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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 Biofinanaceon Dec 06, 2020 7:06pm
337 Views
Post# 32046957

Interim 75 patients Data might be good (Dec 14th Week)

Interim 75 patients Data might be good (Dec 14th Week)Based on the evidence generated by 2 independent groups speaks in favor of the positive outcomes - 

1) https://msystems.asm.org/content/msys/4/6/e00431-19.full.pdf - 
This was pub in 2019 Dec just when COVID was being detected for the first time. The Chinese group clearly showed a positive impact of Ifenprodil on H5N1-induced-Acute lung injury mouse model through alleviation of H5N1-induced cytokine storm in mouse lungs (Fig 3, Ifenprodil dubbed No.42)

2) https://europepmc.org/backend/ptpmcrender.fcgi?accid=PMC7263237&blobtype=pdf
This was pub in 2020 May by University of Texas group. These findings reveal a potential new pathway for sensory modulation of lung pathophysiology involving glutamate from sensory afferents acting on NMDA receptors expressed by resident cells in the lung. 

This data will break or make Algernon. I would have been more excited to see Ifenprodil patient activity in Cough/IPF rather in COVID indication, but this will be the first time AGN would showcase Ifenprodil relevance. Any positive outcome might shoot up this company to $1 zone. And this will help AGN to raise $10-15M for successfuly running/finishing Ifenprodil  relevancy in Cough/IPF. 

Fingers Crossed !
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