{"id":379056,"date":"2020-11-11T16:33:17","date_gmt":"2020-11-11T21:33:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379056"},"modified":"2020-11-11T16:33:17","modified_gmt":"2020-11-11T21:33:17","slug":"biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative\/","title":{"rendered":"Biohaven Pharmaceuticals Inaugural Partner Of National Ataxia Foundation&#8217;s Drug Development Collaborative"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211;  National Ataxia Foundation (NAF) Drug Development Collaborative to cultivate resources that facilitate research and development of new potential treatments for Ataxia, a set of severe and debilitating neurodegenerative diseases<\/h2>\n<h2 class=\"xn-hedline\">&#8211;  Biohaven Pharmaceuticals, the first industry sponsor of the Collaborative, is currently conducting a Phase 3 clinical trial of troriluzole for Spinocerebellar Ataxia (SCA)<\/h2>\n<h2 class=\"xn-hedline\">&#8211;  NAF is a membership-supported non-profit organization dedicated to providing programs and services for Ataxia families, supporting Ataxia research and the search for a cure<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW HAVEN, Conn.<\/span>, <span class=\"xn-chron\">Nov. 11, 2020<\/span> \/PRNewswire\/ &#8212; Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN), a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases including spinocerebellar ataxia, today announced its partnership with the National Ataxia Foundation (NAF) to help the nonprofit organization launch the NAF Drug Development Collaborative. As the first pharmaceutical industry member to commit support, Biohaven&#8217;s partnership will help NAF accelerate the development of new treatments for Ataxia. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1332381\/Biohaven_Pharmaceutical_NAF_vertical_w_tagline.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1332381\/Biohaven_Pharmaceutical_NAF_vertical_w_tagline.jpg\" title=\"\" alt=\"\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span class=\"xn-person\">Melissa Wolfe Beiner<\/span>, M.D., Director of Research and Development and Clinical Lead for the Ataxia program at Biohaven, commented, &#8220;Biohaven is extremely pleased to be the first industry partner to join this important consortium. We are deeply committed to the Ataxia community, as demonstrated by our longstanding partnership with NAF and leading neurologists in the ataxia field from around the world. Together with NAF and our industry peers, we will foster a collaborative environment in which scientists, physicians, and patient advocates can come together to advance novel treatments for people suffering from these debilitating neurodegenerative disorders.&#8221;<\/p>\n<p>With its launch officially announced on <span class=\"xn-chron\">November 5<\/span>, the NAF Drug Development Collaborative will assemble members of the pharmaceutical industry around the common goal of accelerating the development of new treatments for Ataxia, a group of progressive neurodegenerative diseases for which no specific treatment or cure is available.\u00a0 The industry consortium will apply its collective expertise to harness shared opportunities and tackle challenges of drug development through initiatives such as natural history and biosample data collection, development of biomarkers, validation of disease rating scales, refinement of clinical trial design, exploration of patient-reported outcomes and other data critical to the development and approval of safe and effective therapies. <\/p>\n<p>\n        <span class=\"xn-person\">Andrew Rosen<\/span>, NAF Executive Director, stated, &#8220;Biohaven has been a true partner to NAF throughout their therapy development process.\u00a0 They have been so willing to share insights with us, and in turn, we have done everything we can to provide communications channels to our members and help recruit patients for their clinical trials.\u00a0 As the first member of the NAF Drug Development Collaborative, Biohaven has once again shown their leadership in the Ataxia space.&#8221;<\/p>\n<p>Biohaven is currently enrolling participants in a Phase 3 clinical trial assessing the efficacy and safety of troriluzole in Spinocerebellar Ataxia at 21 sites across the United States.\u00a0 More information about Biohaven&#8217;s clinical trial in SCA patients can be found at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2978784-1&amp;h=2021925989&amp;u=https%3A%2F%2Fclinicaltrials.gov%2Fct2%2Fshow%2FNCT03701399%3Fterm%3DNCT03701399%26draw%3D2%26rank%3D1&amp;a=www.clinicaltrials.gov\" rel=\"nofollow noopener noreferrer\">www.clinicaltrials.gov<\/a> [NCT03701399] and at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2978784-1&amp;h=4020339895&amp;u=https%3A%2F%2Fwww.scatrial.org%2F&amp;a=https%3A%2F%2Fwww.scatrial.org%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.scatrial.org\/<\/a>.\u00a0 \u00a0<\/p>\n<p>\n        <b>About Spinocerebellar Ataxia (SCA)<\/b><br \/>\n        <br \/>Hereditary Spinocerebellar Ataxias are potentially fatal, rare and severely debilitating neurodegenerative disorders affecting the cerebellum. They are characterized clinically by progressive ataxia symptoms, including difficulties with balance, speech, and coordination, and are attributed to various autosomal dominant genetic mutations. There are currently no FDA-approved treatments and no cure for SCA.\u00a0 <\/p>\n<p>\n        <b>About Troriluzole<\/b><br \/>\n        <br \/>Troriluzole is a new chemical entity that modulates glutamate, the most abundant excitatory neurotransmitter in the human body. Troriluzole is thought to normalize synaptic glutamate levels, which are deregulated in a range of neurological and neuropsychiatric diseases. Troriluzole is believed to increase cycling of glutamate by increasing expression and function of excitatory amino acid transporters (i.e., EAAT2) located on glial cells and 2) decreasing presynaptic glutamate release.\u00a0More information about troriluzole can be found at the Biohaven&#8217;s website\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2978784-1&amp;h=4060005382&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2715402-1%26h%3D2536521412%26u%3Dhttps%253A%252F%252Fwww.biohavenpharma.com%252Fscience-pipeline%252Fglutamate%252Ftroriluzole%26a%3Dhttps%253A%252F%252Fwww.biohavenpharma.com%252Fscience-pipeline%252Fglutamate%252Ftroriluzole&amp;a=www.biohavenpharma.com%2Fscience-pipeline%2Fglutamate%2Ftroriluzole\" rel=\"nofollow noopener noreferrer\">www.biohavenpharma.com\/science-pipeline\/glutamate\/troriluzole<\/a>.<\/p>\n<p>\n        <b>About Biohaven<br \/><\/b>Biohaven is a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven&#8217;s neuroinnovation portfolio includes FDA-approved NURTEC\u2122 ODT (rimegepant) for the acute treatment of migraine and a broad pipeline of late-stage product candidates across three distinct mechanistic platforms: CGRP receptor antagonism for the acute and preventive treatment of migraine; glutamate modulation for spinocerebellar ataxia, obsessive-compulsive disorder and Alzheimer&#8217;s disease; and myeloperoxidase (MPO) inhibition for multiple system atrophy and amyotrophic lateral sclerosis. More information about Biohaven is available at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2978784-1&amp;h=2533524902&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2949036-1%26h%3D537915013%26u%3Dhttps%253A%252F%252Fwww.biohavenpharma.com%252F%26a%3Dwww.biohavenpharma.com&amp;a=www.biohavenpharma.com\" rel=\"nofollow noopener noreferrer\">www.biohavenpharma.com<\/a>.<\/p>\n<p>\n        <b>About the National Ataxia Foundation (NAF)<\/b><br \/>\n        <br \/>NAF is a nonprofit organization established in 1957 to help persons with Ataxia and their families. The Foundation&#8217;s primary purpose is to support Ataxia research, provide vital programs and services for Ataxia families, and help in the search for a cure.\u00a0 NAF is the only organization in <span class=\"xn-location\">the United States<\/span> dedicated to the disease that serves all types of Ataxia.\u00a0 NAF works closely with the world&#8217;s leading Ataxia researchers, promoting exchanges of ideas and innovation in Ataxia discovery.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b><br \/>\n        <br \/>This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of certain words, including &#8220;believe&#8221;, &#8220;continue&#8221;, &#8220;may&#8221;, &#8220;will&#8221; and similar expressions, are intended to identify forward-looking statements. These forward-looking statements involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of Biohaven&#8217;s management about troriluzole as a possible treatment for Spinocerebellar Ataxia, statements about expected study enrollments and completions, and expected future regulatory filings and approvals. Factors that could affect these forward-looking statements include those related to: Biohaven&#8217;s ability to effectively develop troriluzole, complying with applicable U.S. regulatory requirements, the expected timing, commencement and outcomes of Biohaven&#8217;s planned and ongoing clinical trials, the timing of planned interactions and filings with the FDA, the timing and outcome of expected regulatory filings, the potential commercialization of Biohaven&#8217;s product candidates, the potential for Biohaven&#8217;s product candidates to be first in class or best in class therapies and the effectiveness and safety of Biohaven&#8217;s product candidates. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by our forward-looking statements. Additional important factors to be considered in connection with forward-looking statements are described in the &#8220;Risk Factors&#8221; section of Biohaven&#8217;s Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2019<\/span>, filed with the Securities and Exchange Commission on <span class=\"xn-chron\">February 26, 2020<\/span>, and Biohaven&#8217;s Quarterly Report on Form 10-Q for the quarter ended <span class=\"xn-chron\">September 30, 2020<\/span>, filed with the Securities and Exchange Commission on <span class=\"xn-chron\">November 9, 2020<\/span>. The forward-looking statements are made as of this date and Biohaven does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p>\n        <b>Biohaven Contact<\/b><br \/>\n        <br \/>Dr. <span class=\"xn-person\">Vlad Coric<\/span><br \/>Chief Executive Officer<br \/><a href=\"mailto:Vlad.Coric@biohavenpharma.com\" rel=\"nofollow\">Vlad.Coric@biohavenpharma.com<\/a><\/p>\n<p>NURTEC is a trademark of Biohaven Pharmaceutical Ireland DAC.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1332382\/Biohaven_Pharmaceutical_Andrew_Rosen_Headshot_Infographic.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1332382\/Biohaven_Pharmaceutical_Andrew_Rosen_Headshot_Infographic.jpg\" title=\"Andrew Rosen, NAF Executive Director\" alt=\"Andrew Rosen, NAF Executive Director\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/413973\/Biohaven_Pharmaceutical_Holding_Company_Ltd_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/413973\/Biohaven_Pharmaceutical_Holding_Company_Ltd_Logo.jpg\" title=\"(PRNewsfoto\/Biohaven Pharmaceutical Holding)\" alt=\"(PRNewsfoto\/Biohaven Pharmaceutical Holding)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE88664&amp;sd=2020-11-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative-301171275.html\">http:\/\/www.prnewswire.com\/news-releases\/biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative-301171275.html<\/a><\/p>\n<p>SOURCE  Biohaven Pharmaceutical Holding Company Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE88664&amp;Transmission_Id=202011111630PR_NEWS_USPR_____NE88664&amp;DateId=20201111\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; National Ataxia Foundation (NAF) Drug Development Collaborative to cultivate resources that facilitate research and development of new potential treatments for Ataxia, a set of severe and debilitating neurodegenerative diseases &#8211; Biohaven Pharmaceuticals, the first industry sponsor of the Collaborative, is currently conducting a Phase 3 clinical trial of troriluzole for Spinocerebellar Ataxia (SCA) &#8211; NAF is a membership-supported non-profit organization dedicated to providing programs and services for Ataxia families, supporting Ataxia research and the search for a cure PR Newswire NEW HAVEN, Conn., Nov. 11, 2020 \/PRNewswire\/ &#8212; Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN), a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases including &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Biohaven Pharmaceuticals Inaugural Partner Of National Ataxia Foundation&#8217;s Drug Development Collaborative&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379056","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biohaven Pharmaceuticals Inaugural Partner Of National Ataxia Foundation&#039;s Drug Development Collaborative - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biohaven-pharmaceuticals-inaugural-partner-of-national-ataxia-foundations-drug-development-collaborative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biohaven Pharmaceuticals Inaugural Partner Of National Ataxia Foundation&#039;s Drug Development Collaborative - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; National Ataxia Foundation (NAF) Drug Development Collaborative to cultivate resources that facilitate research and development of new potential treatments for Ataxia, a set of severe and debilitating neurodegenerative diseases &#8211; Biohaven Pharmaceuticals, the first industry sponsor of the Collaborative, is currently conducting a Phase 3 clinical trial of troriluzole for Spinocerebellar Ataxia (SCA) &#8211; NAF is a membership-supported non-profit organization dedicated to providing programs and services for Ataxia families, supporting Ataxia research and the search for a cure PR Newswire NEW HAVEN, Conn., Nov. 11, 2020 \/PRNewswire\/ &#8212; Biohaven Pharmaceutical Holding Company Ltd. 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