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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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Post by Montana5on Mar 17, 2020 7:21pm
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Post# 30819316

Share price

Share priceMy concern over the last few trading sessions is ATE's inability to participate in market rebounds. It tends to drift with market pessimism, though. Seems that the buyers cannot keep pace with whoever is dumping. Despite the effects of Covid 19 on the market, I find it odd that the stock is reacting the way it is given that we are a month away from 2B results. Are the market makers playing with shareholders to take shares away from weak hands or do they know something that retail shareholders do not? We will see come mid April. 
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