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Antibe Therapeutics Inc(Pre-Merger) T.ATE

Alternate Symbol(s):  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.


TSX:ATE - Post by User

Comment by MrMugsyon Aug 19, 2023 8:56am
122 Views
Post# 35596124

RE:RE:RE:RE:61 Cents

RE:RE:RE:RE:61 CentsNot just a discount period Harper.

With the volumes so low (no interest or excitement), there was no market here.  Without a market, you can't establish a reasonable price for your shares.  So you either wait - or - you accumulate.

This has been a period of accumulation (fishing) where you try to drag the buying price lower and lower as the fence sitters eventually gave up their shares on fear.

The fisherman could still be wrong as the river may be tainted with chemicals.  Hopefully the only chemicals here are the base drug and the H2S under much better control (onset/offset) and in a friendlier indication environment (acute).

Going to find out !!!
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