Alterity Therapeutics (ATHE) has released an update.
Alterity Therapeutics has presented promising new data on ATH434, its lead drug candidate for treating the rare neurodegenerative disease Friedreich’s Ataxia, demonstrating the drug’s unique ability to function as an iron chaperone, redistributing iron within the body. Unlike traditional iron chelators, ATH434 selectively targets the labile iron that contributes to the disease’s pathology, offering a novel approach to treatment. With positive preclinical results and ongoing Phase 2 clinical trials, ATH434 shows potential to alter the progression of neurodegenerative diseases, including Multiple System Atrophy.
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