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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) > Amalgamating Antibe's Technology
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Comment by Micebergon Jan 15, 2021 10:25am
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Post# 32305467

RE:RE:RE:RE:Amalgamating Antibe's Technology

RE:RE:RE:RE:Amalgamating Antibe's TechnologyJust spitballing to find a general value. $150M Market Cap plus another (say) $60M (15M shares) to pay for Phase 3 is $210. Add $30M (7.5M shares) to pay for AH buyout is a total of $240M (~60M shares) ... at current prices. All else being equal.
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