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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) > Good News
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Comment by Doccoleon Dec 29, 2020 7:05pm
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Post# 32194155

RE:Good News

RE:Good NewsWith biopharm and deals-
say we make a licensing partnership deal with LATAM and it ups our cash position to 350m at 10%.  What would our stock most likely trade at? I imagine it would be much higher than a market cap of 350m.

i was looking online for examples, but I didn't know the way biopharm stocks are evaluated once a deal/cash infusion is established.  Dan said right now we should be at 400-600m, due to entering phase 3.  Thoughts?
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