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Algernon Pharmaceuticals Inc. C.AGN

Alternate Symbol(s):  AGNPF

Consumer Cyclical Healthcare Advertising Agencies Biotechnology
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

Algernon Pharmaceuticals Inc.
Bullboard Posts
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(121)
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Comment by futuregainson May 08, 2020 12:30pm
93 Views
Post# 31003758

RE:Demand and offer

RE:Demand and offerWell said Grosdavid. Those sellers who get scared by the large low ball bids are being enticed by their own fear. Those huge volume bids are designed to scare people in to selling at lower prices. Those that are fearful, need to think about supply and demand - basic economics 101. If the supply of a desired product is lower than the demand what should happen to the price of the product? It will go up. Think of the price of gas right now. Low demand - high supply. Which is the opposite of AGN stock. Gas prices are way down. Don't be coerced because you think the sky is falling. That's what these large bids are designed to do. They are playing on your fears. DO NOT UNDERVALUE WHAT YOU HOLD. 
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