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Antibe Therapeutics Inc(Pre-Merger) ATBPF

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

Post by Hideawayon Nov 23, 2020 1:50pm
897 Views
Post# 31953658

Market Reaction

Market Reaction Normally markets do not well to RS especially in the absence of positive news.We are experiencing that today with ate. Bid now at .375 and it will probably continue south until we get reassurance from the Company.The lower it goes the harder to get back.When you hold thousands of shares (as myself and many others do), 2 & 3 cent drops really hit your portfolio.They surely will not contemplate am RS until a NR is issued? Hope they have all their ducks lined up.
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