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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) > Bloom Burton ... FYI
View:
Post by MrMugsy on May 03, 2022 5:40pm

Bloom Burton ... FYI

If you listened to the presentation, you would have heard $8M for CITA.
That isn't the case.
The sale price for CITA was $6.5M ... confirmed.
Comment by Doccole on May 03, 2022 5:49pm
Just watched it.  They anticipate a run up going into phase 2.   do we think they will announce Nasdq uplist in the fall? how high at best and worst can we expect our MC going into phase 2?
Comment by MrMugsy on May 03, 2022 6:02pm
Oh my Doccole - that's a lot of questions ... I will try to answer the NASDAQ question ... as he did give a little shout-out to the NASDAQ crew on his team.  That's a good thing. The NASDAQ move is likely going to depend on a few things ... first - the share price movement 2nd - the appetite from the US side 3rd - expected ATE advances and drug development Therefore, I wouldn't ...more  
Comment by themagicbox on May 03, 2022 10:18pm
I hope you are right Mugs. I am leaning towards nothing to the SP or increased interest till september. I am bullish long term though. 
Comment by MrMugsy on May 04, 2022 12:09am
Yes - agreed. There are many unknowns so timing is way up in the air. Removing CITAGENIX, leaves the following mash-up ... IMO 1.  346 acute commercial study expected (Q2) 2.  346 acute regimen optimization and prep work (Q2-Q3) for P2 start (Q4) 3.  FDA applications for fast-track and/or breakthrough therapy and/or other programs 4.  Discovery - IV opportunity 5.  346 ...more  
Comment by Scotchnoice on May 04, 2022 3:01am
6,5 m$ wich including 3m$ linked to certain milestones so it could be lower than that.
Comment by MrMugsy on May 04, 2022 7:49am
Correct !