Biotech

Alterity launches phase 2 trial for rare brain-related disorders

Thu 02 Jun 22, 4:47pm (AEST)
Hospital - In the Hospital Sick Male Patient Sleeps on the Bed. Heart Rate Monitor Equipment is on His Finger.
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Key Points

  • Alterity Therapeutics to trial treatment for Multiple System Atrophy, a rare and high-impact neurological disease
  • Rare prevalence in community (less than 1,000 cases a year) offset by lack of existing cure and lack of life-extending therapies
  • Illness ultimately shuts down the brain’s command centres regulating breathing, blood flow, motor function

Alterity Therapeutics (ASX:ATH), an Australian biotech company targeting neurodegenerative disease (and also listed on the NASDAQ) has today announced its commencement of phase 2 trials for its ATH434 treatment targeting Multiple System Atrophy (MSA) in New Zealand. 

What is Multiple System Atrophy?

MSA is a neurodegenerative condition that rapidly affects the brain's ability to regulate the body’s staple processes, including breathing, bloodflow and bladder control.

It also impacts cognitive ability, creating symptoms observed in dementia and Parkinson’s disease. NZ patient enrollment is now underway. 

ATH434 is an exploratory product designed to inhibit the body’s production of Alpha-synuclein, a naturally occurring protein in the human body that accumulates to toxic thresholds in MSA patients. 

The company notes overproduction of α-synuclein is a “hallmark” of MSA diagnosis, as is excess iron in the bloodstream. 

(Source: Alterity) An overview of the Alpha Synuclein protein which ATH434 intends to inhibit
(Source: Alterity) An overview of the Alpha Synuclein protein which ATH434 intends to inhibit

Phase 2 trial specifics 

Alterity will launch a randomised and placebo-controlled trial using ATH434 in patients presenting with early-stage MSA. 

The study is to explore the way ATH434 impacts the regular progression of MSA through the brain, and, changes to protein biomarkers. 

Patients will wear sensors at certain part of the trial and the results of the twelve month study will ultimately provide baseline efficacy, safety, and pharmacokinetic data for the company’s product moving forwards into the second half of the 2023 calendar year. 

The company is targeting sixty adult patients to receive ATH434, or, a placebo. 

If successful, ATH434 will be big news 

Currently, there is no known cure for MSA. 

In addition to the lack of a cure, there is no widely agreed upon treatment or therapy for which medical consensus agrees on to improve patient quality of life or extend life expectancy. 

Existing treatments largely depend on the use of muscle relaxants and disability products.  

MSA affects less than 1,000 people a year in Australia and is thought to impact the lives of some 15,000 people in the US. Medical advocacy players in NZ predict some 4 in 100,000 people are afflicted with MSA in the country.

The shape of Alterity's three month charts
The shape of Alterity's three month charts

 

Written By

Jonathon Davidson

Finance Writer

Jonathon is a journalism graduate and avid market watcher with exposure to governance, NGO and mining environments. He was most recently hired as an oil and gas specialist for a trade publication. Email Jon at [email protected].

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