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ANEW MEDICAL, INC. - WENA STOCK NEWS

Welcome to our dedicated page for ANEW MEDICAL news (Ticker: WENA), a resource for investors and traders seeking the latest updates and insights on ANEW MEDICAL stock.

ANEW MEDICAL, INC. (Nasdaq: WENA) is a pioneering biopharmaceutical company focused on the development of transformative therapies aimed at alleviating and potentially reversing the progression of neurodegenerative diseases. The company leverages cutting-edge cell and gene therapy techniques to address conditions such as Amyotrophic Lateral Sclerosis (ALS), Alzheimer's Disease (AD), and Parkinson's Disease (PD).

Recently, ANEW MEDICAL announced a strategic partnership with renowned researchers from the Okinawa Research Center for Longevity Science (ORCLS) in Japan. This collaboration focuses on advancing ANEW's patented Klotho gene therapy, which has shown promising results in enhancing longevity and reducing age-related diseases. Preliminary data indicates that the alpha-Klotho gene may contribute to longevity and provide protection against neurodegenerative disorders.

ANEW MEDICAL's mission is to deliver innovative protein, cell, and gene therapies to address high unmet medical needs, particularly in the field of neurodegenerative and age-related disorders. The company holds a substantial portfolio of novel intellectual property and is actively advancing its clinical development efforts.

Dr. Joseph Sinkule, Chairman and CEO of ANEW MEDICAL, has highlighted the potential of the Klotho gene in treating neurological conditions, noting that higher blood levels of Klotho correlate with increased longevity, while lower levels are associated with premature aging and susceptibility to neurological disorders. The company's secreted form of the Klotho protein (s-KL) is expected to play a crucial role in developing effective treatments for these conditions.

The research partnership with ORCLS aims to assess blood levels of the Klotho protein to establish its role in promoting longevity and reducing the risks of neurodegenerative diseases, as well as other age-related disorders such as diabetes and cardiovascular diseases. This collaboration is part of ANEW's broader research program focused on the extended life expectancy observed in Okinawa, Japan, a region known for a high concentration of centenarians who maintain good health.

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ANEW MEDICAL, INC. (NASDAQ: WENA) has announced a strategic rebranding to Klotho Neurosciences, Inc. (NASDAQ: KLTO), reflecting its focus on neurodegenerative therapies and healthy longevity. The company's core investments will be directed towards its patented Klotho gene technology assets in the neurosciences sector. Klotho Neurosciences will pursue two major market segments:

1. Development of innovative prescription drugs for neurodegenerative diseases, with a focus on ALS, Alzheimer's, and Parkinson's using their proprietary s-KL gene therapy platform.

2. Research on healthy longevity using patented s-KL, collaborating with the Okinawa Research Center for Longevity Science to study Centenarians and validate clinical assays for early intervention in neurologic pathologies.

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ANEW MEDICAL, INC. (NASDAQ: WENA) has announced two key goals for its cell and gene therapy development: enhancing healthy longevity potential and developing treatments for age-related and neurodegenerative diseases. The company has secured exclusive worldwide rights and patents for the secreted form of Klotho (s-KL), often called 'the anti-aging gene'. ANEW's hypothesis suggests that maintaining high Klotho levels leads to a long, healthy life, while depleted levels may cause neurodegenerative diseases.

ANEW plans to study blood samples from Okinawa centenarians, comparing them to a cohort with age-related disorders. The company has partnered with the Okinawa Centenarian Research Center for Longevity, including renowned scientists as advisors. ANEW aims to enter clinical trials soon and leverage its recent Nasdaq listing to expedite development of Klotho-based therapies.

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ANEW MEDICAL, INC. (NASDAQ: WENA), a leading U.S. biotechnology company, has successfully converted its convertible promissory notes, eliminating over $4 million in long-term debt. This strategic move significantly strengthens ANEW's balance sheet and increases stockholder equity, positioning the company for future growth and investment opportunities. The debt conversion also eliminates $600,000 in annual interest payments.

The average conversion price was approximately $1.08 per share, reflecting investors' long-term commitment to the company. Jeffrey LeBlanc, ANEW's Chief Financial Officer, stated that this debt conversion demonstrates strong investor confidence in ANEW's growth potential and strategic direction. The newly achieved debt-free status provides ANEW with increased financial flexibility to invest more aggressively in its cutting-edge research and development of cell and gene-based treatments for aging and age-related diseases.

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ANEW MEDICAL, INC. (Nasdaq: WENA) has signed an exclusive worldwide license agreement with Transfertech Sherbrooke (TTS) for Nanoject, a needle-free, freeze-dried nanopowder autoinjector for medicines and vaccines. This patented technology uses a miniature shock tube to deliver nano-sized or micron-sized particles of medicine at high speed into the skin. The company aims to offer both single-use disposable and reusable multi-dose devices.

ANEW's CEO, Dr. Joseph Sinkule, sees this as an opportunity to generate near-term revenue while advancing their early-stage human Klotho gene therapy program. The technology offers advantages such as improved storage at room temperatures, better long-term stability, and novel programmed time-released formulations. ANEW plans to focus on key therapeutic areas including pain, fertility medicines, growth hormones, erectile dysfunction, and vaccines.

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ANEW MEDICAL (NASDAQ: WENA), a U.S. biotechnology company focused on cell and gene-based treatments for aging and age-related diseases, has appointed Jeffrey LeBlanc as its new Chief Financial Officer (CFO). LeBlanc replaces interim CFO Edward Cong Wang, who was previously the CFO of Redwoods Acquisition Corp, with which ANEW merged.

Dr. Joseph Sinkule, ANEW's Founder, Chairman, and CEO, praised LeBlanc's appointment, highlighting his over 20 years of experience in managing financial operations, launching new ventures, and achieving successful exits. LeBlanc's background includes investment roles at Greenlight Capital and GE Capital, as well as a stint at McKinsey and Co. He holds a BS in Chemical Engineering from MIT and an MBA from Harvard Business School.

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ANEW MEDICAL, INC. (NASDAQ: WENA) has been granted U.S. Patent No. 12,036,268 for its secreted RNA splice variant of the human Klotho gene, known as 's-KL'. This patent strengthens ANEW's intellectual property protection for developing treatments for neurodegenerative and age-related diseases. The Klotho gene, often called the 'anti-aging' gene, controls various brain and neurologic functions.

ANEW has exclusive worldwide rights to develop and commercialize novel genetic approaches for treating conditions like Alzheimer's, ALS, and Parkinson's disease. The company's IP portfolio is licensed from Universitat Autònoma de Barcelona and Institució Catalana De Recerca Estudis Avançats. This U.S. patent complements existing patents in Europe, China, and other Asian markets, solidifying ANEW's global IP position.

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ANEW MEDICAL, INC. (NASDAQ: WENA) has announced plans to develop therapeutics using novel proprietary peptides that selectively bind and activate melanocortin receptors on neuronal cells in the brain to treat weight loss and eating disorders. This approach is based on a worldwide licensing agreement with Teleost Biopharmaceuticals and the University of Arizona.

The company aims to target obesity and cachexia through orally administered peptide formulations, potentially offering a more affordable alternative to injectable semaglutide-based medications. Animal studies have shown promising results in weight loss and improved energy levels. This program aligns with ANEW's existing neuroscience initiatives and leverages the critical role of the central melanocortin system in regulating body weight.

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ANEW MEDICAL, INC. (NASDAQ: WENA) has announced the issuance of patents in major Asian markets for its genetic therapy approach to treating Alzheimer's disease and ALS. The company has secured patent number HK1259628 in Hong Kong and patent number CN 117126829A in mainland China, protecting its novel secreted Klotho protein and gene delivery system.

These patents cover the development of genetic approaches for treating neurodegenerative diseases, including Alzheimer's, Parkinson's, and ALS. The intellectual property was exclusively licensed worldwide from UNIVERSITAT AUTÒNOMA DE BARCELONA and INSTITUCIÓ CATALANA DE RECERCA I ESTUDIS AVANÇATS.

ANEW plans to begin human testing of its innovative treatment in late 2025. The company's CEO, Dr. Joseph Sinkule, emphasized the importance of these patents in identifying clinical trial sites and corporate partners in the Chinese market.

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ANEW MEDICAL (NASDAQ: WENA) has announced plans to advance its patented Klotho gene therapy program aimed at treating neurodegenerative disorders such as ALS, Alzheimer’s, and Parkinson’s Disease. The company recently received patents in Europe, China, and Hong Kong, with patents pending in the U.S. and Canada. Initial data suggests elevated Klotho levels contribute to longer, healthier lifespans, while depleted levels increase susceptibility to these diseases. ANEW's strategy includes FDA clinical trials for CNS therapeutic delivery, development of Klotho diagnostics, and exploring gene therapies for age-related longevity. Collaborating with the Okinawa Research Center for Longevity Science, ANEW aims to leverage Klotho's role in longevity. Dr. Joseph Sinkule and Dr. Shalom Hirshman emphasize the potential of ANEW's platform technology to improve health and extend life expectancy.

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ANEW MEDICAL has announced a strategic partnership with Japan’s Okinawa Research Center for Longevity Science (ORCLS) to advance the research and development of its patented Klotho gene therapy. The collaboration aims to enhance longevity and reduce age-related diseases, focusing particularly on neurodegenerative disorders such as ALS, Alzheimer's, and Parkinson's diseases. Preliminary data suggests that the alpha-Klotho version of the human Klotho gene may contribute to longevity and neuroprotection. ANEW MEDICAL holds a portfolio of novel intellectual property and is in the advanced stages of clinical development. The company is optimistic about the potential of Klotho gene therapy to address significant unmet medical needs in age-related and neurodegenerative disorders.

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FAQ

What is the current stock price of ANEW MEDICAL (WENA)?

The current stock price of ANEW MEDICAL (WENA) is $0.726 as of September 16, 2024.

What is the market cap of ANEW MEDICAL (WENA)?

The market cap of ANEW MEDICAL (WENA) is approximately 15.4M.

What does ANEW MEDICAL, INC. specialize in?

ANEW MEDICAL specializes in the development of cell and gene therapies to treat neurodegenerative diseases and age-related disorders.

What recent partnership has ANEW MEDICAL announced?

ANEW MEDICAL announced a strategic partnership with the Okinawa Research Center for Longevity Science (ORCLS) to advance Klotho gene therapy.

What is the significance of the Klotho gene therapy?

Klotho gene therapy aims to enhance longevity and provide protection against neurodegenerative diseases such as ALS, AD, and PD.

Who are the key researchers involved in the partnership?

Key researchers include Drs. Makoto Suzuki, Craig and Bradley Willcox, Richard Allsopp, and Michio Shimabukuro of ORCLS.

What is the mission of ANEW MEDICAL?

ANEW MEDICAL's mission is to deliver transformative protein, cell, and gene therapies targeting high unmet medical needs in neurodegenerative and age-related disorders.

What are the potential benefits of the Klotho protein?

Higher blood levels of the Klotho protein are associated with increased longevity and reduced risks of developing neurodegenerative and age-related diseases.

What disorders is ANEW MEDICAL targeting with its therapies?

ANEW MEDICAL targets neurodegenerative disorders such as ALS, AD, and PD, as well as age-related conditions like sarcopenia, osteoporosis, diabetes, and cardiovascular diseases.

What is the research focus of the Okinawa Research Center for Longevity Science?

ORCLS focuses on human aging and longevity, studying centenarians and identifying longevity genes to promote healthy aging.

How does the partnership with ORCLS benefit ANEW MEDICAL?

The partnership provides groundbreaking evidence on Klotho levels and their critical role in maintaining healthspan and preventing neurological and age-related disorders.

Where can I find more information about ANEW MEDICAL?

For more information, visit ANEW MEDICAL's website at www.anewmeds.com or contact their Investor Relations team via email at ir@anewmeds.com.

ANEW MEDICAL, INC.

Nasdaq:WENA

WENA Rankings

WENA Stock Data

15.44M
21.26M
1.2%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
NEW YORK