Immunity Pharma News
3 articles
growth-positive
Immunity Pharma Announces Promising Interim Results of its Phase 1/2a Study with IPL344 in ALS
Immunity Pharma announced interim results from its Phase 1/2a clinical study with IPL344, a drug for the treatment of ALS. The results showed a potentially favorable impact on patients quality of life and slower disease progression rates. The drug demonstrated a favorable safety and tolerability profile. The study confirmed IPL344s ability to activate the pro-survival Akt pathway in ALS patients. Immunity Pharma plans to continue the collaboration with further development of the drug and is planning a placebo-controlled pivotal trial. IPL344 received orphan drug designation from the FDA and EMA.
Customers
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Immunity Pharma ALS drug in clinical trial
Biotechnology company Immunity Pharma has announced the beginning of its first clinical trial for a drug to treat Lou Gehrigs Disease. The drug has shown promise in halting the diseases progression for two years in a compassionate use patient. Immunity Pharmas drug utilizes mechanisms related to the inflammation of nerve cells, which the company believes is the cause of ALS. The company has raised $5 million in funding, including investments from a group of early investors in Mobileye, fund managers, and medical industry specialists.
Investment
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Israeli Pharma start-up developing new treatment for ALS
The article discusses the differences between Multiple Sclerosis (MS) and Amyotrophic Lateral Sclerosis (ALS) and the lack of treatment options for ALS, which is considered an orphan disease. However, Immunity Pharma, led by CEO Eran Ovadia, is developing a treatment for ALS based on research by Israeli scientist Irun Cohen. The treatment, which involves the IPL344 peptide, shows promise in slowing the progression of the disease and extending the survival of ALS patients. Immunity Pharma has conducted tests in mice and plans to begin a phase I study by the end of 2012. Ovadia believes that investing in Immunity Pharma could be a smart move for investors, as the odds of a drug reaching the market are better than those for a tech startup.
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