Clinical TrialsAlterity 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 PerformanceAlterity announced it raised A$40M (~$24.8M in USD) through a two-tranche placement of its fully paid ordinary shares.
Regulatory ApprovalATH434 has orphan drug designation for MSA in both the US and EU, enhancing its potential marketability and regulatory support.