Algernon Pharmaceuticals Inc (AGNPF)

[medchem]

Everyone should take a moment to process the significance of "drt1111"'s post. These guys are being acknowledged on the global stage alongside mega pharma. This is incredible.

In addition to receiving national attention, they have:

1) a medication that has known human safety

2) demonstrated "signal" or treatment effect (positive data) for the most serious form of influenza which results in a systemic inflammatory response with resultant acute respiratory distress syndrome that is of the same kind that the coronavirus (COVID) causes.

Translation: If it works for severe influenza virus related lung disease, it is almost certain to work for coronavirus related lung disease.

3) the patents and "control" of their drug

4) Millions of $ in cash in their pocket (based on the news release and BioPub info they provided)

5) Most importantly drug that is ready to be used!!!...

6) They could start their trial tomorrow.

7) When they announce a CRO that will conduct the trial, this will immediately be in the dollars range. There's companies trading in that range with FAR less potential.

Big pharma could swoop in and make offers here, but I have a feeling these guys realize that if they get positive results in the next few weeks that the payout is going to be exponential...

Congrats to everyone who has found this before it shoots to the dollars.