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Can't rush a good thing. Our team is working diligently day in day out to get us where we need to be. As COVID numbers keep rising so too is the desperation of world governments and regulatory committees. We are pushing through barriers to get this drug to the front line as quick as we can. As Medchem says trust the science and we must be patient.
Wheels are turning and in motion right now. Share price is no indication of that but Algernon is a stick of dynamite. Once the fuse is lit the rest is history. It is my belief that there will be multiple COVID related therapeutics that will reach market within 2020 and that Ifenprodil will be one of them. Call it a crap shoot if you will but we are very far along with global trials setting to be underway. Not to mention this is on the highest priority list and will more than likely be fast tracked due to the fact it's deemed safe for use. AGN is crossing the t's and dotting the i's. There is currently nothing available to treat patients.
For example, there are many people who suffer from headaches or pain and just because Tylenol exists doesn't mean Advil or Aspirin don't make money too. All depends on how a person responds to antipyretics vs anti-inflammatory. The truth is the world will need multiple drugs to treat COVID because everyone will react differently to different treatments. Some people with Coronavirus may not respond to Ifenprodil and will need an alternative form of treatment (and vice versa). That Forbes article Smoki posted is proof that Algernon is not flying as low under the radar as people may think. They are being watched by big pharma and once the data comes through things will look very different here. This play is not for the faint of heart. It requires much foresight.
Just look at this as a barometer:
https://ih.advfn.com/stock-market/NASDAQ/diffusion-pharmaceuticals-DFFN/stock-news/82139647/diffusion-pharmaceuticals-evaluating-tsc-against-a
Diffusion Pharma says they have a molecule to treat ARDS and have contacted FDA regarding getting their drug fast tracked. Even though this is not Algernon related it's good to know who else is trying to get their foot in the door. Because they currently trade on the Nasdaq their stock already doubled up.
Algernon being mentioned by Forbes is pretty cool indeed
Nice find Smoki - at 0:53 seconds the mention of "existing drugs able to block the pathways" - coincidentally in one of the countries where our trials are going to be conducted. Very plausible Ifenprodil being referenced there.
Onto much greener pastures. As we inch closer and closer to official scientific data and clinical results for NP-120. It seems the stars are in alignment for Algernon.
The past is the past but we are now in a new era. With real life affirmation from multiple outlets that we are on track towards something very big. I tend to agree. The old days were hard indeed but it all lead up to this point so it was not all for nothing.
Management keeps knocking out news releases keeping its existing shareholders in the loop every step of the way maybe just to show us ' hey guys, stay the course with us and we will all be rewarded soon'. They know things we don't. And I truly believe they may already know the drug works against COVID 19. They are now just going through the legal formalities to have all their ducks in a row so they do not run into any regulatory obstacles and can cruise through to FDA approval. Let's keep the news coming. That big news release is not far away.
I was definitely asleep lol this is huge indeed. Nice find! Official FDA acknowledgement and the wheels are starting to turn.
Yeah I guess sidestep was a poor word choice. I just meant it seemed as though he was not at liberty to discuss it as this point in time. Which is understandable based on the situation.
And I concur. Quarter 1 I feel was all about laying the groundwork and further expanding on the foundation. Quarter 2 is about building on top of it. Upwards towards the sky. I hope Ifenprodil can start being used globally by end of the upcoming quarter. That would be amazing for all of us and for anyone out there suffering from lung damage due to COVID 19.
I expected a bit more from the interview in all honesty but I guess we will have our answers in time. I guess he could not delve into anything funding related as he side stepped the Gates questions pretty quickly.
I should have submitted a question regarding their knowledge of NP-120 showing up on the supercomputer as well. Darn.
Pretty soon we are going to wake up to a news release and and a halted stock and reopen at 5 USD per share
And even when Shell comes through with the numbers the indication is that shares are being accumulated and held. Outside of flippers. That is always a good sign as well along with our sound science. External validation of news releases and our reputable CRO Novotech having skin in the game as well.
All signs point to yes. Like Puddy with the 8 ball jacket :)
Patience is a virtue and something truly groundbreaking like what Algernon has in the works will take some of that but things are moving pretty damn fast if you ask me.
For the duration yes we will have to deal with the CSE penny flippers who only look to wheel and deal. But anyone on this board who has read or done their DD knows better.
Experience can have it's downsides at times. When one experiences something negative in past instances it can cloud their own perception of what the reality is. They will assume the outcome or result will always be the same or similar based on this. With little faith that current events or time has altered the landscape of a situation. Whilst oblivious to the fact their own "experience" has now festered into a form of paralysis or a fear to act. Memories of past failures become shackles and the word "experience" only becomes a rationale for their inability to truly see things for what they are. Hence "I see things this way because... of xyz" and justification is needed. Just offering some insight. Do not let yourself be cheated out of what you know deep down. We are on are way. And soon we will take flight and treat this disease one pair of lungs at a time. God speed to us all.
Not directly related to Algernon but its relevance regarding FDA guidelines is an interesting read:
https://www.bnnbloomberg.ca/gilead-s-experimental-covid-19-drug-scores-potential-tax-break-1.1411472
Not really sure tbh. I would assume some time this week.
Agreed 100%.
With all the news releases and information we have on hand and this is still being held back. Day traders trying to shake out weak hands and the usual shenanigans that go on in the CSE. Something tells me that will be coming to an end in due time.
Upcoming interview with Chris Moreau with Equity insight:
We will be sitting down for an interview with Mr. Christopher Moreau CEO of @AlgernonPharma to discuss the company's recent achievements and milestones as well as what shareholders may expect from the company in 2020. $AGN $AGNPF
— Equity Insight (@EquityInsightCA) March 24, 2020
Send us your questions to info@equityinsight.ca pic.twitter.com/7qIcvjXXZX
Nice find Smoki.. word is spreading indeed :)
Thanks AMG. And to add to your point, yes this is definitely NOT a scam lol you think reputable CRO company like Novotech would invest in a scam and let their name be dragged through the mud for a few pennies? Or using Gates name in vein to swindle investors? That simply is not feasible as that is illegal on so many levels.
I think they're referring to companies like Vaxil Bio and multiple others making bogus claims. These guys went on webcam for an hour and showed their faces to the world talking about what's unfolding and explaining the business and science behind it. You simply don't get that level of transparency from a pump and dump. Today they named a company who will be mass producing the drug. A company we can look up and verify. Other companies are getting involved here and everything they are doing costs money. Why would they be spending like this if their goal was to doop investors? And more importantly where is the funding coming from? It's not us I can assure you. You really have to use your judgement here. CNN posted an article about a supercomputer showing Ifenprodil on its list of compounds which can treat COVID 19. Algernon didn't even need to make a claim like that.. a supercomputer did it for them.
They are the real deal as far as I'm concerned.
So Algernon has chosen a manufacturer in Eugene, Oregon. That's interesting indeed.. not too far from the Gates residence.
The list is not actually as long as it appears to be. About 85% of the companies listed are working on potential "vaccines" which have to go through more hoops and rigorous testing and trials to be approved.
There are very few on the list that are actual drug candidates which can be implemented now. The only one I see is 'Favilavir' which is a drug in China by Hisun Pharmaceuticals which is said to currently be in clinical trials in China and was tested on 70 people. The drug was originally developed to treat inflammation of the throat and nose. The generic version of the drug is currently available to the public but again they do not have the same regulatory hoops to jump through as other nations. I also looked into AT-100 by Airway Therapeutics and they won't even be able to begin trials until mid 2020. That list is full of hopefuls and would be's who seem to be only working on it.. but realistically quite a ways away.
It is also of no consequence as it has been echoed here there will more than likely to be multiple approved drugs and Ifenprodil still appears to be a front runner from the information we have on hand. None of them appear to have filed with the FDA or showed up in a small results list from the most powerful computer in the western world.
Nicely summarized Med ...and thank you Shell for the share breakdown helping us understand the warrant side of things and where we stand as shareholders based on insider trends.
Everything seems to be right in place. In an unfortunate time this really does seem to be the perfect storm for Algernon. It's almost difficult to believe how it's all unfolding. Supercomputers, Bill Gates, pre existing legality of our drug in Asia, trials beginning in multiple parts of the world, contact with FDA pending a response soon, likelihood of us having a responsive treatment for a pandemic which has altered everyone's way of life and claimed many lives. Its all just so much to process.
The sky really is the limit here. I do try to curb my enthusiasm (no pun intended). I even try to sometimes over analyze things so that I can find something to worry about. But Algernon.. really is truly and heavily undervalued. If the general public and financial investors knew the things that this board knows. They would be buying this up in great quantities. And that day will come soon as you can't keep a safe, effective drug for coronavirus a secret for very long. As the gasoline continues to leak from the barrel it only takes a small spark to ignite it. Thanks AMG for all your hard work and DD on the board. Invaluable info has taught me so much. Thanks Medchem for your amazing DD and all you do. Thanks Shell for always breaking things down and crunching the numbers. Everybody here functions together so cohesively and we would not have such an in depth understanding of what is really happening behind the scenes had it had it not be for the analysis of many great minds coming together. The results of that supercomputer was also a massive find. A critical piece of info we technically should not even be aware of. But great minds prevail. Hope we have an amazing rest of the month. Go Algernon.. finally ready to blow!
Okay well that's good to know that it's a device and not an injectable or ingestible pill. Which would be way easier to take and distribute globally as opposed to ordering a device and having them moved around through various care centers to aid patients. Our time approaches.
Thanks AMG and Boomer.
Anyone know what this may mean for Ifenprodil? I am assuming based on all the FDA articles I'm reading that they will be approving more drugs now based on efficacy.
FDA has been given green light from DT to get all possible treatments of Covid being deemed safe to use the go ahead nod. INOpulse is the first approved therapeutic and apparently works well. Any thoughts on this?
Bellerophon Therapeutics Inc just got an FDA nod for emergency use of a drug for COVID and look how big they went up today. Algernon's turn could be very soon!
I wonder if management will make a statement regarding these findings tomorrow? That would be interesting.
Note the timestamp Jagger.. this info was only made public 3 hours ago. Whose to say it isn't being acted on now. They not warming up a burrito in the microwave here lol
Wow. Sorry med I think AMG just further clarified it. That's monumental. This is elite level DD. Kudos amazing work guys.
So Medchem.. this is truly great indeed. I read the entire pdf file though and did not see Ifenprodil mentioned in it. Did I miss something? Or misread it?
And is there a reason Algernon would not update this yet or did we just beat them to it.
This sounds exciting.. looking forward to it.. hopefully lol
Yeah of course it's natural. It is what it is but right now it's only the penny flippers playing their regular games. People who have no idea about the company really other than their float.
As Medchem mentioned.. once news starts to circulate amongst the pharma world and medical professionals take notice this will grant AGN instant credibility amongst the elite and financial investors with real money to throw around will take notice. That's if we don't get absorbed by a conglomerate first. We all want to see that SP rise but bigger things are coming than this trading at .75 cents a share..
Actually getting to digest this news properly, taking into consideration; the dissection of the people on this board who have a better understanding of what's happening than most.. it is very good news.
Pretty soon NP-120 will be injected or ingested in real life COVID 19 patients who are suffering and we will have a clear cut answer to what Algernon has come to suspect based on the H5N1 trials. Does the drug help alleviate lung damage in extreme cases of Coronavirus? As AMG mentioned, what better place to test than Asia. You could even make an argument that South Korean trials would be taken more seriously from a global perspective than US trials given that that part of the world has been dealing with the outbreak for a longer period of time.
How many companies out right now can say they have a drug right now which is going to be given to REAL LIFE patients suffering from this pandemic and has already been deemed safe to use.. wow indeed. I feel dumb lol.
Whoa some serious volume out the gate. Almost 700,000 traded on the Canadian side already!
And thank you! I appreciate everyone here.
Thanks AMG.. glad to hear this is being interpreted as a big step in the right direction. Being established in ground Zero is huge and I never thought of it that way. This is pretty much what I was looking for. Just a breakdown of what it all means. Not trying to ruffle any feathers.
Thank you Medchem. And Boomer.. for clarifying. In all truth I did not understand the magnitude of the news. Hence, I don't claim to know alot but I see things through my own lense. Maybe it had some smudge on it and you brought me a wipe. Thank you.
In all honesty based on what I've read it looks like we have hit a dead end with Gates and the FDA and now being rerouted to a Novotech news release.
"The Company is in the process of refining the protocol for the phase 2 coronavirus study after receiving input from the investigators, and is working with Novotech to provide the necessary information and support in order to assist with the study’s approval. The study approval process may be expedited due to the current global health crisis.
The Company will release more information about the planned phase 2 coronavirus study shortly."
How I interpret this is the study has not even been approved yet. And now will have to wait for another update just to say it has been approved and moving forward with it. I really don't know how to take this.
Wish there was a little more meat on this news release but all in all it seems things are trending in the right direction.