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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

Comment by MrMugsyon Feb 15, 2021 3:38pm
176 Views
Post# 32569265

RE:RE:RE:RE:RE:RE:RE:100$ stock price

RE:RE:RE:RE:RE:RE:RE:100$ stock price
crow27 wrote: Thanks Mugs,
People are always concerned of how many AH shares there are but that is irrelevent to ATE shareholders That AH share count is only important to the owners of AH when they split the proceeds of a sale. They could of actually had it in a percentage instead of a share count.
Means nothing to us. What is the most important is the dollar value they are asking and if it is fair to ask that amout.
We need to combine the 2 companies as that is where the big bucks are. ATE could issue shares or cash on hand or a combination. If it's worth what they say it's worth it no matter what that number is and as long as the market considers it fair then we have no problem in aquiring it as our share price will not miss a beat.
IT HAS TO BE FAIR market value!! I have no idea what that number is?


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Exactly - has to be fair and to your point, we do need each other.  ATE wants to monetize more than just pain meds to 2030/32 if it can ... and ... AH wants to monetize the full value of AH.  It becomes a win-wn.

I can only tell you about the discussions I had in the past with ATE.
It led me to a 10-15% dilution as a possible range.
That's obviously before the Board got involved (on our behalf) and that was before the company started showing what it could do with quick iterations in development.
The Board also has to find confidence that the patents do have the extra value if we're going to pay for it.  Not a quick process, I'm sure.


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