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Money $hot

03/06/21 5:32 PM

#14041 RE: shell3 #14026

$1 Billion Market Cap @ Algernon Pharmaceuticals...

shell3

166,945,269 Issued and outstanding after new Private Placement


...equals $6 per share.

Bellus Health damn near did it ($1B) with a failed Phase 2 clinical trial for Chronic Cough.

Of note to folk:

Algernon Pharmaceuticals’ NP-120 (Ifenprodil) Outperforms Merck’s Phase 3 Drug MK-7264 (Gefapixant) in an Acute Cough Study by 110%

Unlike Gefapixant, Ifenprodil has no known taste disturbance, which is similar to Bellus Health’s Phase 2 asset BLU-5937. Note: Bellus Health Inc. has reported that BLU-5937 had comparable efficacy to Merck’s MK-7264 (Gefapixant) in a guinea pig cough inhibition study that they conducted

Algernon's NP-120 outperforms both of them.

The Key is get to a Data Readout while we're still young.


Holla @ me

M$