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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 SkywalkerofLuke on Dec 16, 2022 3:33pm

Recent News

With their recent focus on the Phase-1 clinical DMT study it was good to see AGN.c AGNPF was granted FDA Orphan Drug Designation for Ifenprodil (the lead clinical candidate being developed for the treatment of IPF and chronic cough) as a treatment for Idiopathic Pulmonary Fibrosis.


They recently concluded a Phase 2a study of Ifenprodil in patients with IPF which saw patients receiving Ifenprodil experiencing no worsening of their lung function, and significant improvements were seen in the frequency of their IPF-associated cough as well.


https://ir.algernonpharmaceuticals.com/news-events/press-releases/detail/169/algernon-pharmaceuticals-receives-u-s-fda-orphan-drug

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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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