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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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Comment by Pragmatiston Jul 29, 2020 12:24pm
134 Views
Post# 31337790

RE:RE:downgraded

RE:RE:downgraded
MUGMODs wrote: ChiChi ...that reduction in revenue relates to Citagenix.

Dental product sales would have grinded to a halt earlier in this year due to COVID-19.  I think a reduction in sales was very much expected.  Hence, the desire to cash up.

I think we're all hoping to get on a definate development pathway (sooner than later) and shed Citagenix.  First, we need some serious cash to come in.  

All in my opinion.


Citagenix's days might be numbered.  In the Biopub interview, 101:35, CEO ATE says that we own another company that we would like to sell.  Much better for management to focus on its core assets.  
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