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Same sentiment here. Is there a possibility the FDA can pass on the drug?
Hope we get an update soon
Not sure what to make of this AMG. Good information but what does it all mean?
I understand them going over all the types of investors involved here. Even the concept of institutional investors. Same thing happened with Trillium Therapeutics not long ago when FI's caught wind of a good thing in place. But why is being brought to people's attention now. Any thoughts on this?
Sounds good. I do not think that will be the case. I think this gets pushed to new highs before that happens.
The next news release could very well set everything in motion. Btw I'm done at Stockhouse. I'll sift through whatever garbage I can but it's not worth it. Too much janitorial work to be done to be custodian there. I'll let the chips fall where the may.
Did you guys get a chance to read the equity guru article? Algernon mentioned with some heavyweights
Hmm I wonder what the announcement will be.
FDA related regarding COVID. Trying to not get excited here.
https://equity.guru/2020/03/16/three-companies-using-solid-science-fight-covid-19-virus/
Some actual relevant info from stockhouse. It has its moments sometimes lol rare
Anytime lol.. yeah I agree waste of time over there. I'm only trying to assist those newcomers who may be interested in AGN to be rerouted to a place with credible info and resources, so they can have a chance at being part of something great. Rest of the week should be interesting.
Thanks AMG. Yeah figured I'd get the consensus here before I allow it to have any credibility in my mind. I don't know why they banned you considering you were probably the only one posting relevant info there.
Whatever pretty soon we won't have to monitor the boards anymore lol
So for the most part the Algernon board at stockhouse is a total mess of misinformation. As AMG can attest to. But there was a recent post with an email in the body from Chris Moreau addressed to Dr. Anthony Fauci asking for his support in pushing NP-120 to the American public on a compassionate basis.
Again I'm not sure how credible the poster is the profile was created last week. But I don't see why one would fabricate such an email and it looks legit. Just something that may be noteworthy.
Wowzers.. big time article!
Hahahahahaha gotta love the comedic timing of LD. Good find GVX808! Signs all over indeed.
Yeah you know.. gotta use the imagination sometimes. But the thought itself is not very farfetched based on the news releases.
Trying to envision what is going on right now in the background is something that's going to cross all of our minds, regardless.
So Gates was contacted on Friday. Obviously he is a busy man so it's more than likely this reached his attention by Monday. All clinical data was probably being reviewed and analyzed yesterday and today. Once they go through everything and say "yes this looks good". Spread the word.. Gates contacts FDA and says get this moved up the priority ladder asap. Yes sir Bill.
And there we have it.
I think everything needed to be said has pretty much been said or addressed.
Now we wait for history to be made.
That's truly mindblowing when you think about it. Great info on Moderna and the fact we are on the verge of our own first patient dosing is truly remarkable. I don't understand how nobody has caught on to this yet.
Penny flippers about to be a thing of the past. People seem to be totally asleep to what's going on here. Once the Gates foundation makes their statement on Algernon and NP-120 it is going to set the pharma world on fire.
Let's go man! Algernauts to the rescue.
We should be getting some news within the week. Based on how things are escalating. The share price actually held up nicely considering the beating the market is taking right now.
Opportunity for those with some extra cash to get in at levels we will never see again.
Definitely undervalued but not for long we hope! We are definitely bypassing tons of costs. In every difficult time there is always a silver lining. Looks like we have found one here.
I had totally given up on this company in all honesty. Back when the NASH pipeline was delayed and most of us here were wondering how all of the trials would even be funded. I am still in shock of all this.
A diamond in the rough.
Now that actually makes absolute sense to me. In a sense, it's like writing a great book and you take it to Oprah and she decides to unveil it in her book club. Giving it the exposure it needs and deserves.
Here's to great times ahead and a cure for this pandemic. Thanks AMG. It's kind of crazy how the landscape has changed and this company has come full circle to reach this point. You must feel a great deal of vindication seeing this all unfold. Even more when that share price spikes.
According to the website
"An accelerated pathway to bringing effective treatments to patients is around one year for products that have current regulatory approval or candidates with existing clinical data. The timeline would be longer for compounds further upstream in the pipeline that have limited existing clinical data."
So based on this best case scenario the drug will be available to the public in a year?
Not following AMG is that a good thing or bad? Lol
Yeah it's absurd. At this point the only thing people will notice is some big pharma slamming their wallet on the table and saying "name your price" which I do not doubt as a possible scenario
Wow.. Kudos to management.
How do we get this on NASDAQ with the big fish. How this is not flying is beyond me. Next step is FDA approval. Are people blind to this?
Well summarized Medchem.. hope we get an update soon.
Yeah I don't doubt they are a legitimate company. It says they are based out of Israel and announced they are working on a vaccine to combat the virus. Not very much insight more than that though.
Strange nothing showing up in terms of the website.. here is a link to their announcement back on Feb 14
https://vxlbio.com/vaxil-announces-the-identification-of-a-potential-corona-virus-vaccine-and-provides-an-update-in-the-previously-announced-debt-financing/
That's all they really posted in regards to what's going on. It was sitting at 0.02 cents a share and it's not getting the same mention that Algernon is getting amongst the big pharma names. Who knows.
What I find strange is they have over 10 millions shares traded today on the CAD side and yesterday the volume was also quite high.. all of this on no news updates from the company.
They also have had ppl posting on Algernon's stockhouse page. All this happening while we are having our "tree shaked". Seems a little strange to me. But hey back to our regularly scheduled programming.
Yeah I did some digging yesterday into them:
https://vxlbio.com/news-and-updates/
Last news release was Feb 13th and nothing since. My guess is they are being pumped by some Financial investment firm or something in order to generate a buzz. I do not think they have anything substantial of value. Just my opinion.
Great exposure.. getting mentioned alongside some heavy players. Stock price climbing nicely! Let's go! Next announcement is going to be huge.
Thank you kindly for the clarification good sir. Always a pleasure. I direct most of my questions at you because I know with you I get the pure facts and very little bias. Thanks Medchem for also elaborating.
I am really happy we have hit this point. I know it's been a long journey for me. You guys especially since you were around longer. From the BTH days arguing about which device would come to market first to now holding the cure to worldwide pandemic. My how the pendulum swings. Glad to be on board with this and let us pray this works not just for our wallets but for the world.
Flowers for Algernon.
Just curious as to what we can expect moving forward. Why are the doing trials in Asia when they are supposed to be in US Clinical trials?
Also are we gonna keep running up as we approach or is it going to just sit at these levels and gradually go down as we "wait" to see if they have lightening in a bottle as you say. I just do not want history to repeat itself and it do the Bullrun thing again.
I definitely agree. It seems like the perfect storm for AGN. And yes it's even better to know that we can all make some money off of something that is going to be beneficial to the entire world.
Big pharma for the past few months has been throwing money around. I was following a stock called Trillium Therapeutics (TRIL) - they are developing multiple forms of cancer treatments and when they announced news back in January and it ran up from .38 cents to $7 USD that was just off of potential buyout and institutional players taking big bites. And their pipeline is not as valuable as Algernon's imo. This stock could run to 7-8 USD similarly when this news starts to travel. Bear in mind Algernon is the little engine that could here and are still not on alot of investors radar. Despite the 16 million shares of volume today. Exciting times
It is also noteworthy that Gilead recently bought out Forty Seven Inc for 4.9 billion dollars last week who are developing the same treatment drugs as Trillium. The scouts are looking for talent
Based on how it was flying this morning I wanted a stronger close. Hope this will run again.
Thanks for taking the time to answer those questions. We are looking good! I don't think any of the institutional buyers have caught wind of this yet. When they do this is gonna soar. When the FI's learn of what's going on they are going to start chomping away at these shares and levels.
"Since Ifenprodil is an already approved drug with a known safety history, it can be safely administered to patients without additional pre-clinical testing" nvm I think I answered part of my own question lol
Lots of action here again lol nice to see:
I have so many questions. Thanks AMG for the DD regarding AGN being on Sanofi's radar. My question is this and it may sound stupid. If the repurposed drug belongs to Sanofi originally than why do they even need Algernon at all?
I recall months ago Algernon releasing news that they were quite a ways a way from completing trials. I believe it was 3 years away and we all kind of jumped ship and the price tanked. How come all of a sudden now they can just start giving drugs to be administered to patients. Based on how it performed against the strongest influenza? I understand this Coronavirus has changed the landscape of the situation itself. Also, do we see a potential buyout coming?
Just need a bit of clarification as to what's going on. Thank you in advance!