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Algernon Pharmaceuticals Inc. C.AGN

Alternate Symbol(s):  AGNPF

Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N-Dimethyltryptamine (DMT). The Company operates through two segments, which includes the development of repurposed therapeutic drugs in Canada and the facilitation of the Company’s lead drug candidates into off-label phase II clinical trials (humans) in Australia. The Company's pipeline includes NP-251 (Repirinast) and AP-188 (DMT). The Company, through its subsidiary, Algernon NeuroScience Inc., is developing AP-188 (DMT) as a potential treatment for stroke and traumatic brain injury (TBI) recovery. Its NP-251 is being developed as a potential treatment for kidney inflammation and fibrosis.


CSE:AGN - Post by User

Post by StockDoctor101on Oct 24, 2022 1:14pm
86 Views
Post# 35044148

News from AGN - agreement with Yale

News from AGN - agreement with YaleSome good news from AGN.c today as they've announced that the company has entered into an agreement with Yale University for a DMT phase 2 depression study.

While AGN's studies haven't been focused on the treatment of psychiatric disorders, according to CEO Christopher Moreau "AGN has patents pending on novel forms of DMT which could potentially be used across a broad range of diseases."

This study will be one to look out for as it could assist in AGN's stroke research program and more.

https://ca.finance.yahoo.com/news/algernon-pharmaceuticals-enters-clinical-trial-110000717.html
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