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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 May 05, 2020 4:54pm
228 Views
Post# 30989908

A message for the ones who doubt

A message for the ones who doubt

I don't want to act like I know it all. Experience is what I hope to teach some of you and how I think when I invest. Not here to brag about yields or anything.

Before acting on panick, always imagine yourself 2 weeks from now, where could AGN be? FDA? Positive results in South Korea and possible phase 3 in Canada (only positive preliminary results needed)? 3-4 M$ grant by Gov. after positive results? Institution buys 6-7 M shares on PP? Media coverage, Ifenprodil on CTV maybe?

My point is who knows. All these are guesses, but I am sorry for the haters, but all of them are possible and pausible. Now use today's NR and try to think about something negative with AGN that could possibly prevent from these example (listed below) from occuring? You see, if you can sometimes detach yourself a little and use critical and objective thinking, that's when you realize what you are in it for.

If tomorrow brings no news, so what? Why doubt and cry about it? What makes AGN less attractive? Always a question of perception. Stick to facts and possibilities, because thats how the market reacts to, potential. 

David
 

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