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Qualigen Therapeutics Inc QLGN

Qualigen Therapeutics, Inc. is a clinical-stage therapeutics company. The Company is focused on developing treatments for adult and pediatric cancers. The Company’s business consists of one early-clinical-stage therapeutic program (QN-302) and one preclinical therapeutic program (Pan-RAS). Its lead program, QN-302, is an investigational small molecule G-quadruplexes (G4)-selective transcription inhibitor with strong binding affinity to G4s prevalent in cancer cells (such as pancreatic cancer). Its Pan-RAS program, which is at the preclinical stage, consists of a family of rat sarcoma virus (RAS) oncogene protein-protein interaction inhibitor small molecules inhibits or block mutated RAS genes’ proteins from binding to their effector proteins thereby leaving the proteins from the mutated RAS unable to cause further harm. Its QN-302 is in a Phase 1a clinical trial.


NDAQ:QLGN - Post by User

Comment by dmacdon Jun 25, 2019 2:00pm
133 Views
Post# 29861326

RE:RE:Does Ritter Understand What is Has in RP-G28 ???

RE:RE:Does Ritter Understand What is Has in RP-G28 ???
"The Company is further exploring the therapeutic potential that gut microbiome changes may have on treating/preventing a variety of diseases including gastrointestinal diseases, cancer, metabolic, and liver disease." 
Read more at https://stockhouse.com/news/press-releases/2019/06/20/ritter-pharmaceuticals-provides-phase-3-liberatus-clinical-trial-and-regulatory#jM4T8Fl4MVFrIeTq.99

This is very promising. Liver disease prevention, healing or progression curbing will benefit from these therapeutics although a significant and rapid curation effect seems unlikely. I would like to see some lab tests with cure type approved or with advanced drug trials to see if there is a net benefit of Ritter and perhaps Immuron drugs. Ritter and Immuron can pay for the add-on experimentation provided there are financial terms, or reduce the efficacy based royalty and have the cure drug provider pay for the test work.  

Due to cash flow constraints and share dilution these will have to happen once sales are more advanced unless a cure company provides a good deal for shareholders and management. We cannot afford to chase these opportunities right now with market placement dilution. 

Almost time to load up in anticipation of Ph 3 results although perhaps the time will be when Ritter needs to raise cash to initiate NDA and early marketing. These stocks are ridiculously valued. The better strategy might be to do a deal with a suitable distributor as a non-exclusive or exclusive if milestones are achieved in anticipation of great results. 

Interesting but ignored pharms ... strange markets ... huge upside for those that pan out if more dilution can be avoided that is.

Anyone know how many shares insiders own???
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