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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 Jefferam1on Jul 11, 2018 9:03am
240 Views
Post# 28298452

RE:zachs target price

RE:zachs target priceI'm not one to put much weigth on Zacks as I'm not convinced they have the track record to prove how accurate their valuation are.
But let's be intertained for a second.
If Zacks sayd 1.80 valuation, that is strickly based on ATB-346 they are not looking at our other pipeline drugs. (nor citagenix which is basically a write off anyway).

The market size for our next 2 pipeline drugs combined is comparable to ATB-346. 
Since this compound is basically win or bust - It's probably fairly consistent in the pipeline.
If ATB-346 takes Antibe to 1.80, it should be reasonably safe to say our next two pipeline durgs should add an additiona 1.80 to price makeing ATE valuation about 3.60.

I myself find that's a little lower then I'd expect, I think we are in the $4-$8 range (1-2 Billion market cap). But all the same, we are talking making roughly 10x our money in the next 1-3 years (pending on how quick some of this unravels.
I'm looking forward to that.

Just a waiting game at this point.

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