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Alterity Therapeutics to Present at the Bell Potter Healthcare Virtual Conference
Globenewswire· 2025-11-12 12:25
Core Insights - Alterity Therapeutics is focused on developing disease-modifying treatments for neurodegenerative diseases, particularly Parkinson's disease and related disorders [2][4] - The company will present a corporate update at the Bell Potter Healthcare Conference on November 19, 2025, for Australian participants and November 18, 2025, for U.S. participants [1][2] - Alterity's lead asset, ATH434, has shown clinically meaningful efficacy in a Phase 2 clinical trial for Multiple System Atrophy (MSA), a rare and rapidly progressive Parkinsonian disorder [2] Company Overview - Alterity Therapeutics is a clinical-stage biotechnology company based in Melbourne, Australia, and San Francisco, California, dedicated to creating treatments for neurodegenerative diseases [2] - The company has a drug discovery platform that generates patentable chemical compounds aimed at treating the underlying pathology of neurological diseases [2] Clinical Development - ATH434 has recently reported positive data from an open-label Phase 2 clinical trial in advanced MSA, indicating progress in the company's drug development program [2] - The company is committed to developing therapies that can modify the course of neurodegenerative diseases, with a specific focus on Parkinson's disease [2]
Alterity Therapeutics Presents Promising Impact of ATH434 on Orthostatic Hypotension and Disease Progression in MSA at the 36th International Symposium on the Autonomic Nervous System
Globenewswire· 2025-11-10 12:25
Core Insights - Alterity Therapeutics announced promising results from the ATH434-201 Phase 2 clinical trial for Multiple System Atrophy (MSA), highlighting the drug's potential to impact treatment and disease progression significantly [1][2] Group 1: Clinical Trial Results - The ATH434-201 trial was a randomized, double-blind, placebo-controlled study involving 77 adults, assessing the efficacy, safety, and pharmacokinetics of ATH434 over 12 months [8] - Severe orthostatic hypotension (OH) was observed in 29.2% of participants in the 75 mg dose group, compared to 4% in the 50 mg group and 4.5% in the placebo group, indicating a significant baseline difference [4] - The efficacy signal in the 75 mg dose group improved from -2.4 to -2.8 points when controlling for OH, enhancing the relative treatment effect from 30% to 35% [4] Group 2: Efficacy and Safety - ATH434 demonstrated stability in OH symptoms across both dose groups, while placebo patients worsened by approximately 6 points over 52 weeks [5] - The drug showed clinically and statistically significant improvements on the modified Unified Multiple System Atrophy Rating Scale (UMSARS) Part I, indicating its potential effectiveness in managing MSA symptoms [8] - ATH434 was well tolerated, with adverse event rates similar to placebo and no serious adverse events attributed to the drug [8] Group 3: Future Development - The company is actively planning Phase 3 trials and preparing for interactions with the FDA, aiming to bring a meaningful treatment option to MSA patients [2][7] - ATH434 has received Fast Track Designation and Orphan Drug Designation from the FDA and the European Commission, underscoring its potential as a treatment for MSA [7] Group 4: Background on MSA - Multiple System Atrophy (MSA) is a rare neurodegenerative disease affecting up to 50,000 individuals in the U.S., characterized by autonomic dysfunction and rapid disease progression [9] - Currently, there are no approved drugs that can slow the progression of MSA, highlighting the need for effective treatments like ATH434 [9] Group 5: Company Overview - Alterity Therapeutics is focused on developing disease-modifying therapies for neurodegenerative diseases, with ATH434 as its lead candidate showing promising clinical efficacy [10] - The company is based in Melbourne, Australia, and San Francisco, California, and is dedicated to creating innovative treatments for patients with neurodegenerative conditions [10]
MediciNova Wins Contract Research and Development Innovation Award at 2025 BioTech Breakthrough Awards
Globenewswire· 2025-11-06 23:00
Core Insights - MediciNova, Inc. has been awarded the "Contract Research and Development Innovation Award" at the Fifth Annual BioTech Breakthrough Awards for its innovative work on MN-166 (ibudilast) [1][2][3] Company Overview - MediciNova is a clinical-stage biopharmaceutical company focused on developing small molecule therapies for inflammatory, fibrotic, and neurodegenerative diseases [4] - The company has a late-stage pipeline that includes 11 clinical programs, with MN-166 being the lead asset currently in Phase 3 trials for amyotrophic lateral sclerosis (ALS) and degenerative cervical myelopathy (DCM) [4] - MN-166 is also being evaluated in Phase 2 trials for Long COVID and substance dependence, while MN-001 (tipelukast) is in Phase 2 trials for idiopathic pulmonary fibrosis (IPF) and non-alcoholic fatty liver disease (NAFLD) [4] Product Development - MN-166 is designed to inhibit neuroinflammation and promote neuroprotection, targeting several neurological diseases with limited treatment options, including ALS [2][3] - The ongoing Phase 2/3 COMBAT-ALS trial of MN-166 reflects the company's commitment to addressing unmet medical needs in ALS [3] Industry Recognition - The BioTech Breakthrough Awards program recognizes innovative companies and technologies in the life sciences and biotechnology sectors, highlighting excellence in biopharma, therapeutics, genomics, diagnostics, and research tools [3]
NeuroSense to Host Investor Webinar on December 8, 2025
Prnewswire· 2025-11-03 14:15
Core Insights - NeuroSense Therapeutics is hosting an investor update meeting on December 8, 2025, to discuss its near-term milestones and objectives [1] Company Overview - NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on developing treatments for severe neurodegenerative diseases, including ALS, Alzheimer's, and Parkinson's disease [2] - The company aims to address significant unmet medical needs in neurodegenerative diseases by developing combined therapies that target multiple pathways [2] Upcoming Developments - The company plans to initiate the Phase 3 PARAGON study for ALS and submit a Notice of Compliance with conditions (NOC/c) in Canada [5] - Updates will also include the status of a binding term sheet executed in December 2024 and the RoAD Phase 2 program for Alzheimer's disease [5]
Clene to Participate in a Panel Discussion at the Maxim Growth Summit
Globenewswire· 2025-10-15 12:30
Core Insights - Clene Inc. and its subsidiary Clene Nanomedicine Inc. are participating in a panel discussion focused on neurodegenerative diseases at the Maxim Growth Summit, highlighting their commitment to addressing challenging therapeutic areas [1][2] - The company is advancing its investigational therapy CNM-Au8, which targets mitochondrial function and the NAD pathway to improve neuronal health and combat diseases like ALS and MS [2] Company Overview - Clene Inc. is a late clinical-stage biopharmaceutical company based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland [2] - The company specializes in therapies aimed at improving mitochondrial health and protecting neuronal function, specifically for neurodegenerative diseases such as ALS, Parkinson's disease, and MS [2] Product Information - CNM-Au8 is a first-in-class investigational therapy designed to enhance the survival and function of central nervous system cells by reducing oxidative stress and targeting mitochondrial function [2]
Alterity Therapeutics Presents Positive Data from ATH434 Phase 2 Trial at the 2025 International Congress of Parkinson’s Disease and Movement Disorders
Globenewswire· 2025-10-09 11:25
Core Insights - The data from the ATH434-201 Phase 2 clinical trial indicates that ATH434 slows disease progression and stabilizes orthostatic hypotension in patients with Multiple System Atrophy (MSA) [1][2] - New analyses presented at the MDS conference enhance confidence in the trial results, particularly regarding the efficacy of the 75 mg dose of ATH434 [2][3] - Advanced neuroimaging and biomarker analysis improve understanding of MSA diagnosis and disease tracking [1][7] Company Overview - Alterity Therapeutics is focused on developing disease-modifying treatments for neurodegenerative diseases, particularly MSA [1][14] - The company has demonstrated clinically meaningful efficacy for ATH434 in a randomized, double-blind, placebo-controlled Phase 2 clinical trial [14] - ATH434 has received Fast Track Designation and Orphan Drug Designation from the FDA for the treatment of MSA [10][14] Clinical Trial Details - The ATH434-201 trial involved 77 adults, randomized to receive either 50 mg or 75 mg of ATH434 or a placebo, administered twice daily for 12 months [12] - Results showed a 48% relative treatment effect at the 50 mg dose and a 30% relative treatment effect at the 75 mg dose on the modified UMSARS I scale at 52 weeks [3][12] - The trial also indicated that ATH434 was well tolerated, with similar adverse event rates compared to placebo [6][12] Efficacy and Safety Findings - ATH434 demonstrated a clinically significant reduction in disease severity on the UMSARS I scale, with improvements in daily living activities [3][6] - The treatment showed beneficial effects on orthostatic hypotension symptoms, with patients in the placebo group worsening while those on ATH434 remained stable [5][6] - Neuroimaging data indicated reduced iron accumulation in brain regions affected by MSA, suggesting target engagement [6][10] Diagnostic Advancements - The trial utilized state-of-the-art neuroimaging and biomarkers to refine MSA diagnosis and track disease evolution across its clinical phenotypes [2][7] - A multimodal approach combining α-synuclein aggregation profiles with clinical and imaging data may enhance diagnostic accuracy in MSA [7][8] - The study found a 90% concordance between clinical classification and quantitative MRI assessments, highlighting the value of imaging in diagnosis [8]
Alterity Therapeutics to Deliver Multiple Presentations at the 2025 International Congress of Parkinson’s Disease and Movement Disorders
Globenewswire· 2025-10-02 11:35
Core Insights - Alterity Therapeutics is set to present data from its ATH434-201 Phase 2 clinical trial for Multiple System Atrophy (MSA) at the 2025 International Congress of Parkinson's Disease and Movement Disorders [1][2] Company Overview - Alterity Therapeutics is a biotechnology company focused on developing disease-modifying treatments for neurodegenerative diseases, particularly MSA and Parkinson's disease [4][8] - The company has demonstrated clinically meaningful efficacy for its lead asset, ATH434, in a randomized, double-blind, placebo-controlled Phase 2 clinical trial [8] ATH434 Details - ATH434 is an oral agent designed to inhibit the aggregation of pathological proteins involved in neurodegeneration, specifically targeting α-synuclein pathology [4] - Preclinical studies have shown that ATH434 can reduce α-synuclein pathology and preserve neuronal function by restoring normal iron balance in the brain [4] - The drug has received Fast Track Designation and Orphan Drug Designation from the FDA for the treatment of MSA [4] ATH434-201 Phase 2 Clinical Trial - The ATH434-201 trial was a randomized, double-blind, placebo-controlled study involving 77 adults, assessing the efficacy, safety, and pharmacokinetics of ATH434 over 12 months [5][6] - Results indicated that ATH434 led to clinically and statistically significant improvements on the modified Unified Multiple System Atrophy Rating Scale (UMSARS) Part I compared to placebo [6] - Wearable sensors were used to evaluate motor activities, showing increased activity in outpatient settings for those receiving ATH434 [6] Presentation Details - The data will be presented in an oral session titled "ATH434 Slowed Disease Progression in a Phase 2 Study in Multiple System Atrophy" by CEO David Stamler on October 8, 2025 [3] - Additional poster presentations will cover topics such as the relationship between α-synuclein aggregation profiles and disease severity, and differences between clinical and imaging phenotypes in MSA [3]
Alterity Therapeutics to Deliver Multiple Presentations at the 2025 International Congress of Parkinson's Disease and Movement Disorders
Globenewswire· 2025-10-02 11:35
Core Insights - Alterity Therapeutics is set to present data from its Phase 2 clinical trial of ATH434 for Multiple System Atrophy (MSA) at the 2025 International Congress of Parkinson's Disease and Movement Disorders [1][2] Group 1: Clinical Trial Details - The ATH434-201 Phase 2 clinical trial is a randomized, double-blind, placebo-controlled study involving 77 adults, assessing the efficacy, safety, and pharmacokinetics of ATH434 over 12 months [5][6] - ATH434 demonstrated clinically and statistically significant improvements on the modified Unified Multiple System Atrophy Rating Scale (UMSARS) Part I, indicating enhanced daily living activities compared to placebo [6] - The trial also showed trends in improved motor performance and increased activity levels in outpatient settings, with both dose levels reducing iron accumulation in affected brain regions [6] Group 2: Presentation Information - The data will be presented in an oral session titled "ATH434 Slowed Disease Progression in a Phase 2 Study in Multiple System Atrophy" by David Stamler, M.D. on October 8, 2025 [3] - Additional poster presentations will cover topics such as the relationship between alpha-synuclein aggregation profiles and disease severity, and differences between clinical and imaging phenotypes in MSA [3] Group 3: About ATH434 - ATH434 is an oral agent designed to inhibit the aggregation of pathological proteins associated with neurodegeneration, showing preclinical efficacy in reducing α-synuclein pathology and preserving neuronal function [4] - The drug has received Fast Track Designation and Orphan Drug Designation from the FDA for the treatment of MSA, indicating its potential significance in addressing this rare disease [4] Group 4: About Multiple System Atrophy - MSA is a rare neurodegenerative disease affecting up to 50,000 individuals in the U.S., characterized by autonomic dysfunction and impaired movement, with no current treatments available to slow disease progression [7]
Anavex Life Sciences Announces Positive Topline Results from Phase 2 Study of ANAVEX®3-71 for the Treatment of Schizophrenia
Globenewswire· 2025-10-02 11:30
Core Insights - Anavex Life Sciences Corp. announced positive topline results from its Phase 2 clinical study of ANAVEX®3-71 for treating schizophrenia, achieving its primary endpoint of safety and tolerability in adults on stable antipsychotic medication [2][3][9] Study Results - The study demonstrated that ANAVEX®3-71 was safe and well-tolerated, with no serious treatment-emergent adverse events (TEAEs) reported [3][4] - Secondary analyses revealed encouraging trends in biomarkers, including positive trends in electroencephalography (EEG) and event-related potential (ERP) biomarkers of schizophrenia [7][8] Adverse Events Overview - In Part A of the study, 16.7% of participants on ANAVEX®3-71 experienced treatment-emergent adverse events, while no severe TEAEs were reported [4] - In Part B, 39.3% of participants on ANAVEX®3-71 experienced treatment-emergent adverse events, with no serious TEAEs reported [5][6] Biomarker Findings - Neuroinflammatory biomarker assessments indicated a reduction in glial fibrillary acidic protein (GFAP) in participants receiving ANAVEX®3-71 compared to placebo, suggesting a potential disease-modifying effect [8] Company Perspective - Company executives expressed optimism about the study results, highlighting the potential of ANAVEX®3-71 to address unmet medical needs in schizophrenia and neurodegenerative diseases [9][11]
Annovis Appoints Mark Guerin as Chief Financial Officer
Globenewswire· 2025-09-25 11:30
Core Viewpoint - Annovis Bio, Inc. has appointed Mark Guerin as Chief Financial Officer to guide the company through a critical phase as its drug candidate, buntanetap, shows promise in late-stage clinical development for neurodegenerative diseases [1][5] Company Overview - Annovis Bio is a late-stage clinical drug platform company focused on developing transformative therapies for neurodegenerative diseases, including Alzheimer's disease and Parkinson's disease [1][6] - The company is headquartered in Malvern, Pennsylvania, and is dedicated to improving patient outcomes and quality of life through innovative therapies [6] Leadership Experience - Mark Guerin has extensive experience in financial operations within biopharma companies, having served as CFO at Onconova Therapeutics (now Traws Pharma) and facilitated critical financing transactions [2][3] - Prior to Onconova, Guerin held senior finance roles, including Vice President of Finance and CFO at Cardiokine, Inc., overseeing its New Drug Application filing and sale [3][4] Financial Strategy - During his tenure at Onconova, Guerin was instrumental in completing several financing transactions, including a $20 million financing in December 2024 [2] - His experience includes managing financial reporting, forecasting, and internal controls, which will be beneficial for Annovis as it advances its clinical programs [2][5]