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Stock impact report

Asahi Kasei Pharma and Alchemedicine Advance a Novel Therapeutic Candidate Into Phase I Study for the Treatment of Refractory Diseases

ASAHI KAISEI CRP UNSP/ADR (AHKSY) 
NASDAQ:AMEX Investor Relations: asahi-kasei.co.jp/asahi/en/ir
Company Research Source: Business Wire
TOKYO--(BUSINESS WIRE)--Asahi Kasei Pharma, a global provider of healthcare and pharmaceutical solutions, in collaboration with Alchemedicine, has announced that its novel Endothelin A (ETA) receptor antagonist AK1960 has advanced to a Phase I clinical study following a successful preclinical phase. AK1960 is expected to be used in the treatment of various refractory diseases—medical conditions resistant to standard therapies. The initiation of a Phase I study is considered a significant step toward growing Asahi Kasei’s healthcare impact.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260218477883/en/Asahi Kasei's Tokyo HeadquartersAK1960 is a small molecule with a new core structure derived from Alchemedicine’s HiSAP™1 platform. It exhibits high selectivity, potent inhibition for the ETA receptor and has demonstrated efficacy in animal models for kidney diseases. AK1960 is expected to contribute to the treatment of var Show less Read more
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