Overview
Description
Algernon Pharmaceuticals Inc. is a biotechnology company engaged in the research and development of novel therapeutic compounds. Its primary focus is on repurposing existing drugs to treat non-alcoholic steatohepatitis (NASH), chronic kidney disease (CKD) and other inflammatory diseases. The company's strategy leverages the existing safety data of drugs to accelerate the development process, providing a faster path to market for solutions in critical health areas. Algernon Pharmaceuticals operates in the highly dynamic and competitive pharmaceutical industry, which is heavily reliant on continuous innovation and regulatory compliance. Headquartered in Canada, the company aims to address significant unmet medical needs by rejuvenating known drugs and introducing them to new markets. By addressing multi-billion dollar sectors such as global renal and liver disorders, Algernon Pharmaceuticals holds a vital position in the healthcare sector, contributing to advancements in therapeutic options for complex conditions.
About
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Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE