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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 JimmyJon Feb 18, 2021 8:08pm
154 Views
Post# 32605752

RE:Looks like it bottomed out. Get'em while they are cheap!!

RE:Looks like it bottomed out. Get'em while they are cheap!!

I don't know about $7 in a week but I do like I your enthusiasm.  Im anticipating more of a slow bleed to the mid-low 5's unless we get some quick news (unlikely).   I also see this as a healthy (planned) market correction, I mean a 40% gain already this year (and now stabilized) is not bad at all. 

Check BLDP as a recent example of slow bleed after a bought deal this year.  They went from$29-$52 over a few weeks in January, and then lost the wind in their sales on with the TD Securities bought deal at $46cdn/share.  It's been a slow bleed ever since and doesn't appear to have found bottom yet.    

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