Alzheon Inc. believes the reworked active ingredient of its in-licensed compound ALZ-801 can prove a success in treating a subset of Alzheimer's disease patients, and plans a NASDAQ listing to raise the funds for a Phase III clinical trial set to start later this year.
Alzheon IPO To Fund New Phase III Trialling Of Failed Alzheimer's Drug
Alzheon tells prospective investors it believes beta-amyloid blocker ALZ-801 can succeed in pivotal trials by treating APOE4 subgroup.
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A decision from the FDA is due by 28 September.