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Arch Biopartners Inc V.ARCH

Alternate Symbol(s):  ACHFF

Arch Biopartners Inc. is a portfolio-based biotechnology company focused on the development of technologies that have the potential to make a medical or commercial impact. The Company is focused on the clinical development of its drug platform in targeting dipeptidase-1 (DPEP-1) mediated organ inflammation in the lungs, liver and kidneys. Its lead drug candidate is LSALT Peptide (Metablok). LSALT Peptide is developed for targeting organ inflammation often experienced in hospitalized COVID-19 patients. It focuses on therapeutic development of LSALT Peptide and other DPEP-1 targeting drug candidates for new indications where inflammation of the lungs, liver and kidneys is an unmet problem. It has additional technology platforms in its portfolio including AB569, which focuses on preventing antibiotic resistant bacterial infections; Borg, which is a peptide-solid surface interface, and MetaMx, which is a synthetic molecule that target brain tumor initiating cells and invasive glioma cells.


TSXV:ARCH - Post by User

Comment by SrPlataon Dec 12, 2021 12:28pm
111 Views
Post# 34223047

RE:Another Reason Why this is my largest holding - Insider Buy

RE:Another Reason Why this is my largest holding - Insider BuyOn the surface it does not look like that big of a insider purchase of roughly 10k however if you take into consideration the annual  salary of RM of only 100k CDN it comes out to 10% of his salary. I think he is trying to send a signal to the markets that he feels how undervalued Arch is with this insider purchase. 
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