RE:RE:comments on Algernon progress....Agreed. Sometimes I wonder if people comment these timelines to reassure themselves or to have a “I told you so” in the bag.
it does suck waiting, but I tell ya guys, if this was any other time, this would be at least a 2 year process. It’s very rare you get a low entry point pharma stock that’s this promising and have an assured 7 month turn around. Repurposing helps, but what’s doin most of the leg work is the response to covid. unfortunetly, we’re going to get A LOT of bad product put out on the market and it’s going to hurt companies and people regardless of the “no liability clauses” signed for operation warp speed. That’s why I love AGN. Ifenprodil has a 50 year track record of being safe. The only risk we’re taking is the bet if it’s effective at treating TWO conditions.
Normally, you’re sitting at a 4-8 year waiting period for a new drug that has investment risks with efficacy, safety and only treats ONE condition. Plus, you probably won’t get in early enough to take advantage of that early low priced entry point.
This goes to everyone, if this is your first long pharma investment, don’t just be patient, feel blessed. Things are looking great. This could be you big pay out depending on your investment size and at the bare minimum the easiest money you’ve ever made.