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AGN:CSE; AGNPF:OTCQB; AGW:FSE

Algernon Pharmaceuticals Inc.

Algernon is a clinical stage drug re-purposing company that investigates safe, already approved drugs for new disease applications, moving them efficiently and safely into new human trials, developing new formulations and seeking new regulatory approvals in global markets. Algernon specifically investigates compounds that have never been approved in the U.S. or Europe to avoid off label prescription writing.
Algernon has filed new intellectual property rights globally for its lead drug NP-120 (Ifenprodil) for the treatment of respiratory diseases and is working to develop a proprietary injectable and slow release formulation.
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Expert Comments:

This confirms the safety of NP-120, the drug Algernon Pharmaceuticals is evaluating in this human trial.
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All Penny Stocks

(8/24/20)
"What a spectacular run junior biotech Algernon Pharmaceuticals Inc. has made since late-November. The stock run-up is largely predicated on one virus, COVID-19. With a brief pullback over the last few months, we think it is time to revisit this stock as the technical stars may be aligning for one more major push higher."

headshot of André Uddin

André Uddin, Mackie Research Capital

(8/19/20)
"We are initiating coverage of Algernon Pharmaceuticals Inc. with a Speculative Buy recommendation and a target price of $0.80/share. . .Algernon is focused on developing repurposed small molecules for new disease indications – these drug candidates have been already approved in ROW markets (but not approved in the U.S. or Europe). . .Algernon's lead product, ifenprodil (a marketed drug in Japan for circulatory disorders) is being repurposed for COVID-19, idiopathic pulmonary fibrosis (IPF) and chronic cough."

Algernon Pharmaceuticals reported it has enrolled the first U.S. patient in its multinational Phase 2b/3 human study of Ifenprodil for use in treatment of SARS-CoV-2.
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Baystreet

(8/12/20)
"Algernon Pharmaceuticals Inc. is betting that this quiet and unassuming safe generic drug, Ifenprodil, may soon become a global blockbuster. . .the company recently announced the first patient has been enrolled in its multinational human Phase 2b/3 COVID trial of Ifenprodil. . .Phase 2b data are expected before 2020E."

Algernon Pharmaceuticals reported that the first patient has been dosed in the Phase 2 human study of Ifenprodil for treatment of idiopathic pulmonary fibrosis and chronic cough.
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In the study, Algernon Pharmaceuticals will test an existing drug that is being repurposed for these indications.
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Algernon Pharmaceuticals is seeking approved participation from Australia, Romania and the Philippines as well.
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Algernon Pharmaceuticals prepares to commence the Phase 2b study as soon as possible.
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Algernon Pharmaceuticals is quickly moving ahead with a multinational Phase 2b/3 trial for Ifenprodil.
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Algernon Pharmaceuticals received ethics approval in Australia for a Phase 2 human clinical study of NP-120 (Ifenprodil) for use in treatment of idiopathic pulmonary fibrosis and chronic cough.
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Algernon Pharmaceuticals reported it received approval from Health Canada for a Phase 2b/3 multinational clinical study of Ifenprodil in COVID-19 patients to prevent progression to intubation and mechanical ventilation.
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Experts Following This Company

Knox Henderson
headshot of André Uddin
André Uddin – Mackie Research Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Algernon Pharmaceuticals Inc. (OTC: AGNPF) (CSE: AGN) is one of the few companies still flying under the radar of the masses, potentially giving one of the last “ground floor” looks at a coronavirus stock before a pending breakout
 
Algernon Pharmaceuticals Inc. (OTC: AGNPF) (CSE: AGN) already has a proven drug that has a strong safety history and was developed by one of the top names in biotech, Sanofi.
 
Algernon Pharmaceuticals Inc. (OTC: AGNPF) (CSE: AGN) has already received positive Feedback from U.S. FDA for Ifenprodil COVID-19 Human Trial and is now approved for a Phase 2 clinical study in South Koreau cleared for a Phase 2b/3 human trial in CA
catalyst Calendar
Q2
2020
US FDA IND submission Phase 2b/3 May 15th, 2020
Q2
2020
First patient in Phase 2 study in South Korea – May 15th , 2020
Q2
2020
Ethics and regulatory approval for Phase 2 idiopathic pulmonary fibrosis (IPF) & chronic cough study
Algernon Pharmaceuticals Inc. Content