Marvel Biosciences Corp (TSE:MRVL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Marvel Biosciences Corp. has announced encouraging interim findings for its drug candidate MB-204, showing its effectiveness in reducing Tau protein phosphorylation, which is linked to cognitive decline and various neurodegenerative diseases including Alzheimer’s. Conducted by Tau pathology expert Professor Emmanuel Planel, the study found that a low dose of MB-204 led to a significant reduction in Tau tangles in mice, a biomarker associated with disease progression and cognitive impairment. With the potential to address multiple neurological disorders, Marvel Biosciences is gearing up to begin clinical trials soon.
For further insights into TSE:MRVL stock, check out TipRanks’ Stock Analysis page.