- May 31, 2018
- Posted by: PharmaScroll
- Category:
Alkahest, Inc., a clinical-stage biotechnology company focused on developing innovative therapies to treat age-related diseases, announced that it has been awarded a grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) entitled “Development of ALK4290 as a novel PD therapeutic” under the Principal Investigator S. Sakura Minami, Ph.D.
“Parkinson’s disease is a condition with significant impact on patients whose needs are still unmet. We are excited about the prospects of evaluating ALK4290 as a novel therapeutic in this indication and continuing our commitment to developing innovative treatments for age-related disorders,” said Steven Braithwaite, Alkahest’s Chief Scientific Officer.
This project will focus on the mechanisms underlying immune cell involvement in Parkinson’s disease, providing further support for the link between neuroinflammation and disease progression. ALK4290 is a novel, orally-available, small molecule that has been well-tolerated in previous clinical studies and is concurrently being studied in Phase 2 trials in wet age-related macular degeneration (wAMD). Alkahest acquired ALK4290 from Boehringer-Ingelheim and has exclusive rights for development and commercialization worldwide.
“Our Foundation funds novel approaches to slow or stop Parkinson’s progression, the greatest unmet need for the millions living with this disease,” said Liliana Menalled, Ph.D., MJFF Senior Associate Director of Research Programs. “The ALK4290 molecule shows strong data to support additional evaluation as a potential Parkinson’s therapy, and we look forward to seeing the results of Alkahest’s experiments.”
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News Source: Alkahest Website
Image Source: https://www.onecallmedicalalert.com/blog/2015/04/parkinson-awareness/