Report

ALZHEIMER’S DISEASE STATE OF PLAY WITH FOCUS ON SIMILARITIES BETWEEN MECHANISMS OF ACTION OF NE3107, XPRO, SIMUFILAM AND COYA 301/302

There are large unmet medical needs for the treatment of Alzheimer’s disease. The efficacy of treatments should improve, and combination therapies should be considered, whether or not they’re focused on the biology of aging. Additionally, side effects can be reduced, and further-advanced patient groups should be able to receive treatment as well. Over the past two years, four publicly listed companies have reported data that seem to indicate that the progression of Alzheimer’s disease can be stopped or reversed. This research report focused on their respective treatment candidates: BioVie’s NE3107, INmune Bio’s XPro, Cassava Sciences’ simufilam and Coya Therapeutics’s Coya 301. These companies share similar outspoken ambitions to stabilize or improve cognition in Alzheimer’s disease, and more than a few similarities between their mechanisms of action (MoA), onset and safety profile appear to exist. An analysis of the MoA rationale for the drug candidates from these different companies and an understanding of the value of biomarkers in AD may provide insights and validation of the new approaches, which we consider to have anti-inflammation and metabolic dysregulation as their common denominators.
Underlyings
Athira Pharma

Cassava Sciences

Cassava Sciences is a clinical-stage drug development company. The company focuses on developing new product candidates and to guide these through various regulatory and development pathways in preparation for their potential commercialization. The company's clinical-stage biopharmaceutical assets include: PTI-125, which is its product candidate for the treatment of Alzheimer's disease; and PTI-125Dx, which it is developing as a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company owns worldwide rights to PTI-125 and PTI-125Dx, without royalty obligations to any third party.

COYA THERAPEUTICS INC

INmune Bio

INmune Bio is an early stage pharmaceutical company focused on developing and commercializing its product candidates to treat diseases where the innate immune system is not functioning normally and contributing to the patient's disease. The company's proprietary is to focus on the innate immune system that include natural killer cells (NK cells), myeloid derived suppressor cells (MDSC cells) and dendritic cells. The company's existing drug platforms are: INKmune which primes NK cells and INB03 which down regulates MDSC cells.

Provider
Quantum Research Group
Quantum Research Group

Quantum Research Group, LLC is a New York City-based sponsored equity research and distribution company.

The company focuses on emerging growth public companies that are seeking detailed equity analysis and extensive distribution aimed at the investment community.

Our distribution partners include dozens of the leading financial platforms, including Thomson Reuters, Standard & Poor's Capital IQ, Bloomberg, Zacks, NASDAQ, Yahoo! Finance, and NYSE Connect.

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Analysts
Ari Zoldan

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