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Algernon Pharmaceuticals Inc. C.AGN

Alternate Symbol(s):  AGNPF

Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N-Dimethyltryptamine (DMT). The Company operates through two segments, which includes the development of repurposed therapeutic drugs in Canada and the facilitation of the Company’s lead drug candidates into off-label phase II clinical trials (humans) in Australia. The Company's pipeline includes NP-251 (Repirinast) and AP-188 (DMT). The Company, through its subsidiary, Algernon NeuroScience Inc., is developing AP-188 (DMT) as a potential treatment for stroke and traumatic brain injury (TBI) recovery. Its NP-251 is being developed as a potential treatment for kidney inflammation and fibrosis.


CSE:AGN - Post by User

Post by grosdavidon Apr 30, 2020 7:11pm
193 Views
Post# 30973892

There is a price to pay for 5M$, and that is

There is a price to pay for 5M$, and that is

the price AGN has paid today. I'm fine with that, it's always easy to bash PP, but in this case, I find the price reasonnable.

I think we are talking to fast here, let's see who subscribes to the PP and how long it will take, then we can talk about it. 


In order to be around the world, you need the money. Than everything falls in, attraction, publicity, results, funding, etc.

Also to note, the last sentence of the NR, AGN has filed new intellectual property rights globally for NP-120.

Patience here, don't need to tell you that this will reach higher levels in the next coming weeks. 

David
 

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