a way to raise the $, there's no real intellectual property in my opinion. They are taking off the shelf drug and giving to stroke patients. 


I guess a last attempt to drum up interest from incestors

They sign up Maxim who assume is now trickle out the shares they received for service. The spiral continues . . . 

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