Algernon Pharmaceuticals Inc. C.AGN

Buyout framework

[NamesJeb]

I was wondering if anyone here has much experience with what exactly the process would be if Ifenprodil does reach statistical significance and companies started making offers? What exactly would happen to share structure? Would it be a buyout, or partnership, and would the other ipf/chronic cough trial be effected from a shareholder perspective?

[TheBearInTheWoods]

Without a patent pharma wouldn't waster their time, enjoy 

[Proinvest2020]

Bear in woods, Haven't they clearly stated that they have the intellectual property rights for ifenprodil's use for respiratory issues?    if they don't why would they say so? Why would they spend all this time and effort to run these trials?   

[TheBearInTheWoods]

Algernon has filed new intellectual property rights globally for NP-120 (ifenprodil) for the treatment of respiratory diseases and is working to develop a proprietary injectable and slow-release formulation. the drug is from the 1970s, it must be a method of use patent. Very weak and not awarded yet, I hope you make money but don't expect a big pharma buyout from a 5 year old drug and no

[Proinvest2020]

Ahh ok... so filed for the rights... guess i heard what I wanted to hear.  Not sure if there would be a reason to not grant the right to use it for resp. illness. Thats a big if ... Worth the risk for me if the drug works as expected. Not so Pro I guess..lol!

[Triggertwo]

BITW you obviously don't know what your talking about. I will ignore you in the future. [Prominent examples include Pfizer’s Viagra (sildenafil) for erectile dysfunction and Celgene’s Thalomid (thalidomide) for the treatment of erythema nodosum leprosum (ENL) and multiple myeloma.] https://www.biopharma-excellence.com/news/2019/2/25/drug-repurposing-how-to-protect-your-asset-by-an-integrated

[TheBearInTheWoods]

The drug is already being manufactured and sold, has been since the 1979s. If there is success I would imagine mild success for AGN and huge success for the pharma companies already manufacturing the drug.

[Pandora]

Yes, you can purchase it relatively cheap in Japan right now.

[NamesJeb]

Yes you can "legally?" purchase Ifenprodil from Japan if you're suffering from dizziness right now. Algernon Pharmaceuticals is now 1st in line to own the rights to Ifenprodil to treat Covid-19, IPF and Chronic cough however. From my understanding this means if proven successful these Japanese and whatever other companies that are currently manufacturing it can't just suddenly

[NamesJeb]

Also patents expire after 20 years(give or take a year or so extension) Ifenprodil patent is long expired I believe.

[Raddnar]

Your ignorance on how the FDA and other countries’ version of it work is outstanding. Instead of posting you should read.

[NamesJeb]

Well I must start by thanking you for not answering my question regarding how the buyout process works whatsoever. However I just did some quick research regarding patents and their timeframe. Looks like a patent can take anywhere from 1(expedited)-3 years for approval. "While your patent application is pending (after the patent application is filed but before the patent is granted) you will

[Raddnar]

Don’t feed the bear. AGN is covered for ifenprodil.