Antibe Therapeutics, Inc. (Otc) (TSE:ATE) has released an update.
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Antibe Therapeutics Inc. has sought an extension of its stay of proceedings under the CCAA to May 24, 2024, as the company navigates regulatory discussions with the FDA regarding a clinical trial hold. This extension is crucial for Antibe as it continues to develop its innovative pipeline, including a potentially safer alternative to opioids and NSAIDs for pain treatment. The court has yet to decide on the stay extension, a decision that will be pivotal for the company’s immediate operations and future clinical advancements.
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