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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

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,... see more

GREY:ATBPF - Post Discussion

Antibe Therapeutics Inc(Pre-Merger) > A Realist From CEO.CA
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Post by Blazesb on Jan 12, 2021 4:40pm

A Realist From CEO.CA

@JohnnySins The partnering will not occur until Phase 3 preliminary data is made available. No company with shareholders will take the risks of a buyout unless there is clear evidence that risks have been mitigated. That won't be until 2022.  Partnership discussions will certainly be in the works right now, as they take a minimum of 9-12 months (as previously mentioned in the BioPub chats). But to say there will be details of partnership discussions "soon" is both a naive comment and overly hopeful. Delays will continue due to COVID, and heck if the vaccines backfire or enough people don't take them in the US, this could be a multi-year process (3-4yrs) for a partnership/buyout.
 
I also don't like the tidbits about ISB drug inquiries, COVID distributions, etc. Whether or not they are actually pursuing them, it is extremely early stages for the tech to cross into other drugs when a Phase 3 hasn't yet even been approved, let alone begun. It feels like the company is stretching to keep investor interest/pumping up the SP. 
 
Get us results, give us facts, or give us actual timelines for something substantial AND STICK TO THOSE TIMELINES (aka include a buffer) - don't lead investors on with wild theories and hopes, and consistently miss on previous timelines by quarters or years. Over-promising and under-delivering seems to be a trend with this company since 2017...not sure about before.  
Comment by moosepenny on Jan 12, 2021 5:24pm
Good read.
Comment by endpntplay on Jan 13, 2021 10:50am
"until Phase 3 preliminary data is made available. No company with shareholders will take the risks of a buyout unless there is clear evidence that risks have been mitigated." this is just not true lol countless biotechs or drugs get partnered heading INTO phase 2/3. It's milestone based so the total "takeout" cost may not fully materialize if there is failure. That's ...more  
Comment by 3burtc on Jan 13, 2021 11:06am
That's nonsense !
Comment by 3burtc on Jan 13, 2021 11:34am
Btw I have blocked all bloggers who are saying anything negative about the company. I've done my d.d. and I'm not interested in being led down the garden path. If some doesn't like the company, then why are they shareholders? It is nice not having to put up with drama. Glta.
Comment by MikeStock on Jan 13, 2021 12:13pm
That's certainly a good idea. Did you differentiate between the bashers and the people who occasionally vent?  I'm certainly frustrated by the delays and the low volume but highly optimistic on the future. Seems like every time we bump up a little a bunch of people want out and we're right back to where we started. 
Comment by MrMugsy on Jan 13, 2021 12:25pm
All good Mike ... I think we'll eventually see the excitement return and share price rise. Will see if JPM can start the new wave of interest prior to P3. Most likely will happen, we just don't know when the tide turns. Cheers all !!!
Comment by 3burtc on Jan 13, 2021 12:26pm
An example would be the dilution lie, at 5% and the increased value of the company, dilution is far, far fetched. Btw no delays, everything is on track. BLOCKED!
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