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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 stockpatrolon Dec 05, 2022 6:49pm
215 Views
Post# 35152211

AGN.c has been granted Orphan Drug Designation to Ifenprodil

AGN.c has been granted Orphan Drug Designation to Ifenprodil
AGN.c has been granted Orphan Drug Designation to Ifenprodil for treatment of Pulmonary fibrosis. 
 
https://ca.finance.yahoo.com/news/algernon-pharmaceuticals-receives-u-fda-120000269.html
 
Recently completing phase 2 study on Ifenprodil in patients showed no worsening of lung function and significant improvements were seen. 
 
. “This regulatory milestone comes at an important time in the development of Ifenprodil as a potential new therapy for IPF, as we plan the next steps for our clinical program.”
 
AGN.c looking strong closing up 22% today surpassing the $3 mark.
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