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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

Post by Duster340on Jan 16, 2024 9:36am
151 Views
Post# 35828705

RE:RE: Upcoming Discussion

RE:RE: Upcoming DiscussionDan must have an ace up his sleeve for thursday to get the stock price comfortably above the $1 mark. the usual blah blah blah combined with the dillution of shares will move the stock back under $1 and they miss out on the full 6.5M, could it be that P3 has already begun? that would be a surprise and definitely move the stock, however i think the concensus is for a march start due to the last P2 start date and the other upcoming discussions likely one in march. maybe there was a much better than expected finding in the PK/PD study that has yet to be released. there has to be some kind of possitive news coming on thursday that moves the stock higher, dan seems confident.

“As we prepare for an exciting year ahead, this incentive program has the potential to further strengthen our balance sheet and simplify our cap table,” commented Dan Legault, Antibe’s CEO. “Of course, we’ll also be pleased to allow our warrantholders to rejoin us as shareholders as we advance otenaproxesul in a market of increasing relevance to potential partners.”
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