focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Proteome Sees "Excellent" Toxicity Test Results For Alzheimer's Drugs

Fri, 26th Sep 2014 07:03

LONDON (Alliance News) - Proteome Sciences PLC Friday announced "excellent" results from in vitro toxicity tests for its two lead compounds to treat Alzheimer's disease, which it hopes will attract pharmaceutical companies to partner with Proteome on the treatments.

Two external in vitro toxicity safety tests showed "no adverse data" for either the PS110 or PS278-05 compounds, Proteome said.

Additionally, the company completed its first study of its SysQuant technology in the central nervous system, which has shown that its CK1d compounds "successfully modified certain key pathways linked with amyloid processing, oxidative phosphorylation and energy production and these have reduced tau damage in our preferred in vivo mouse model."

Tau proteins can cause dementias of the nervous system like Alzheimer's disease when they become defective, and can no longer perform their function of stabilising microtubules property. Proteome's compounds work by modifying the tau pathway in patients with Alzheimer's, and Proteome said that tau as a target for treatment is "one of the key areas for governmental support."

The company said its aim was to achieve efficacy and early safety data to ensure its patent portfolio was strong. It is now ready to move to the next stage of marketing with its portfolio to progress the out-licensing programme, following on from presentations it made at the Alzheimer's Association International Conference in July.

Proteome is looking to partner with pharmaceutical companies on the compounds on the back of study results.

"This is an important milestone in the pre-clinical development of potent and selective inhibitors of a key protein involved in Alzheimer's disease progression," said Chief Operating Officer Ian Pike in a statement. "After receiving this clean set of toxicity results we believe our compounds are compelling candidates for out-licensing to established pharmaceutical companies."

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.

Related Shares

More News
16 May 2024 12:23

IN BRIEF: Proteome Sciences promises AGM return to growth in 2024

Proteome Sciences PLC - London-based protein-focused drug development services provider - Proteome tells annual general meeting on Thursday it is "con...

16 May 2024 10:41

AIM WINNERS & LOSERS: Proteome Sciences eyes return to growth in 2024

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

26 Apr 2024 11:18

Proteome wins GBP500,000 deal to supply mass spectrometry services

(Alliance News) - Proteome Sciences PLC on Friday said it won a contract from an unnamed US biopharmaceutical company to use Proteome's mass spectrome...

26 Apr 2024 10:40

AIM WINNERS & LOSERS: Proteome Sciences rises on GBP500,000 contract

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

26 Apr 2024 09:45

Proteome Sciences secures contract win with US biopharmaceutical firm

(Sharecast News) - Contract proteomics service Proteome Sciences has secured a contract win from a US biopharmaceutical company using the company's ma...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.