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Bullboard - Stock Discussion Forum
Algernon Pharmaceuticals Inc.
C.AGN
Alternate Symbol(s):
AGNPF
Consumer Cyclical
Healthcare
Advertising Agencies
Biotechnology
Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N...
-Dimethyltryptamine (DMT). The Company operates through two segments, which includes the development of repurposed therapeutic drugs in Canada and the facilitation of the Company’s lead drug candidates into off-label phase II clinical trials (humans) in Australia. The Company's pipeline includes NP-251 (Repirinast) and AP-188 (DMT). The Company, through its subsidiary, Algernon NeuroScience Inc., is developing AP-188 (DMT) as a potential treatment for stroke and traumatic brain injury (TBI) recovery. Its NP-251 is being developed as a potential treatment for kidney inflammation and fibrosis.
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CSE:AGN - Post Discussion
Algernon Pharmaceuticals Inc.
> Prime high-risk/high-reward opportunity
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•••
biggonads
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Post by
biggonads
on Jul 22, 2022 12:20pm
Prime high-risk/high-reward opportunity
Algernon pharmaceuticals presents a compelling high-risk/high-reward opportunity - highly undervalued (market cap ~$6M). Recently releasing positive topline data from their ifenprodil phase 2 study, their drug treating patients with idiopathic pulmonary fibrosis (IPF) suffering from chronic cough - results like 65% of enrolled participants showing significant improvement in forced vital capacity. Research Capital Corp maintains their $25 price target. Hear AGN’s CEO Christopher Moreau discuss the recent updates
https://themarketherald.ca/algernon-pharmaceuticals-hits-co-primary-endpoint-in-its-phase-2-study-of-ifenprodil-for-idiopathic-pulmonary-fibrosis-and-chronic-cough-2022-07-18/
(13)
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cashworx22
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Comment by
cashworx22
on Jul 24, 2022 6:10pm
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