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Bullboard - Stock Discussion Forum
Antibe Therapeutics Inc(Pre-Merger)
ATBPF
Healthcare
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,...
otenaproxesul, is in clinical development as an alternative to opioids and NSAIDs for acute pain. Its second pipeline drug, ATB-352, is being developed for a specialized pain indication. The Company also focuses on inflammatory bowel disease (IBD). Otenaproxesul combines a moiety that releases hydrogen sulfide with naproxen, a non-steroidal, anti-inflammatory drug. ATB-352 is an H2S-releasing derivative of ketoprofen, a potent NSAID commonly prescribed for acute pain. Its IBD candidates are being designed to maintain the efficacy, safety, and pharmacokinetic properties of ATB-429.
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GREY:ATBPF - Post Discussion
Antibe Therapeutics Inc(Pre-Merger)
> True Value
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mstrmnds
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Post by
mstrmnds
on Mar 26, 2024 2:36am
True Value
If capital can significantly change the valuation of a company then what's the true valuation of a P2 company in acute pain with a disruptive lead drug?
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mstrmnds
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Comment by
mstrmnds
on Mar 26, 2024 3:26am
It's an additional cost to take the drug(s) to market but in the greater scheme of things it's a relatively small price to pay. The money wasn't even Antibe's (chronic indication). If a motion has not been brought to the Ontario Courts, this could take years. If employees are involved Ontario Courts will not allow catastrophic payment terms to creditors.
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