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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 GameChangerBeton May 27, 2021 10:26am
202 Views
Post# 33275143

RE:Question?

RE:Question?
deadpatient wrote: Was ate going to amalgamate the i.p on its own, or is that a demand from a stalking big pharma?My hunch is we get taken out much fast than the timlines you folks are throwing out


The current goal is to strike a deal with a US and Europe pharma in those respective markets. That's the emphasis. Similar to the Nuance deal, but on a bigger scale for the larger markets.

There has been a ratio of 80/20 put out, as a probability of a licensing deal and a buy out respectively.

There's no indication that there has been a request by an outside company to amalgamate. However Antibe is aware enough and concluded that this needs to be done in order to be prepared for any potential buy out now or in the future, or any unsolicited offer that may come in.

It should go without saying that they are aware that an outright buy out would likely require the inclusion of the IP, as this is essentially what the aquirer would primarily be interested in. 

So the goal currently is to find a partner, but also be fully prepared to have the optionality of attracting a potential aquirer.
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