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Klotho Neurosciences Provides Shareholder Update Highlighting Recent Milestones as It Prepares to Address $8 Billion Neurodegenerative Disease Market
Prnewswire· 2025-08-18 12:30
Core Insights - Klotho Neurosciences, Inc. is advancing Klotho-based therapeutics for neurodegenerative diseases, targeting a market estimated at over $8 billion annually for conditions like ALS, Alzheimer's, and Parkinson's disease [1][2] Group 1: Company Achievements - In 2025, Klotho Neurosciences achieved critical strategic and operational milestones, executing a focused strategy to advance Klotho-based therapeutics from preclinical development toward clinical evaluation [2] - The company has enhanced its operational and scientific foundations through strategic partnerships, expanded research capabilities, and the addition of key talent [2] - Klotho is positioned to pursue key objectives that build on its 2025 successes, aiming to create long-term value for shareholders [2] Group 2: Product Development - Klotho Neurosciences focuses on innovative, disease-modifying cell and gene therapies derived from the human Klotho gene, targeting neurodegenerative and age-related disorders [3] - The current portfolio includes proprietary cell and gene therapy programs using DNA and RNA as therapeutics, along with genomics-based diagnostic assays [3] Group 3: Future Plans - The company plans to accelerate preclinical and IND-enabling studies for its KLTO-202 program [5] - Klotho aims to evaluate complementary technologies and acquisitions to enhance its pipeline breadth in brain health, organ function, and longevity [5] - The company will continue to expand internal capabilities to strengthen R&D, manufacturing, and clinical readiness [5]
Clene Reports Second Quarter 2025 Financial Results and Recent Operating Highlights
Globenewswire· 2025-08-14 12:38
Following constructive FDA feedback on its proposed statistical analysis plan, Clene plans to analyze the neurofilament light data from its large NIH-sponsored Early Access Protocol early in the fourth quarter of 2025A second Type C meeting has been scheduled with the FDA in the third quarter of 2025 to review the survival benefit associated with CNM-Au8 dosingThe Company expects to submit a New Drug Application in the fourth quarter of 2025 for potential accelerated approval of CNM-Au8® in ALSA Type B end- ...
Anavex Life Sciences to Announce Fiscal 2025 Third Quarter Financial Results on Tuesday, August 12, 2025
Globenewswire· 2025-08-05 11:30
Core Viewpoint - Anavex Life Sciences Corp. is set to release its financial results for the third fiscal quarter on August 12, 2025, and will host a conference call to discuss these results and the company's growth strategy [1][2]. Company Overview - Anavex Life Sciences Corp. is a clinical-stage biopharmaceutical company focused on developing innovative treatments for various central nervous system (CNS) disorders, including Alzheimer's disease, Parkinson's disease, schizophrenia, and Rett syndrome [1][4]. - The company's lead drug candidate, ANAVEX®2-73 (blarcamesine), has completed multiple clinical trials for Alzheimer's disease and has shown potential in treating Parkinson's disease dementia and Rett syndrome [4]. - ANAVEX®2-73 is designed to restore cellular homeostasis by targeting SIGMAR1 and muscarinic receptors, with preclinical studies indicating its ability to halt or reverse Alzheimer's disease progression [4]. - Another promising drug candidate, ANAVEX®3-71, targets SIGMAR1 and M1 muscarinic receptors and has demonstrated disease-modifying activity against Alzheimer's disease in preclinical trials [4]. Conference Call Details - The conference call will take place on August 12, 2025, at 8:30 am ET, where management will review financial results and provide updates on the company's growth strategy [2][3]. - Participants can access the call via a live webcast on Anavex's website or by dialing a specific phone number with a Meeting ID and passcode [3].
NeuroSense Provides Business Update and Progress for the First Half of 2025
Prnewswire· 2025-08-01 13:00
Core Insights - NeuroSense Therapeutics is advancing its investigational therapy PrimeC for ALS and preparing for a pivotal Phase 3 trial [2][3] - The first half of 2025 has been transformational for the company, regaining Nasdaq compliance and generating additional long-term data from its Phase 2b study [3][5] Corporate Highlights for H1 2025 - Nasdaq compliance was restored after a $5 million private placement in December 2024, strengthening the balance sheet [5] - New analyses from the Phase 2b PARADIGM study showed PrimeC slowed functional decline by approximately 40%, improved overall survival by 74%, and complication-free survival by 79% [6] - Manufacturing capabilities for PrimeC were successfully scaled to commercial levels, ensuring supply chain readiness [8] Financial Results for H1 2025 - Research and development expenses decreased by 32.9% to $2,503 thousand compared to $3,733 thousand in the same period of 2024 [12] - General and administrative expenses slightly decreased by 4.4% to $2,189 thousand [12] - The net loss for the first half of 2025 was $4,709 thousand, down from $6,261 thousand in the first half of 2024 [12] Future Plans - NeuroSense plans to submit a new request for Notice of Compliance with conditions (NOC/c) in Canada, supported by additional data [11] - A multinational Phase 3 study of PrimeC is expected to commence in the second half of 2025 following positive regulatory feedback from the FDA [11] - Discussions are ongoing with a global pharmaceutical partner to advance the development and commercialization of PrimeC [11]
Cognition Therapeutics Publishes Proteomic Analysis Elucidating Zervimesine's Protection of Neurons and Synapses in Alzheimer's Disease
Globenewswire· 2025-07-21 11:30
Core Insights - Cognition Therapeutics, Inc. published results from the Phase 2 SEQUEL study of zervimesine (CT1812) for treating mild-to-moderate Alzheimer's disease, indicating potential neuroprotective effects and improvements in neuronal function [1][2][3] Study Findings - The SEQUEL study demonstrated that zervimesine treatment led to consistent improvements in EEG parameters, particularly a reduction in theta wave frequencies associated with Alzheimer's disease after 29 days [2][11] - Zervimesine was linked to enhanced global alpha AEC-c, indicating improved functional connectivity between brain regions, with significant protein alterations related to vesicle formation and cellular transport functions [3][4] - In vitro experiments showed that zervimesine preserved neuronal health under oxidative stress conditions, maintaining cell viability and structural integrity in the presence of 4-Hydroxynonenal (4-HNE), a known inducer of oxidative stress [5][6][7] Company Overview - Cognition Therapeutics is a clinical-stage biopharmaceutical company focused on developing small molecule therapeutics for age-related neurodegenerative disorders, with zervimesine being a lead candidate currently in multiple Phase 2 studies [8][9] - Zervimesine has received FDA Fast Track designation for Alzheimer's disease, highlighting its potential therapeutic benefits [9][10] SEQUEL Study Details - The SEQUEL study enrolled 16 adults with mild-to-moderate Alzheimer's disease, randomized to receive either 300mg of zervimesine or placebo for 29 days, followed by a crossover to the alternate treatment [11][12]
Clene Provides Regulatory Update Following Constructive FDA Type-C Meeting on Neurofilament Biomarker Analysis Plan and Confirms Two Additional FDA Meetings
Globenewswire· 2025-06-30 12:00
Core Insights - Clene, Inc. and its subsidiary Clene Nanomedicine are focused on developing therapies for neurodegenerative diseases, including ALS and MS, and have provided a regulatory update following a Type C meeting with the FDA [1][4] Regulatory Update - Clene discussed its proposed statistical analysis plan (SAP) for neurofilament light (NfL) biomarker data from its NIH-sponsored Expanded Access Protocol (EAP) involving nearly 200 ALS patients treated with CNM-Au8 [2][6] - The FDA provided constructive feedback on the proposed analysis methodology for assessing NfL change, which will be analyzed after 9 months (primary analysis) and 6 months (supportive analysis) of treatment [2][3] - The acceptance of the SAP by the FDA is expected this summer, establishing a framework for NfL change analyses in EAP participants [3][6] Future Meetings and Plans - Two additional meetings with the FDA are scheduled for the 3rd quarter of 2025 to discuss long-term ALS survival results and the End-of-Phase 2 MS results [4][6] - If the NfL analyses demonstrate a clinically meaningful decline, it may support a new drug application (NDA) submission under the accelerated approval pathway, planned for the end of 2025 [3][6] Product Information - CNM-Au8 is an investigational therapy designed to improve mitochondrial health and protect neuronal function, targeting neurodegenerative diseases [5][8] - The therapy aims to enhance energy production and utilization in central nervous system cells, potentially leading to neuroprotection and remyelination [8]
Alterity Therapeutics to Provide Corporate Update in Fireside Chat
Globenewswire· 2025-06-23 11:25
Core Viewpoint - Alterity Therapeutics is advancing its development program for ATH434, a treatment for Multiple System Atrophy, following positive Phase 2 trial results released in January 2025 [1][4]. Group 1: Corporate Update - David Stamler, M.D., CEO of Alterity, will provide a corporate update during a Fireside Chat hosted by MST Access on June 25, 2025, in Australia and June 24, 2025, in the United States [1]. - The focus of the update will be on the progress made in the ATH434 development program since the positive Phase 2 data announcement [1]. Group 2: Webcast Details - The webcast will take place on June 25, 2025, at 9:00 a.m. AEST for Australian participants and on June 24, 2025, at 4:00 p.m. Pacific Time for U.S. participants [2]. - Registration for the Zoom webcast is required, and details will be sent directly upon registration [2]. Group 3: Company Overview - Alterity Therapeutics is a clinical-stage biotechnology company focused on developing disease-modifying therapies for neurodegenerative diseases, particularly Parkinson's disease and related disorders [4]. - The company has reported positive data for its lead asset, ATH434, in a Phase 2 clinical trial for Multiple System Atrophy, a rare and rapidly progressive disorder [4]. - Alterity is also conducting a Phase 2 clinical trial for ATH434 in advanced MSA and has a drug discovery platform aimed at generating patentable compounds for neurological diseases [4].
Vigil Neuroscience Provides Update on Iluzanebart Phase 2 IGNITE Trial in ALSP
Globenewswire· 2025-06-04 11:00
Core Insights - Vigil Neuroscience, Inc. announced an update on the Phase 2 IGNITE clinical trial for iluzanebart, a monoclonal antibody TREM2 agonist, aimed at treating adult-onset leukoencephalopathy with axonal spheroids and pigmented glia (ALSP) [1][2] Group 1: Clinical Trial Results - Iluzanebart showed a favorable safety, tolerability, and pharmacokinetic profile in both 20 mg/kg and 40 mg/kg dose cohorts [2] - The Phase 2 IGNITE trial did not demonstrate beneficial effects on biomarker or clinical efficacy endpoints for ALSP patients [2] - As a result of these findings, the Phase 2 long-term extension study is being discontinued [2] Group 2: Company Perspective - The CEO of Vigil expressed gratitude towards the ALSP community for their support during the trial process, despite the disappointing data outcome [3] - The company believes that the data collected from the IGNITE trial and the ILLUMINATE natural history study have increased awareness and understanding of ALSP [3] Group 3: Trial Design and Objectives - The IGNITE trial was a global Phase 2, open-label proof-of-concept study involving 20 patients with symptomatic ALSP and a confirmed CSF1R gene mutation [4] - The primary objective was to evaluate the safety and tolerability of iluzanebart, while secondary measures included assessing its effects on target engagement and biomarkers of disease progression [4] - Patients received intravenous infusions of iluzanebart at 20 mg/kg or 40 mg/kg approximately every four weeks for one year [4] Group 4: Disease Background - ALSP is a rare, inherited neurological disease caused by a mutation in the CSF1R gene, affecting an estimated 19,000 people in the U.S. [5] - The disease typically presents in adults in their forties and is characterized by cognitive dysfunction, neuropsychiatric symptoms, and motor impairment, with a life expectancy of approximately six to seven years post-diagnosis [5] - There are currently no approved therapies for ALSP, highlighting a significant unmet medical need [5] Group 5: Company Overview - Vigil Neuroscience focuses on developing treatments for neurodegenerative diseases by restoring the function of microglia, the brain's immune cells [6] - The company is also developing VG-3927, a novel small molecule TREM2 agonist, targeting common neurodegenerative diseases, initially focusing on Alzheimer's disease [6]
Alector to Participate in the Goldman Sachs 46th Annual Global Healthcare Conference
GlobeNewswire News Room· 2025-06-03 12:00
Company Overview - Alector, Inc. is a late-stage clinical biotechnology company focused on developing therapies for neurodegenerative diseases [3] - The company utilizes genetics, immunology, and neuroscience to advance a portfolio of genetically validated programs aimed at treating conditions such as frontotemporal dementia, Alzheimer's disease, and Parkinson's disease [3] - Alector is developing a proprietary blood-brain barrier platform called Alector Brain Carrier (ABC) to enhance therapeutic delivery and improve patient outcomes [3] Upcoming Events - Alector management will participate in a fireside chat at the Goldman Sachs 46th Annual Global Healthcare Conference on June 10, 2024, at 8:40 am ET [1] - A live webcast of the event will be available on Alector's website, with a replay accessible for 90 days post-event [2]
Vigil Neuroscience Enters into Definitive Merger Agreement to be Acquired by Sanofi
Globenewswire· 2025-05-21 23:30
Core Viewpoint - Sanofi has entered into a definitive merger agreement to acquire Vigil Neuroscience for an upfront payment of $8.00 per share, with potential additional payments based on the commercial success of VG-3927, valuing the total equity of the transaction at approximately $600 million on a fully diluted basis [1][5][6]. Company Overview - Vigil Neuroscience is a clinical-stage biotechnology company focused on developing treatments for neurodegenerative diseases by restoring the function of microglia, the immune cells of the brain [11]. - The company is developing VG-3927, a small molecule TREM2 agonist aimed at treating Alzheimer's disease, and has a pipeline that includes therapies for both rare and common neurodegenerative diseases [11]. Transaction Details - The merger agreement stipulates that Vigil's shareholders will receive $8.00 per share in cash at closing, plus a contingent value right (CVR) that could yield an additional $2.00 per share upon the first commercial sale of VG-3927 [1][5][6]. - The acquisition is expected to close in the third quarter of 2025, subject to customary conditions including shareholder approval and regulatory clearances [8]. Strategic Rationale - Sanofi's acquisition of Vigil aligns with its strategic focus on neurology and the development of innovative therapies for critical unmet needs in neurodegenerative diseases [4]. - The TREM2 target is seen as a promising area for addressing immune dysregulation and neurodegeneration, particularly in Alzheimer's patients who currently have limited treatment options [4][2]. Development Potential - The acquisition is anticipated to strengthen the development path for VG-3927, which is positioned as a Phase 2-ready clinical candidate for Alzheimer's disease [5][6]. - Activating TREM2 is expected to enhance the neuroprotective function of microglia, potentially preventing neural degeneration associated with adult-onset neurodegenerative diseases [2][3].