16 December 2025
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Agentix Corp.
CIK: 1603345•2 Annual Reports•Latest: 2025-07-16
10-K / July 16, 2025
Revenue:N/A
Income:-$567,048
10-K / August 30, 2024
Revenue:N/A
Income:-$585,154
10-K / July 16, 2025
Company Summary: Agentix Corp.
Business Focus
- Industry: Biotechnology and pharmaceutical development
- Specialization: Development of therapeutics targeting metabolic diseases, specifically focusing on "peripherally-restricted" drugs that do not cross the blood-brain barrier (BBB).
Core Assets & Pipeline
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Main Product Candidate: AGTX-2004 (DBPR211)
- A peripherally-acting CB1 receptor antagonist designed to treat obesity and Type 2 diabetes mellitus (T2DM).
- Demonstrated efficacy in animal models; does not cross the BBB.
- Has received FDA clearance for an IND application, with plans to initiate Phase 1 safety and tolerability trials in Australia.
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Additional Asset: AGTX-2003 (RTI-1092769)
- Also a peripherally-acting CB1 receptor inverse agonist.
- Shows efficacy in animal models for obesity and non-alcoholic fatty liver disease (NAFLD).
- Currently being prepared for IND filing with the FDA.
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License Agreements:
- Exclusive worldwide rights to AGTX-2004 licensed from Taiwan’s National Health Research Institute (NHRI).
- License for technology related to pyrazole compounds for T2D, obesity, and fatty liver disease from Taiwan’s NHRI.
Market & Industry Context
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Market Drivers:
- Increasing prevalence of metabolic syndrome, obesity, and Type 2 diabetes globally.
- Rising adoption of biopharmaceuticals and strategic industry partnerships.
- The market includes monoclonal antibodies, recombinant proteins, vaccines, and hormones.
- North America is a major market, with high growth projected in Asia Pacific.
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Competitors:
- Major biopharma companies like Novo Nordisk, Johnson & Johnson, Pfizer, Roche, Eli Lilly, Biogen, Merck, Sanofi, Bristol-Myers Squibb, Bayer.
Business Stage & Operations
- Stage: Clinical development stage; no revenue has been generated yet.
- Employees: None as of March 31, 2025.
- Operational Focus:
- Research and development of drug candidates.
- Initiating and preparing for Phase 1 clinical trials.
- Developing intellectual property and licensing agreements.
Financial & Commercial Status
- Revenue: None reported for fiscal years ending March 31, 2024 and 2025.
- Net Loss:
- Approximately $567,048 in the year ending March 31, 2025
- Approximately $585,154 in the year ending March 31, 2024
- Assets:
- Total current assets of about $100,274 as of March 31, 2025.
- No long-term assets reported.
- Liabilities:
- Total liabilities of approximately $3,204,523 as of March 31, 2025, mainly owed to related parties and vendors.
- Cash Position:
- Approximately $4,477 as of March 31, 2025.
- Significant doubt about the company's ability to continue as a going concern due to net losses and high liabilities.
Key Highlights
- No full-time or part-time employees; operations managed by Rehan Huda, CEO and Director.
- Focused on drug development, partnerships, licensing, and clinical trials rather than sales or commercial production at this stage.
- The company is operating at a significant net loss, with no current revenue, and heavily reliant on external funding and licensing milestones to progress.
