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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

Algernon Pharmaceuticals Inc > AGN on Market One Minute
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Post by StockHawk1 on Jan 06, 2023 7:18pm

AGN on Market One Minute

Algernon Pharmaceuticals (AGN.c AGNPF) was featured in Market One Minute, for being the first company to investigate DMT as a treatment for stroke. 


Their discussion went over:

- The current lack of treatment for stroke

- Stroke treatment market expected to be $15B by 2029

- AGN's belief that DMT can help the brain create new neural pathways around the damaged tissue after a stroke

- Preclinical study which shows that DMT increases neural plasticity at a sub-psychedelic dose

- Could start a trial with actual stroke patients as early as next year

- & More

 
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CEO Clips: DMT Clinical Trial

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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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