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Regulatory Filings • Jan 16, 2023
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Corporate | 16 January 2023 07:00
Xlife Sciences portfolio company launches project to research a potential therapy for amyotrophic lateral sclerosis (ALS)
Xlife Sciences AG / Key word(s): Miscellaneous
Xlife Sciences portfolio company launches project to research a potential therapy for amyotrophic lateral sclerosis (ALS)
16.01.2023 / 07:00 CET/CEST
Xlife Sciences' (SIX: XLS) portfolio company inflamed pharma has launched a research project to develop a potential therapy for amyotrophic lateral sclerosis (ALS). This project is being conducted with the Department of Neurology at the University Medical Center Göttingen (Germany) in scientific cooperation with PD Dr. med. Jan C. Koch.
ALS is a chronically progressive, degenerative disease of the nervous system for which there are only symptomatic treatment options so far. ALS primarily damages the motor nerve cells, the so-called motor neurons, which can lead to progressive muscle atrophy in the arms and legs, speech and swallowing disorders as well as breathing problems in affected patients. According to current estimates [1] , about 400’000 people worldwide are affected by the disease, and about 100’000 people die from its consequences every year. ALS occurs most frequently between the ages of 50 and 70; men are affected slightly more often than women.
The research approach of inflamed pharma and the Department of Neurology at the University Medical Center Göttingen is to investigate inflamed pharma's procaine-based compound ProcCluster® in cell cultures simulating an amyotrophic lateral sclerosis disease. Among other things, ProcCluster® can block voltage-dependent sodium channels and thus has similar properties to Riluzole, the only drug approved to date for the treatment of ALS. Procaine has no significant side effects and no interactions with other drugs, as it is not broken down by the liver but by the ubiquitous pseudocholinesterase. [2]
Frank Plöger, Chief Scientific Officer of Xlife Sciences, comments: “We are looking forward to working with Jan Koch and his team. Together, we hope to lay the scientifically sound, preclinical foundation for a potential drug therapy for the treatment of ALS”.
PD Dr. med. Jan C. Koch from the Department of Neurology at the University Medical Center Göttingen adds: “ALS is an inexorably progressing and yet incurable disease that can cause great suffering. Together with inflamed pharma and Xlife Sciences, we are striving to be able to improve the lives of ALS patients and their relatives in the future”.
Financial calendar
Annual Report 2022 April 20, 2023
AGM 2023 June 20, 2023
Half-Year Report 2023 September 21, 2023
Contact
Information for journalists: IRF Reputation AG, Valentin Handschin, [email protected]
Information for investors: Xlife Sciences AG, Dennis Lennartz, [email protected]
[1] https://www.als-schweiz.ch/krankheitsbild
[2] Fischer et al., 2005; Fischer et al., 2010; Barop, 2017.
Xlife Sciences AG,
Talacker 35,
8001 Zurich,
Switzerland,
Phone +41 44 385 84 60
[email protected] , www.xlifesciences.ch ,
Commercial Register Zurich CHE-330.279.788
Stock Exchange: SIX Swiss Exchange
About Xlife Sciences AG (SIX: XLS)
Xlife Sciences is a Swiss company focused as incubator and accelerator on the value development and commercialization of promising research projects from universities and other research institutions in the life sciences sector, with the aim of providing solutions for high unmet medical needs and a better quality of life. The goal is to bridge research and development to healthcare markets. Xlife Sciences takes carefully selected projects in the four areas of technological platforms, biotechnology/ therapies, medical technology, and artificial intelligence/digital health to the next stage of development, and participates in their subsequent performance. For more information, visit www.xlifesciences.ch
Disclaimer
Some of the information contained in this media release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Xlife Sciences undertakes no obligation to publicly update or revise any forward-looking statements.
End of Media Release
| Language: | English |
| Company: | Xlife Sciences AG |
| Talacker 35 | |
| 8001 Zürich | |
| Switzerland | |
| Phone: | +41 44 385 84 60 |
| E-mail: | [email protected] |
| Internet: | www.xlifesciences.ch |
| ISIN: | CH0461929603 |
| Valor: | A2PK6Z |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1535273 |
| End of News | EQS News Service |