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Antibe Therapeutics Inc(Pre-Merger) 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)
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Comment by chipmuki1234567on Mar 06, 2016 7:42pm
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Post# 24628169

RE:RE:RE:RE:RE:RE:news!

RE:RE:RE:RE:RE:RE:news!I KNOW... Look an equity offering is probably in the books for funding. Citagenix needs to post growth or realize early that there is no growth and streamline. The approval for phase II is great but lets hope no issues like phase I. 

Due to the supply chain aspect of citagenix, not much share appreciation until actual shareholder value is built. Knight only bet $500K. They had one of their investments tank earlier. They are not always going to be right. Goodman wants a built a a diff. kind of biotech company. Investing in this company is a part of building a portfolio. We have no idea what was the risk profile the assessed or if this is thier moonshot. I don't like what they took in return for measely $500k. Every drug ever produced by ATE (WTF!). Makes me wonder, they must have thought this company is risky. 
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