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Antibe Therapeutics Inc(Pre-Merger) ATBPF

Healthcare Biotechnology
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) > Will see ...
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Comment by MrMugsyon Oct 31, 2021 3:53pm
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Post# 34071120

RE:RE:RE:RE:Will see ...

RE:RE:RE:RE:Will see ...
TheMadMonk wrote: Mugsy, don't forget about Citagenix.  If I remember correctly that was acquired after the 2015 pause, so it would not be included in the $27.7M valuation.  Depending on who you ask, Citagenix is worth between $6M to $15M, which would bring the current value of ATE closer to $90M.


Good point - halt in Jan and financials in Feb
Citagenix purchsed at some point in 2015 - so went to market ???  Will look.

Cita represents $5M-$10M sale ... let's assume a sale value of $7.5M ... fair enough for now !!!
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