Algernon Pharmaceuticals Inc (AGNPF)

[medchem]

Check my recent post 6436 for some information. Today, all I have to say is the following:

Some science: Quarantine measures are not overkill. This is a new virus and humans do not have immunity to it. By shutting down travel, it isolates severe cases and gives the population more time to develop immunity. This also means that when people get the disease, they will likely have severe end organ effects like acute respiratory distress syndrome (severe acute lung injury) and systemic inflammatory response syndrome. This means we need a drug ASAP that can help reduce mortality and decrease the inflammation from this type of illness. Algernon has a drug that can do this and has caught global attention, rightfully so... the world is watching and algernon are stepping up to the plate


Some business: Algernon did a really good job in getting warrants exercised. They have a boat load of cash to move quickly into their corona virus trial. The best part... the governments have dedicated massive quantities of funding for research. When Algernon steps out on the front line and takes the lead on this, they could have a lot of money at their disposal.


And this is just Corona... let alone the fact they are moving into Phase 2 for other disease...