Alterity Therapeutics Limited American Depositary Shares - ATHE STOCK NEWS

Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) announced findings from the bioMUSE study at the American Academy of Neurology Annual Meeting, showcasing wearable sensors' effectiveness in quantifying motor impairment in patients with Multiple System Atrophy (MSA). The analysis involved 17 participants and indicated a strong correlation between sensor parameters and traditional clinical assessments of motor impairment. This data is significant for future clinical trials, as wearable sensors will be integrated as secondary endpoints in the ongoing Phase 2 trial of ATH434. ATH434 aims to address neurodegeneration and has shown promise in preclinical studies. The ongoing research is pivotal for understanding MSA's progression and optimizing treatment methods.

Alterity Therapeutics (ATHE) has initiated its Phase 2 clinical trial for ATH434 in the UK, targeting Multiple System Atrophy (MSA), a rare neurodegenerative disorder. This trial is a randomized, double-blind, placebo-controlled study intended to evaluate ATH434's effects on neuroimaging and protein biomarkers. With the first UK participant dosed, the trial aims to enroll approximately 60 adults over 12 months, focusing on efficacy and safety. ATH434 has shown preclinical promise and is acknowledged with Orphan designation by the U.S. FDA and European Commission for MSA treatment, indicating significant therapeutic potential for this debilitating condition.

Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) announced the dosing of the first participant in its Phase 2 clinical trial of ATH434 for Multiple System Atrophy (MSA) on March 16, 2023. This pivotal trial is being conducted at Vanderbilt University Medical Center and will involve approximately 60 adults. The study is designed to evaluate the effect of ATH434 on neuroimaging and biomarkers specific to MSA pathology, along with safety and efficacy measures. ATH434 aims to inhibit pathological protein aggregation and has shown promise in preclinical studies. The trial is critical for developing a potential treatment option for the 15,000 individuals living with MSA in the U.S.

Alterity Therapeutics (NASDAQ: ATHE) announced the granting of a key patent by the USPTO for over 100 novel compounds targeting neurodegenerative diseases, including Alzheimer’s. This patent provides 20 years of exclusivity for these compounds with an acyl hydrazone (AH) structure. Additionally, Alterity has entered a licensing agreement with Professor Colin Masters to further evaluate its patented compounds and its legacy asset, PBT2, in Alzheimer’s treatment. PBT2 has demonstrated efficacy in clinical trials and is currently the Company’s primary candidate for Alzheimer’s disease.

Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) announced the dosing of its first participant in Italy for a Phase 2 clinical trial of ATH434, targeting Multiple System Atrophy (MSA), a rare neurodegenerative disorder. This randomized, double-blind, placebo-controlled trial will assess ATH434's impact on neuroimaging, protein biomarkers, and clinical efficacy. The study, set to enroll 60 adults over 12 months, aims to optimize the design for a future Phase 3 study. ATH434 has demonstrated preclinical success in reducing α-synuclein pathology and has Orphan designation from the U.S. FDA and European Commission.

Alterity Therapeutics (NASDAQ: ATHE) has received regulatory approval to commence its Phase 2 clinical trial for ATH434, targeting Multiple System Atrophy (MSA) in Austria and France. This trial aims to assess the drug's impact on neuroimaging, protein biomarkers, and clinical endpoints over 12 months with approximately 60 participants. ATH434, an oral treatment designed to inhibit protein aggregation involved in neurodegeneration, has shown promising results in preclinical studies. With this approval, the company enhances its European presence, focusing on delivering access to this critical trial for patients suffering from MSA.

Alterity Therapeutics Limited (ASX: ATH, NASDAQ: ATHE) has expanded its Phase 2 clinical trial for ATH434, now recruiting in Australia, the United States, and Italy. The company presented significant bioMUSE data at two key industry conferences and secured a 20-year patent for over 100 compounds targeting neurological diseases like Parkinson's and Alzheimer's. As of December 31, 2022, Alterity reported a cash balance of A$25.3M with A$5.2M in operational cash outflows. The company aims to support early-stage MSA patients with promising therapeutic options.