InvestorsHub Logo
Post# of 4972153
Next 10
Followers 23
Posts 1374
Boards Moderated 0
Alias Born 11/17/2006

Re: None

Saturday, 04/18/2020 9:14:22 PM

Saturday, April 18, 2020 9:14:22 PM

Post# of 4972153
$AGNPF highlighted in MIT Technology Review

Creating new drugs is a laborious process. It takes on average about 10 years to bring a new medicine to market, and even a rushed coronavirus vaccine is likely to take 12 to 18 months. Medicines that have already been tested in humans are already known not to be toxic; the only question is whether they work against covid-19 too. That means pharmaceutical companies can immediately put them into clinical trials. That’s what Algernon Pharmaceuticals, based in Vancouver, Canada, is doing, says CEO Christopher Moreau. Currently, they are investigating the potential of ifenprodil, a drug used to treat circulatory and neurological conditions. If successful, it could be mass distributed in eight to 10 months.

https://www.technologyreview.com/2020/04/15/999481/repurposing-drugs-might-help-fight-coronavirus-pandemic/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.