Post by
calgarydave on Oct 04, 2020 6:31am
Stock Price up 100% in a month and not a tweet on this board
No news since they moved to TSX but the price has moved dramatically and is moving close to all time high of $1.80.
My call is that they are getting close to a licencing agreement with Fujifilm for Favipiravir.
They are in trials in Ontario and USA on a Sponsorship agreement but they need exclusive licencing rights to monetize this arrangement.
The company appears to have a long relationship with Fujifilm. In November 2019 they assigned worldwide rights to the company to develope and commercialise another antifungal drug ATI-2307.
Hopefully we can get the rights to Canada and USA as I believe no one else is in trials on this drug in these countries. Trials are underway worldwide with other companies.
My feeling is that this tablet form theraputic for Covid 19 is the best candidate for early stages cure within about 4 days from treatment compared to other candidates. I have been closely monitoring its progress since early this year and sent reports to the provincial government in March on the drug. My feeling is it beats everything else hands down.
If I am right and we get exclusive rights to it in N America this stock will explode out of our atmosphere.