Saturday, July 27, 2024
HomeBusinessRoche says Alzheimer's therapy gets U.S. breakthrough designation By Reuters

Roche says Alzheimer’s therapy gets U.S. breakthrough designation By Reuters

Date:

Related stories

Guide to Using Essential Oils for Skincare

Essential oils are famous for skincare. They come from...

Signage for businesses – Services and their benefits

Signage is a form of advertising that conveys the...

OPSC Recruitment 2024: Apply Online for Latest Vacancies

The Odisha Public Service Commission (OPSC) has announced its...

Why It’s Important for Teachers to Teach Social and Emotional Skills

Academic knowledge alone is not enough to prepare students...

How Religion Supports and Shields Children’s Mental Health

In the UK today, many parents and foster carers...

[ad_1]

2/2
© Reuters. FILE PHOTO: Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly

2/2

ZURICH (Reuters) -Roche said on Friday its gantenerumab antibody had received breakthrough therapy designation from the U.S. Food and Drug Administration for the treatment of Alzheimer’s disease.

Like many other drug prospects to treat this debilitating disease, gantenerumab is designed to neutralise beta-amyloid plaques seen as a driver behind brain cell death.

The Swiss pharmaceutical giant said the U.S. breakthrough designation was based on data showing that gantenerumab had significantly reduced brain amyloid plaque in ongoing trials.

Levi Garraway, chief medical officer and head of global product development at Roche, said the designation “reinforces our confidence in gantenerumab, which would be the first subcutaneous medicine for the treatment of Alzheimer’s disease with the potential for at-home administration.”

Analysts had said there could be an expedited filing for U.S. regulatory approval of gantenerumab, which could be a blockbuster if shown to work.

Pursuit of an Alzheimer’s remedy, which would inevitably reap drugmakers billions of dollars, has been marked by more than 100 failures, although researchers still hope to tame a condition that affects nearly 6 million Americans, more than 40 million people worldwide, and which is growing more prevalent.

Roche will complete a Phase III trial of the medicine in the second half of next year. In July, Chief Executive Severin Schwan said it was urgent to find a way to treat this unmet medical need and bring treatment to patients as soon as possible.

See also  Mexico needs to speed processes to help migrants, human rights commission says By Reuters
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



[ad_2]

Source link

Bellie Brown
Bellie Brownhttps://businesstimes.org
Hi my lovely readers, I am Bellie brown editor and writer of Businesstimes.org. I write blogs on various niches such as business, technology, lifestyle., health, entertainment, etc as well as manage the daily reports of the website. I am very addicted to my work which makes me keen on reading and writing on the very latest and trending topics. One can check my more writings by visiting Cleartips.net

Latest stories