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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 bakerlakeboyon Feb 11, 2021 7:24pm
206 Views
Post# 32548059

phase 2 study from last June

phase 2 study from last JuneHi all, new to ATE board, just wondering why stock price crashed after results of phase 2 study released last june. Efficacy was proved for all dosing but stock price crashed in 2 days. The only neg i saw was ast enqymes elevated in significant % of pts but no more than those on statins and acetaminophen which some of the pts may have been taking at the time of the study. Took a small tuppance of shares today at a loss but whatever. Just wondering if anyone had insight or clarification as to why stock price fell after successful phase 2 results?
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