Clinical Trial ResultsAlterity Therapeutics reported positive clinical results for its Phase 2 trial of ATH434 in Multiple System Atrophy, including 48% slowing of clinical progression at the 50 mg dose level.
Financial PositionThe balance sheet of Alterity Therapeutics has been strengthened, providing up to A$40M in additional funding which could extend the cash runway through CY26.
Market PotentialBased on the Phase 2 results, Alterity intends to engage the FDA to discuss next steps in the development of ATH434 in MSA, a disease with a small patient population but few treatment options.