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Bullboard - Stock Discussion Forum Dundee Corp T.DC.A

Alternate Symbol(s):  DDEJF | T.DC.P.B | DNDEF | T.DC.P.D | DNDPF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate... see more

TSX:DC.A - Post Discussion

Dundee Corp > TauRx Article in The Scotsman
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Post by Catscratch on Jun 06, 2023 1:33pm

TauRx Article in The Scotsman

Here's a promissing sounding article from paper The Scotsman today...

https://www.scotsman.com/health/breakthrough-drug-developed-in-scotland-to-halt-progress-of-alzheimers-disease-on-verge-of-approval-4170483

Breakthrough drug developed in Scotland to halt progress of Alzheimer's disease on verge of approval It would be the first drug of its kind to be approved.

Dr Sonya Miller - TauRx
Published 6th Jun 2023, 04:55 BST

Researchers are hopeful of approval for a game-changing new drug being produced in Scotland which slows the progression of Alzhemier’s disease. TauRx, an Aberdeenshire-based life sciences company, is on the verge of producing a medicine that can halt the deterioration of brain function in Alzheimer's patients - giving hope to the millions of dementia sufferers worldwide and potentially creating the first preventative treatment for a deteriorating brain disease.

Dementia is one of the UK’s leading causes of death and Alzheimer’s disease is responsible for 50 per cent of these cases - it is also set to affect more than a million UK residents by the middle of this century as the population ages further.

Improved treatment and care pathways for those with the condition is a priority for every UK government, including Scotland, but the causes of the disease are still poorly understood. TauRx has now shared results from its late-stage clinical trial, LUCIDITY, providing evidence that its investigational drug leads to sustained cognitive improvement at an early, clinically detectable stage of Alzheimer’s – offering the prospect of improved brain function for patients. The company is now pursuing regulatory submissions in the UK, US and Canada to prepare for market availability.

Dr Sonya Miller, the head of medical affairs at TauRx, said the new medicine aims to extend patients’ lives and crucially, their quality of life. “It's been a 20 year process since the last medications were actually approved and they were symptomatic - they didn't attack the disease pathology itself, they just gave slight symptomatic relief,” said Dr Miller, referring to the class of drugs still used to treat Alzhemier’s symptoms today. “There is a coming raft of oral medicine, including ours, which are disease-modifying, and the minute you produce a tablet, you increase the reach of the drug.


“They’re easy to store, easy to administer and everyone understands the treatment. People feel comfortable with it.”
Disease modifying “means that you can actually tackle the underlying pathology”, added Dr Miller. “So the tau protein is one of the key pathologies of Alzheimer's disease. We stop the accumulation, the re-accumulation of this protein that causes problems. That’s the simple explanation. “So if you can disease modify, you can stop a disease progressing, so you retain someone at the level they're at and you stop that potential progression, or further loss of function.”

Professor Claude Wischik, co-founder and executive chairman of TauRx, together with colleagues at the University of Aberdeen, has devoted nearly 30 years to investigating the structure and role of ‘tau tangles’ in the development of Alzheimer’s, frontotemporal dementia (FTD) and other neurodegenerative diseases. These ‘tangles’ are abnormal proteins, called tau, which impair the brain function of Alzheimer’s sufferers, and Professor Wischik and the University of Aberdeen are the original discoverers of the composition of the tau protein pathology in Alzheimer’s. The experimental compound involved in clinical trials belongs to a class of drugs known as Tau Aggregation Inhibitors.


According to TauRx, “by undoing the tangles that cause dementia, we aim to slow and potentially stop memory loss”.
The ultimate aim, according to Dr Miller, is to one day be able to prevent Alzheimer’s from causing impairment.
“Our long term aim, once we have proven [our treatment] and got it out into the population, is to say, look, this works across everybody, that we can stop the progression, then you can look at introducing it at an earlier stage,” said Dr Miller. “So it becomes prophylactic. You can say to patients you won't ever reach this point [of disease progression]. You won't lose that function. “You do screening with diagnostic tests and blood biomarkers. That's the ultimate aim - that you stop people ever getting to the point of having impairment.”

Comment by pierrelebel on Jun 06, 2023 3:53pm
Nice PR piece. No meat. Just same old, same old. Genting (controls over 20% of TAU) is always the stock to watch with Tau.  Unfortunately, it keeps going down (from over RM5.10 in February to RM4.16 today, a drop of over 18% in four months.
Comment by Catscratch on Jun 07, 2023 12:13pm
Agreed but comforting to hear an update from TauRx leadership that they are "on the verge of approvals"...  The recent silence from TauRx on regulatory progress was starting to raise doubts in my mind.
Comment by TheCount11 on Jun 07, 2023 5:03pm
Has TauRx applied to the FDA NDA yet?
Comment by Macpoor on Jun 07, 2023 8:52pm
TauRx plans to submit HMTM for regulatory approval in the US and Canada in 2023, with other territories to follow, in line with its overall plans to commercialise HMTM and pursue clinical trials in other related neurodegenerative diseases.
Comment by TheCount11 on Jun 08, 2023 11:16am
Thanks!
Comment by Macpoor on Jun 08, 2023 5:40pm
TheCount11, We need to see steady income coming to Dundee , like before , while Dundee owned Dynamic Funds. That was a great investment.  Android Industries .  Dundee spent over $300 millions for UHIC and we have not seen any news  from UHIC since 2017 I know that no news is good news but 6 years has passed and not even an update on UHIC?
Comment by TheCount11 on Jun 09, 2023 9:07pm
Agreed we need to see steady income coming in.
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