21 September – World Alzheimer’s DayDate: 2020-09-14
World Alzheimer's Day takes place on 21 September and is part of World Alzheimer's Month, raising awareness for this disease and how it impacts the daily lives of people affected by the condition and challenge the stigma that surrounds it.
It is estimated that Alzheimer’s disease and related dementias afflicts on the order of 50 million patients worldwide today with a new case being registered every 3 seconds. In the absence of disease-modifying treatments that can stop or slow down the disease, the number of cases is currently growing by nearly 10 million every year, expected to reach more than 130 million before 2050 which highlights the high unmet medical need for innovative drugs in the area. The cost to society of the disease is estimated to be approximately USD 1 trillion annually.
Alzinova’s vision is “to enable patients to live an independent and active life without any impact of Alzheimer’s disease, by developing novel disease-modifying treatments.”
The lead candidate, ALZ-101, is in late preclinical development, and ALZ-201 is in early preclinical development. A first-in-human study in patients with mild Alzheimer’s disease will start during the second quarter of 2021.
”We are proud of our research and in our commitment to delivering a therapy that has the potential to provide a clinically meaningful positive outcome in those afflicted by this terrible disease” says Kristina Torfgård, CEO.