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Algernon’s business model is based on drug re-purposing, finding new uses for know drugs





 

Bullboard - Investor Discussion Forum 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... see more

CSE:AGN - Post Discussion

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Post by Justforfun10 on Jun 09, 2020 1:38pm

Transparency

If patient enrollment has not started in the Korean and Canadian trials I think the company needs to explain why? How difficult is it to administer 3 pills per day? Are patients opting for other treatments such as Remdisivir? Are they waiting for the successful development of the IV formulation? Each week that passes by without enrollment is burning available funds.
Comment by BehStreet on Jun 09, 2020 3:56pm
The "Korean" trial is being run by an indepependent CRO, Novotech, and, as stated in the webinar last week, Novotech won't divulge information until the trial has completed. I have already explained why patient enrollment is behind in South Korea, see my previous posts. As for the "Canadian" trial, it hasn't started yet. It is part* of the phase 2b/3 trial " ...more  
Comment by TheBearInTheWoods on Jun 09, 2020 4:19pm
it is funny how so many people are stepping into BIOTECH and expecting news tomorrow, to get FDA approval usually takes a year and costs a million. Health Canada isnt far off, as much as i dont like how Management spends money and treats shareholders, They are moving fast. Having a drug made and toxicoligy done takes time, Even for a repurposed drug, this usually takes years. their is a reason ...more  
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The Algernon Value Proposition



  • Advancing new drug treatments for billion dollar global disease markets.
  • Re-purposed compounds have a much lower risk of failing in human trials as a result of safety issues.
  • Conducting multiple phase II clinical trials.
  • Highly capital efficient business model.
  • Experienced management team & globally recognized medical advisory board.

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