Clinical ResultsAlterity Therapeutics reported positive clinical results for its Phase 2 trial of ATH434 in Multiple System Atrophy, including 48% slowing of clinical progression at the 50 mg dose level.
Financial PerformanceAlterity announced it raised A$40M (~$24.8M in USD) through a two-tranche placement of its fully paid ordinary shares.
Regulatory EngagementBased on the Phase 2 results, Alterity intends to engage the FDA to discuss next steps in the development of ATH434 in MSA, a disease with a small patient population but few treatment options.