Antibe Therapeutics Coverage Initiated at M Partners (ATE)
Equities research analysts at M Partners assumed coverage on shares of Antibe Therapeutics (CVE:ATE) in a research note issued to investors on Wednesday. The firm set a “buy” rating and a C$1.30 price target on the stock. M Partners’ price target indicates a potential upside of 160.00% from the stock’s previous close.
Antibe Therapeutics Inc develops and out-licenses protected new pharmaceuticals. The Company’s drug design methodologies involve chemically linking an existing drug (CVE:ATE) to an Antibe-patented, hydrogen sulfide-releasing molecule; hydrogen sulfide (H2S) is the key gaseous mediators and has anti-inflammatory, anti-nociceptive (pain-killing) and vasodilatory properties.
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