Investors Back Asceneuron To Rival Lilly In Alzheimer’s Oral Drug Class

The Switzerland-based company is ready to begin a Phase II study with a novel OGA inhibitor after raising $100m from a consortium of investors.

Tau Alzheimer's disease
Pathological phosphorylation of Tau proteins leads to disintegration of microtubuli in an axon and to aggregation of the tau proteins. • Source: Shutterstock

Asceneuron is looking to rival Eli Lilly and Biogen in a new class of oral drugs which block the build-up of toxic tau in Alzheimer’s disease, and has raised $100m to further its plans.

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