- Alzamend Neuro Inc (NASDAQ: ALZN) has dosed its first healthy adult subject in its Phase 2A multiple ascending dose (MAD) study of AL001 in subjects with dementia related to Alzheimer's.
- This blinded, placebo-controlled trial (AL001-02) was initiated in May 2022 and is designed to evaluate the safety and tolerability of AL001 under multiple-dose, steady-state conditions and determine the maximum tolerated dose.
- Alzamend is also pursuing AL001 for bipolar disorder, major depressive disorder, and post-traumatic stress disorder.
- Related: Alzamend Neuro Seeks FDA Nod For Dementia Immunotherapy Study.
- Based upon a recommendation by the FDA after its review and commentary on Alzamend's pre-investigational new drug briefing package for the development of AL001, the ongoing clinical trial in Alzheimer's patients has been expanded.
- Alzamend will test AL001 in four healthy adult and elderly adult cohorts of eight subjects under MAD conditions.
- AL001 is a novel lithium-salicylate-L-proline engineered ionic cocrystal lithium delivery system.
- Price Action: ALZN shares are up 0.01% at $1.3801 on the last check Wednesday.
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