{"id":528790,"date":"2021-08-17T08:03:30","date_gmt":"2021-08-17T12:03:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/"},"modified":"2021-08-17T08:03:30","modified_gmt":"2021-08-17T12:03:30","slug":"alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/","title":{"rendered":"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021"},"content":{"rendered":"

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Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021<\/b><\/p>\n

TAMPA, Fla.–(BUSINESS WIRE<\/a>)–Alzamend Neuro, Inc.<\/a> (Nasdaq: ALZN) (\u201cAlzamend<\/b>\u201d), an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, today announced that it contracted Altasciences to conduct a six-month Phase I relative bioavailability study for AL001<\/a> for dementia related to Alzheimer\u2019s disease in September 2021. The Phase I first-in-human study is for the purpose of determining potential clinically safe and appropriate dosing for AL001 in future studies. AL001 is a lithium-delivering ionic cocrystal under development as an oral treatment for patients with dementia related to mild, moderate, and severe cognitive impairment associated with Alzheimer\u2019s disease.\n<\/p>\n

\n\u201cWe are very excited about this partnership and have full confidence in Altasciences\u2019 ability to execute our Phase I clinical study,\u201d said Stephan Jackman<\/a>, Chief Executive Officer of Alzamend. \u201cWe believe AL001 could potentially provide clinicians with a major improvement over current lithium-based treatments and may constitute a means of treating Alzheimer\u2019s and other neurodegenerative diseases and psychiatric disorders. We look forward to providing more details on the timeline following the commencement of the Phase I clinical study for AL001.\u201d\n<\/p>\n

Overview of the Phase I Clinical Study<\/b><\/p>\n

\nThe Phase I study will investigate the pharmacokinetics (the movement of drug through the body) of lithium following single dose of AL001 (the \u201cstudy drug\u201d) compared to a typical single dose of a marketed 300 mg immediate-release lithium carbonate capsule (the \u201ccomparator\u201d – currently indicated to treat mood disorders) in healthy male and female subjects. The lithium and salicylate components of AL001 will be given within the amounts already approved for use in patients. The purpose of the research study is to test the safety, tolerability, and bioavailability (how much and when drug gets in the body) of the study drug, AL001, compared to the currently marketed formulation of the comparator, lithium carbonate.\n<\/p>\n

About AL001<\/b><\/p>\n

\nAL001 is a patented ionic cocrystal technology delivering lithium via a therapeutic crystal-engineered combination of lithium, proline and salicylate, known as AL001 or LiProSal, through two royalty-bearing exclusive worldwide licenses from the University of South Florida Research Foundation, Inc.\n<\/p>\n

\nBased on preclinical data, AL001 treatment prevents cognitive deficits, depression, and irritability in APPSWE\/PS1dE9 mice, and has shown an improvement of associative learning and memory and irritability compared with lithium carbonate treatments, supporting the potential of this lithium formulation for the treatment of Alzheimer\u2019s disease and psychiatric disorders. Lithium has been marketed for more than 35 years and human toxicology regarding lithium use has been well characterized, potentially allowing Alzamend to rely upon this existing data, potentially reducing the regulatory burden for safety data.\n<\/p>\n

About Alzamend Neuro<\/b><\/p>\n

\nWe are an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, including Alzheimer\u2019s disease. Our mission is to rapidly develop and market safe and effective treatments. Our current pipeline consists of two novel therapeutic drug candidates, AL001 – a patented ionic cocrystal technology delivering lithium via a therapeutic crystal-engineered combination of lithium, proline and salicylate, and AL002 \u2013 a patented therapeutic mutant-peptide sensitized cell-based therapeutic vaccine that is targeted to augment the ability of a patient\u2019s immune system to combat Alzheimer\u2019s disease. Both of our product candidates are licensed from the University of South Florida Research Foundation, Inc. pursuant to royalty-bearing exclusive worldwide licenses.\n<\/p>\n

About Altasciences<\/b><\/p>\n

Altasciences<\/a> is an integrated drug development solution company offering pharmaceutical and biotechnology companies a proven, flexible approach to preclinical and clinical pharmacology studies, including formulation, manufacturing, and analytical services. For over 25 years, Altasciences has been partnering with sponsors to help support educated, faster, and more complete early drug development decisions. Altasciences\u2019 integrated, full-service solutions include preclinical safety testing, clinical pharmacology and proof of concept, bioanalysis, program management, medical writing, biostatistics, clinical monitoring, and data management, all customizable to specific sponsor requirements. Altasciences helps sponsors get better drugs to the people who need them, faster.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as \u201cbelieves,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cpotential,\u201d or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and Alzamend undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect Alzamend\u2019s business and financial results are included in Alzamend\u2019s filings with the U.S. Securities and Exchange Commission. All filings are available at www.sec.gov<\/a> and on Alzamend\u2019s website at www.Alzamend.com<\/a>.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210817005396\/en\/<\/a><\/span><\/p>\n

\nEmail: Info@Alzamend.com<\/a> or call: 1-844-722-6333\n<\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> United States North America Florida<\/p>\n

INDUSTRY KEYWORDS:<\/b> Mental Health Health General Health Clinical Trials Research Science Pharmaceutical<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021 TAMPA, Fla.–(BUSINESS WIRE)–Alzamend Neuro, Inc. (Nasdaq: ALZN) (\u201cAlzamend\u201d), an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, today announced that it contracted Altasciences to conduct a six-month Phase I relative bioavailability study for AL001 for dementia related to Alzheimer\u2019s disease in September 2021. The Phase I first-in-human study is for the purpose of determining potential clinically safe and appropriate dosing for AL001 in future studies. AL001 is a lithium-delivering ionic cocrystal under development as an oral treatment for patients with dementia related to … <\/p>\n

Continue reading “Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021”<\/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-528790","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021 - 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\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021 TAMPA, Fla.–(BUSINESS WIRE)–Alzamend Neuro, Inc. (Nasdaq: ALZN) (\u201cAlzamend\u201d), an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, today announced that it contracted Altasciences to conduct a six-month Phase I relative bioavailability study for AL001 for dementia related to Alzheimer\u2019s disease in September 2021. The Phase I first-in-human study is for the purpose of determining potential clinically safe and appropriate dosing for AL001 in future studies. 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(Nasdaq: ALZN) (\u201cAlzamend\u201d), an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, today announced that it contracted Altasciences to conduct a six-month Phase I relative bioavailability study for AL001 for dementia related to Alzheimer\u2019s disease in September 2021. The Phase I first-in-human study is for the purpose of determining potential clinically safe and appropriate dosing for AL001 in future studies. AL001 is a lithium-delivering ionic cocrystal under development as an oral treatment for patients with dementia related to … Continue reading \"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-17T12:03:30+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210817005396r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021","datePublished":"2021-08-17T12:03:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/"},"wordCount":941,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210817005396r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/alzamend-neuro-announces-it-has-contracted-with-altasciences-to-conduct-a-phase-i-relative-bioavailability-study-for-al001-for-dementia-related-to-alzheimers-disease-in-september-2021\/","name":"Alzamend Neuro Announces It Has Contracted With Altasciences to Conduct a Phase I Relative Bioavailability Study for AL001 for Dementia Related to Alzheimer\u2019s Disease in September 2021 - 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