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I am out too! GLTA
Considering that there is only 1 therapeutic presently to treat Covid and many say it does no good, I'd say there is a good chance on getting EUA status from the FDA very soon.
EUREKA!
This is going to Phase 3 Trials.
One place that is forgotten about is covid-19 in prisons especially California which has many inmates infected with no medicine much less ventilators. It would be most helpful if a company like Algernon intervene.
Hell I bet they would be very willing to join the trials freely at this point!
If your religious even a prayer wouldn't hurt.
I believe this stock would have dropped anyways with or without the halt and news. Same thing has been going on for some time now. They sell off and keep buying back.
Eventually and soon something is going to change and it is still in the running for a covid 19 therapeutic.
Ifenprodil is still in the running for a therapeutic treatment for covid-19 despite what some here say. The stock price has always been a roller coaster ride but eventually it will settle.
I am still long. I didn't sell and still believe in the company.
That sounds reasonable. Thanks.
I think some were expecting a miracle drug and aren't fully realizing the potential of a therapeutic drug that helps people infected with the virus.
It will climb back up and then some soon enough.
Bah Humbug!
It's a Canadian thang.
This could be what we've all been waiting on!
I see visions of sugar plums, whatever the hell that is?
WHO Advises Doctors Not to Use Gilead’s Remdesivir for Covid-19
https://www.msn.com/en-us/health/other/who-advises-doctors-not-to-use-gilead-s-remdesivir-for-covid-19/ar-BB1bbo0M?ocid=msedgntp
Pfizer and BioNTech have a $2 billion deal to supply 100 million doses to the U.S., with an option for 500 million more
https://www.msn.com/en-us/news/technology/pfizer-e2-80-99s-covid-vaccine-prevents-90-25-of-infections-in-study/ar-BB1aPK79
No peer reviews.
"pharmaceutical companies would be wise to stop making forecasts about their timelines"
https://www.cnn.com/2020/10/30/health/covid-19-vaccine-predictions-pharmaceutical-companies/index.html
TRADING HALTED!!
Update tomorrow at 11am says on Algernon Facebook page.
https://www.facebook.com/AlgernonPharmaceuticals/
No doubt!
Big volume already in 30 minutes!
"The most conclusive evidence shows it reduces hospital stays from 15 to 11 days but does not significantly reduce the odds of dying of the coronavirus"
https://www.msn.com/en-us/news/us/remdesivir-may-not-cure-coronavirus-but-it-s-on-track-to-make-billions-for-gilead/ar-BB19z4E5?ocid=msedgntp
Pfizer may win the COVID vaccine race. But distributing it could be another matter.
"it requires special ultra-low-temperature freezers that can store medicine at approximately 94 degrees below zero."
Holy chit!
https://abcnews.go.com/Health/pfizer-win-covid-vaccine-race-distributing-matter/story?id=72862724&cid=clicksource_4380645_6_heads_posts_card_hed
yet people are still dying from covid at alarming rates. 187,441 to date in U.S. alone.
Trial data is what we are all waiting on here. It's no secret!
Whatever happened to Medchem. His last post was in May?
When positive results come to light it will certainly take off.
https://clinicaltrials.gov/ct2/results?cond=&term=algernon&type=&rslt=&age_v=&gndr=&intr=&titles=&outc=&spons=&lead=&id=&cntry=&state=&city=&dist=&locn=&rsub=&strd_s=&strd_e=&prcd_s=&prcd_e=&sfpd_s=&sfpd_e=&rfpd_s=&rfpd_e=&lupd_s=&lupd_e=&sort=
Now its updated. I figured the earlier patient news of enrollment was elswhere.
WOOHOO!
Great interview to say the least! Thanks for posting.
"Most wouldn't know that because Dr. Jaclyn "Jacky" Smith is not found at Algernon's corporate website."
I saw it in this Corp. Presentation on the website but didn't realize she was with Bellus.
https://algernonpharmaceuticals.com/wp-content/uploads/2018/01/Algernon-Pharma-Q2-2020-Rev-Apr-30-Email.pdf