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Petrolympic Ltd V.PCQ

Alternate Symbol(s):  PCQRF

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.


TSXV:PCQ - Post by User

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Post by TheWinner1on Jul 30, 2008 1:14pm
859 Views
Post# 15343839

OT NPC - I think I found "'a real big one"

OT NPC - I think I found "'a real big one"

DO YOU SEE the striking similarities between NPG and the news below that is all over the media worldwide today. The other co, TauRX, is private, and can't be bought in public ggThe co, TauRX, is private and can't be bought.

NPC however can, and they are targeting the tangles too. This is HUGE for NPC, when people make the connections, this stock will literally explode. This is a huge, multi-billion market.

First, NPG's news from today:

"Allon Therapeutics AL-108 Human Efficacy Data Presented to Two ICAD 2008 Scientific Workshops
Wednesday July 30, 8:45 am ET

CHICAGO, ILLINOIS--(Marketwire - July 30, 2008) - Allon Therapeutics Inc. (TSX:NPC - News) -

Clinical trial data presented today to two scientific workshops at the International Conference on Alzheimer's Disease and Related Disorders (ICAD 2008) validate the therapeutic potential of addressing the "tangles" component of the classic Alzheimer's "plaques and tangles" pathology.


The data from a clinical trial evaluating drug candidate AL-108 in 144 patients with amnestic mild cognitive impairment (aMCI), a precursor to Alzheimer's disease, demonstrated that specific memory function improved in patients who were given AL-108 over 12 weeks.

The clinical data was presented in an oral session by Professor Illana Gozes of Tel Aviv University, discoverer of AL-108 and Chief Scientific Officer of Allon Therapeutics Inc., and in a poster session by Dr. Donald E. Schmechel, a Duke University geriatrics professor, who was the principal investigator of the clinical trial. Prof. Gozes presented to a workshop reviewing alternative Alzheimer's therapies and Dr. Schmechel's poster was selected for ICAD's Hot Topics session.

Prof. Gozes and Dr. Schmechel said the clinical trial data support the results of several studies in animals that show AL-108 reduced the classic Alzheimer's "tangles" pathology and also increased memory function.

Dr. Schmechel's presentation said the trial in aMCI patients demonstrated statistically significant, dose-dependent and durable improvements on key endpoints that measure short-term recall and working memory - two types of memory that are clinically relevant in Alzheimer's disease. In this trial AL-108 was safe and well tolerated by patients. The most commonly reported side effects in subjects treated with AL-108 were headache and nasal congestion or irritation.

"Successfully impacting these specific memory domains indicates AL-108 is active in the regions of the brain responsible for their function - primarily the medial temporal lobe, hippocampus and prefrontal cortex," Dr. Schmechel said.

"This positive aMCI clinical trial data makes AL-108 the first drug to validate in humans the potential of the 'tangle' pathway in memory disorders present in Alzheimer's disease."

AL-108 is being developed by Allon Therapeutics (TSX:NPC - News), a Canadian biotechnology company located in Vancouver. The drug was discovered by Prof. Gozes of the Sackler Faculty of Medicine at Tel Aviv University. Collaborative research led by Prof. Gozes has been supported by Tel Aviv University and the U.S. National Institutes of Health.

Supporting animal data:

AL-108 halts and reserves 'tangles'

Animal data presented today at ICAD by Prof. Gozes and Dr. Matsuoka demonstrate that AL-108 halts and reverses the formation of "tangles". AL-108 is derived from an eight amino acid peptide (NAPVSIPQ: "NAP") synthesized from a naturally occurring neuroprotective brain protein known as activity dependent neuroprotective protein (ADNP).

Neurofibrillary tangles are the result of degeneration of microtubules, key components of the communication and transport pathways inside brain cells. Tangles occur when tau protein, which normally acts to hold microtubules together, converts from a soluble to an insoluble form, a process known as hyperphosphorylation.

During her oral presentation, Prof. Gozes told the ICAD session that the latest animal studies show that treatment with AL-108 reverses the degeneration of microtubules and increases their density by increasing the levels of soluble tau.

"These results suggest molecular and cellular specificity for NAP effects on microtubules. NAP interaction with microtubules is translated in vivo to decreased tau pathology, increased neuroprotection and enhanced cognitive function," said Prof. Gozes.

Dr. Matsuoka's poster presentation reported on a study he conducted on triple transgenic mice, bred to develop beta-amyloid plaques and neurofibrillary tangles and to exhibit behavioural deficits associated with AD.

Dr. Matsuoka's study demonstrated that AL-108 treatment of triple transgenic mice causes a significant improvement in the performance of tasks involving spatial learning and memory as well as a statistically significant 70% decrease in the level of tau phosphorylation and a 20% reduction in beta amyloid plaques.

About the aMCI human trial

The Phase IIa trial was a double-blind, randomized, placebo-controlled, multiple-dose study to evaluate the safety, tolerability and effect on cognitive function of AL-108 after 12 weeks of intranasal administration in patients with aMCI. Clinically, patients with aMCI demonstrate memory impairment with otherwise normal cognition.

Several aspects of cognitive function were evaluated. The trial was conducted at 17 sites in the United States in 144 patients aged 55 to 85 years and evenly divided between genders.

Trial results

Cognitive function was measured in the aMCI patients by tests that are widely-used and validated in clinical trials evaluating patients with mild cognitive impairment and Alzheimer's disease.

Prior to receiving drug or placebo, the cognitive function of each patient was measured with these tests. These results became the baseline for each patient's performance during the trial.

Patients were treated for 12 weeks and tested at weeks four, eight, 12 and 16. Each patient's test results were compared with his or her baseline performance and to other treatment groups.

A significant, dose-dependent and durable improvement was seen in two tests that measure short-term recall and working memory - delayed-match-to-sample and digit span. The high dose (15 mg twice daily) group showed a 62.4% improvement from baseline (p equals 0.038, versus placebo) in the delayed-match-to-sample 12-second delay test by the end of the trial. Similarly, the high dose group showed a 17.2% increase from baseline (p equals 0.028, versus placebo) in the digit span forward test.

The primary end-point for the trial was a composite of several cognitive tests (composite cognitive memory score, or CCMS) that measured memory and executive function. Patients treated with AL-108 showed statistically significant improvement on tests that measured short-term recall and working memory, but no improvement on tests that involved executive functions, such as planning, cognitive flexibility and abstract thinking.

This divergence in results explains why the composite primary endpoint was trending toward, but did not achieve, statistical significance.

This data suggests that patients with aMCI have significant memory impairment but no significant impairment of executive function. Thus, AL-108 appears to have an impact on regions of the brain that are impaired in aMCI such as those that are known to control memory (medial temporal lobe, hippocampus and prefrontal cortex). However, no measurable effect of AL-108 on executive function was seen in this population since they were not impaired on tests that involve executive function such as Paired Associates Learning, Spatial Working Memory and One-Touch Stockings of Cambridge.

AL-108 was safe and well tolerated in this study. Overall, the incidence of adverse events between the placebo group and the AL-108 group was similar with most adverse events being mild to moderate. Headache (13%), nasopharyngitis (8%), and nasal discomfort (4%) were the most common adverse events reported in subjects receiving AL-108 and were more frequent in subjects receiving AL-108 than those receiving placebo.

The rates of discontinuations for adverse events were low and similar between the placebo and AL-108 groups.

About aMCI and Alzheimer's Hallmarks

There is increasing evidence that some forms of cognitive impairment are precursors to Alzheimer's disease. Amnestic mild cognitive impairment (aMCI) is a subset of MCI in which only the memory components of an individual's function are affected.

Scientists agree that the brains of Alzheimer's patients are characterized by two classic hallmarks of the disease: amyloid beta plaque accumulation outside neurons and neurofibrillary tangles inside neurons. No drug on the market today has any impact on these plaques and tangles.

Scientific studies have shown that the pathology of aMCI and Alzheimer's is similar. For example, amyloid beta plaques and neurofibrillary tangles occur in both. Allon's extensive animal data show that AL-108 dramatically reduces neurofibrillary tangles, reduces plaques, and that treated animals have significantly improved cognition. AL-108 is the first drug in development to have shown reduction of both neurofibrillary tangles and amyloid beta plaques in animals.

About ICAD 2008

The International Conference on Alzheimer's Disease and Related Disorders (ICAD 2008) is being held in Chicago July 26-30. ICAD 2008 is organized by the Alzheimer's Association, the leading U.S. voluntary health organization in Alzheimer's care, support and research. The conference is bringing together more than 5,000 researchers, physicians and care providers from 60 countries - the largest group of international leaders in Alzheimer research and care ever convened.

About Allon's neuroprotective platforms

Allon's two neuroprotective technology platforms are based on two naturally occurring proteins secreted by the brain in response to a range of insults. The platforms are activity-dependent neuroprotective protein (ADNP) and activity-dependent neurotrophic factor (ADNF). Because the two platforms are based on different proteins, the drugs from each are different molecules with different therapeutic mechanisms and distinct commercial opportunities. Clinical-stage drugs AL-108 and AL-208 are derived from ADNP, while preclinical stage drug AL-309 is derived from ADNF.

About Allon

Allon Therapeutics Inc. is a clinical-stage biotechnology company developing treatments for major neurodegenerative conditions. In Q1 2008, Allon's drug AL-108 demonstrated human efficacy in amnestic mild cognitive impairment, a precursor to Alzheimer's disease. Allon has Phase II human efficacy programs pursuing three large underserved markets: Alzheimer's disease, stroke and schizophrenia-related cognitive impairment. The Company is listed on the Toronto Stock Exchange under the trading symbol "NPC" (Neuro Protection Company(TM)) and based in Vancouver. For additional information please visit the Company's website: www.allontherapeutics.com.

Forward Looking Statements"


And new, today's news, that is alle over the media (the co is private and can't be bought in public).

"Breakthrough drug 'could halt' Alzheimer's

  • Story Highlights
  • Announced at Alzheimer's Association International Conference in Chicago
  • remberTM is first drug to act on the "tangles" discovered by Alois Alzheimer
  • Tangles destroy nerve cells and neurons critical for memory
  • If further trials prove successful, the drug could be available by 2012
  • Next Article in Health »

(CNN) -- British researchers say a new drug could effectively halt the progression of Alzheimer's disease, offering hope to millions.
Breakthrough drug 'could halt' Alzheimer's

The pioneering research -- a joint initiative between the University of Aberdeen in the UK and Singapore-based TauRx Therapeutics -- was announced this week at the Alzheimer's Association International Conference on Alzheimer's Disease (ICAD 2008) in Chicago.

The product -- remberTM -- is the first drug to act on the "tangles" discovered by Alois Alzheimer over a century ago. Tangles are made up of the protein, tau, which forms inside nerve cells in the brain.

According to Aberdeen University, the drug works by dissolving these tau fibers to prevent a build up of tangles which destroy nerve cells and neurons critical for memory.

Trials were carried out on 321 people with mild and moderate Alzheimer's disease in the UK and Singapore. Patients with mild to moderate Alzheimer's disease were given either 30, 60 or 100mg of the drug or a placebo.

The 60mg dose produced the most pronounced effect, with those with both mild and moderate Alzheimer's experiencing an 81 percent reduction in mental decline after 50 weeks.

Those on rember did not experience a significant decline in their mental function over 19 months, while those on placebo got worse.

Brain imaging data also showed that the drug had its biggest effect in the memory critical parts of the brain where the tangle density is highest.

In a statement on the university's Web site, Professor Claude Wischik, Chairman of TauRx Therapeutics and Professor of Psychiatric Geratology and Old Age Psychiatry at the University of Aberdeen's Institute of Medical Sciences, who led the research, said: "This is an unprecedented result in the treatment of Alzheimer's disease.

"We have demonstrated for the first time that it may possible to arrest the progression of this disease by targeting the tangles which are highly correlated with the disease."

Professor Clive Ballard, head of research at the Alzheimer's Society, told the British Press Association: "This is a major new development in the fight against dementia.

"It suggests the drug could be over twice as affective as any treatment that is currently available."

If further trials prove successful, the drug could be available by 2012.

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