ANEW MEDICAL, INC. Announces Patents Issued in Major Asian Markets for use of Genetic Therapy in the Treatment of Alzheimer’s Disease and ALS
August 08 2024 - 4:00AM
ANEW MEDICAL, INC. (“ANEW” or “the Company”) (NASDAQ: WENA) a
US-based biotechnology company focused on developing cell- and
gene-based treatments to affect aging and age-related diseases,
announces the grant and issuance of patent number HK1259628
protecting the development of novel genetic approaches for the
treatment of neurodegenerative diseases to include Alzheimer’s
disease, Parkinson’s diseases and amyotrophic lateral sclerosis
(“ALS”).
The Company previously announced that it had
been granted this key patent in China (Patent No. CN 117126829A)
for the use of ANEW’s Klotho protein and Klotho gene delivery and
expression systems in the treatment of cognition, memory and
neurodegenerative diseases. This intellectual property was licensed
by ANEW from UNIVERSITAT AUTÒNOMA DE BARCELONA (UAB) and INSTITUCIÓ
CATALANA DE RECERCA I ESTUDIS AVANÇATS (ICREA) in Barcelona, Spain
on an exclusive worldwide basis.
Dr. Joseph Sinkule, the Founder and CEO of ANEW,
stated: “With intellectual property protection in Hong Kong,
Beijing, Shanghai, and throughout the Chinese market for our
innovative way of treating neurodegenerative diseases like
Alzheimer’s diseases (“AD”), identifying clinical trial sites and
corporate partners to evaluate the efficacy and safety of our
product candidates is very important to ANEW.”
Dr. Sinkule continued: “The patents, comprising
the secreted form of the human Klotho protein (“s-KL”) being
delivered as a protein or by delivery of a sequence of the human
gene that makes the protein in the body, are projected to be a
major advance in how we treat or prevent the progression of these
neurologic diseases. We are particularly excited about the
preclinical results and plan to begin human testing in late
2025.”
The aging population in China is affected by the
same age-related diseases we are fighting in the US and Europe.
According to a recent report, China has the highest number of
Alzheimer's patients in the world, with nearly 10 million people
aged 60 and older suffering from the disease. Additionally, Asia in
general is experiencing the fastest growth in the elderly
population is taking place. Japan is considered a “super-aging”
country, and the number of people with AD in Japan is expected to
reach approximately 6.5–7 million by 2025, very similar to the
prevalence of AD in the U.S. (approximately 7 million cases). AD
and AD-associated dementia are very common in Western Europe and
Finland, with North America following close behind. While AD is
least common in Sub-Saharan Africa, African-Americans in the U.S.
are about twice as likely to have Alzheimer's disease or other
forms of dementia as Caucasian and Hispanic Americans.
About ANEW MEDICAL, INC.:ANEW
MEDICAL, INC. (NASDAQ: WENA) is a biopharmaceutical company
specializes in the development of patented, novel disease-modifying
technologies targeting the brain and central nervous system (CNS)
that are seen as key developments in treating neurodegenerative and
age-related disorders. The Company obtained exclusive worldwide
rights to platform technologies and knowhow to develop cutting edge
protein, gene and cell therapies to treat age-related pathologies
such as Alzheimer’s and Parkinson’s Disease, ALS, multiple
sclerosis and rare neurodegenerative diseases. The company is
managed by a team of individuals and advisors who are highly
experienced in biopharmaceutical product development and
commercialization.
For more information, contact:Eric BoydInvestor
RelationsEmail: IR@anewmeds.com
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carefully consider the foregoing factors and the other risks and
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results to differ materially from those contained in the
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