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Antibe Therapeutics Inc(Pre-Merger) T.ATE


Primary Symbol: ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug, otenaproxesul, is in clinical development as an alternative to opioids and NSAIDs for acute pain. Its second pipeline drug, ATB-352, is being developed for a specialized pain indication. The Company also focuses on inflammatory bowel disease (IBD). Otenaproxesul combines a moiety that releases hydrogen sulfide with naproxen, a non-steroidal, anti-inflammatory drug. ATB-352 is an H2S-releasing derivative of ketoprofen, a potent NSAID commonly prescribed for acute pain. Its IBD candidates are being designed to maintain the efficacy, safety, and pharmacokinetic properties of ATB-429.


GREY:ATBPF - Post by User

Post by MrMugsyon Jan 11, 2021 8:07am
229 Views
Post# 32265420

Corporate Update ... didn't learn much

Corporate Update ... didn't learn muchDan brought his sparkler - vague
The only thing I hear is ... delay

- Partnering interest is up
- P3 prep work is on schedule with 8 studies completed - 2 ongoing
- Delayed P3 a quarter or two due to COVID ... that can only get worse IMO
- Submitting IND within weeks - again with the vague "weeks" comment
- Peak annual sales for 352 is expected to be $800M in USA alone

- Pipeline expansion initiative is now generating promising new molecules and fresh IP - more details in the coming months
- Development of new molecules is an ongoing process - announce progress in the coming months

- First candidate for in vivo tesing targets IBD

- intensifying our focus on increasing the value of our assets and improving negotiating leverage

- January is the launch of our large marketing partnering program

- Outreach to 70 global and regional pharma firms - report material developments as they occur (this is different than the outreach program ???)

- Soon to upgrade the OTC listing to the QX from a QB level designation


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