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Stock impact report

Athira Pharma Announces Publication of Preclinical Data Highlighting Fosgonimeton Treatment in Models of Alzheimer's Disease [Yahoo! Finance]

Athira Pharma, Inc. (ATHA) 
Company Research Source: Yahoo! Finance
BOTHELL, Wash., April 11, 2024 (GLOBE NEWSWIRE) -- Athira Pharma, Inc. (NASDAQ: ATHA), a late clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration, today announced the publication of preclinical data supporting the therapeutic potential of fosgonimeton in Alzheimer's disease. The original research article, “ Fosgonimeton Attenuates Amyloid-Beta Toxicity in Preclinical Models of Alzheimer's Disease ,” authored by Reda, S., et al., was published in the peer-reviewed journal, Neurotherapeutics . Fosgonimeton is a potentially first-in-class, once daily, subcutaneously administered small molecule drug candidate designed to enhance the neurotrophic hepatocyte growth factor (HGF) system, and is in development for neurodegenerative disorders, including Alzheimer's disease. “These data continue to highlight the potential of fosgonimeton as a novel therapeutic approach for Alzheimer's disease targeting multiple f Show less Read more
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