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Antibe Therapeutics Inc(Pre-Merger) T.ATE


Primary Symbol: ATBPF

Healthcare
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

Antibe Therapeutics Inc(Pre-Merger) > Still can't believe
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Comment by themagicboxon Jan 12, 2021 3:16pm
148 Views
Post# 32278049

RE:RE:RE:Still can't believe

RE:RE:RE:Still can't believeAnyones guess Marky. This is the 'wild card' factor. Like MUGS was saying, this corporate update was definitely not "comprehensive". Classic Dan imo, ugh. More optimistic now that Haut and Stauffer are on board though.

Dead money for now as there are no short term catalysts that I see. This is important to mention so that people are not bag holding, and can make more money elsewhere to reinvest back in ATE. Like I have mentioned before, dont look at the daily SP, itll bring nothing but frustration.
In the medium to long term (likely 6 months) we'll see action similar to last years SP of $7-$8.

Again I hope Im wrong. However, given ATE's track record, its motto is "good science takes time" haha.

I am still very much positive on the science. Not so much the financial structure. 
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