Alzamend Neuro announced the completion of the clinical portion of its Phase IIA multiple ascending dose, MAD, study for dementia related to Alzheimer’s. The MAD study’s purpose was to evaluate the safety and tolerability of AL001 under multiple-dose, steady-state conditions and determine the maximum tolerated dose in patients diagnosed with mild to moderate Alzheimer’s and healthy subjects. "We strongly believe that AL001’s patented ionic cocrystal technology could potentially provide clinicians with a major improvement over current lithium-based treatments and may constitute a means of treating over 40 million American suffering from Alzheimer’s, bipolar disorder, MDD and PTSD," said Stephan Jackman, Chief Executive Officer of Alzamend. "We look forward to reporting topline data in June 2023 and further advancing clinical development of this promising potential therapeutic."
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