Hyderabad-based Suven Life Sciences (Suven) has started recruiting patients for the Phase 3 trial of this novel drug that could possibly slow cognitive decline.
The company's stock surged nearly 9 per cent during the day's trade on the BSE.
Alzheimer's is a progressive neurological, degenerative disorder that causes the brain to shrink and the brain cells to die. According to a 2021 Lancet study on the burden of neurological disorders in India's states, Alzheimer's has claimed 129,000 lives in the country in 2019. About 3.7 per cent, or 6.1 million, senior citizens suffer from dementia.
This number is expected to treble by 2050, warns Jasrita Dhir, head-marketing and communications, Antara Senior Living.
Suven said on Wednesday it has started randomisation of the first patient in the Phase 3 global clinical trial of its drug Masupirdine for the treatment of agitation in patients with dementia of the Alzheimer's type. Clinical trial randomisation is the process of assigning patients by chance to groups that receive different treatments.
It is a multi-centre, randomised, double-blind, placebo-controlled study planned across 50 cities in North America and Europe.
"The study will enrol approximately 375 patients who will be randomised in a 1:1:1 to receive.
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Jay Shah takes over as ICC chairman
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Nine states bet $18 bn on women's empowerment
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Pollution rises while funds gather dust
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Robust taxes ease burden of freebies on states
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Monetary policy: Hobson's choice before RBI
This policy comes at a time when growth is slowing, inflation is still pretty high, and the rupee has started losing value against the dollar
CONSOLATION PRIZES
UN climate summit in Baku leaves the developing world with crumbs
SFBs: The canter on a chequered terrain
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Now boarding
Governance premium is set to go up by many notches and banks will be put through the wringer, reports RAGHU MOHAN
