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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) > Dalriada
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Comment by Straylighton Jun 25, 2021 3:00pm
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Post# 33451624

RE:RE:RE:RE:RE:Dalriada

RE:RE:RE:RE:RE:DalriadaI believe in some of the previous conference calls Dan mentioned that they could move several other drug candidates along for about $1-2m. Of course that is a high level answer and that was probably before they got serious into negotiations for this contract.

Now how drugs this covers, how far it takes them, what the contract value is; all things that we don't have the exact answer to.

Personally I feel that knowing we still have roughly $65m-$70m left for P3, I feel pretty good about this. It keeps a lot of irons in the fire while preserving the bulk of our funds for Otena for P3. I think that puts us into an even better negotiating position for big pharma because it shows we could potentially strike gold with our other candidates and we aren't resting on our laurels with just one drug.
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