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Antibe Therapeutics Inc(Pre-Merger) 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

Comment by guildwood1on Mar 11, 2015 4:24am
79 Views
Post# 23508282

RE:RE:Buying and Selling is mixed

RE:RE:Buying and Selling is mixedSailors take warning. I unfortunately I have been involved in two runs exactly like this that went sour extremely fast. MBAC saw huge volume and gains prior to a negative press release on capital requirements and lack of commercialization and ZMS which skyrocted prior to a court settlement that ended up not the massive settlement that is was hyped up to be. This is eerily similar as it has been a very closely watched stock that saw a few large buys at a low triggering a multiple day gain snow ball effect based on pure follow the heard speculation. Fact of the matter is they have been very tight lipped prior to any news releases and have recently indicated a severe capital requirement/ suspension of their main drug due to potential hepotoxicity. Not a great combination. 

I unfortunetely sold this prior to the run but if I was still in Id definitely take my profits when I could. I could be wrong but any negative newsrelease and this drops like a rock.... Or vice versa. 

Good luck. 
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