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

Alternate Symbol(s):  DDEJF

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 mining investments, mining services, and corporate and others. Its asset base includes investments in precious and base metals projects across four continents. Its subsidiaries include Dundee... see more

TSX:DC.A - Post Discussion

Dundee Corp > TauRx Phase 3 Trial Results
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Post by Catscratch on May 31, 2022 2:46pm

TauRx Phase 3 Trial Results

Positive topline results from the TauRx Lucidity trial!

https://ts-assets.ams3.cdn.digitaloceanspaces.com/mg/tx/pdfs/Lucidity-Data-Announcement.31May2022.for-website.pdf

PRESS RELEASE

Tau-targeting Alzheimer’s treatment, HMTM, moving toward regulatory submission based on initial data from TauRx’s LUCIDITY trial

• LUCIDITY data suggest that participants receiving hydromethylthionine mesylate (HMTM) decline at a rate substantially less than is typical in Alzheimer’s based on published research

• Safety profile is favourable and consistent with previous HMTM studies

• TauRx will now pursue regulatory submission and coverage for HMTM Aberdeen, UK and

Singapore, May 31, 2022 – TauRx Pharmaceuticals Ltd, the global leader in taubased research in Alzheimer’s, today announced unblinding of initial data from completion of the randomised portion of their pivotal Phase 3 clinical trial, LUCIDITY (NCT03446001).

TauRx’s lead investigative oral drug, HMTM, has been tested in 598 people with Alzheimer’s. Following our 12 month blinded phase of the study, participants have moved forward to an additional one year open label phase.

Professor Claude Wischik, Executive Chairman and Co-Founder of TauRx, commented: “The output indicates that participants receiving HMTM decline at a rate substantially less than is typical in Alzheimer’s based on published research. This was seen for both cognitive and functional endpoints across a broad range of severity from mild cognitive impairment (MCI) to moderate Alzheimer’s. Importantly, the safety profile is favourable and consistent with previous studies.

“Our data analysis is ongoing and will be reported at a later date. We look forward to providing an update on our progress on 9th June 2022 at the 35th Global Conference of Alzheimer's Disease International.

“Our expert advisors including EVERSANA are confident in our moving toward regulatory submission and gaining coverage for HMTM.

“Today with limited treatments for Alzheimer’s, the standard of care does not impact the underlying causes of symptom progression. HMTM aims to significantly slow disease progression, providing longer term benefits compared to medications brought to market almost twenty years ago.”

Prior to the release of the LUCIDITY interim data, the UK Medicines & Healthcare products Regulatory Agency (MHRA) granted the company an Innovation Passport on 18th May 2022. The Innovation Passport is the first stage of the Innovative Licensing and Access Pathway (ILAP), which is intended to accelerate development and approval times, facilitating access to new products and indications.

Professor Wischik explains, “The ILAP designation represents a clear signal of regulatory support for a prospective treatment breakthrough in Alzheimer’s, which remains one of the world’s greatest unmet medical needs. Dementia is a leading cause of death around the world, and the Innovation Passport, as the first stage of the ILAP scheme, enables access to the collaborative approach of regulators and associated health technology assessment bodies to both drug licensing and access throughout the UK.

 “We recognise and publicly thank the incredible commitment from participants and partners involved in LUCIDITY. Our scientific focus on the role of tau pathology in neurodegenerative disease with support from our shareholders and team has enabled us to reach this important milestone.”

With the vision to change the diagnostic and dementia care landscape, the joint venture between TauRx and Genting Berhad, GT Diagnostics, continues to move forward with developing new diagnostic tau biomarker and psychometric tools. These tools will aid in earlier and more accurate identification of people with Alzheimer’s and are designed to assist in management through the progression of symptoms.

With an estimated 50 million people worldwide with Alzheimer’s, their families, healthcare professionals and society, TauRx share their aim in finding a safe and effective management.

ENDS

Comment by CBalardo on May 31, 2022 3:43pm
So June 9 th then. Will this be big news or are we still waiting another year for open label phase ?  I hope Reunion gold keeps giving positive results too, that could be a cash cow with Barrick . Cheers
Comment by Catscratch on May 31, 2022 5:33pm
More detailed information will be available on June 9th but that press release certainly sounds quite optimistic at this point....   "Our expert advisors including EVERSANA are confident in our moving toward regulatory submission and gaining coverage for HMTM."
Comment by pierrelebel on Jun 08, 2022 10:40am
The Conference takes place in London, UK. TauRX will present at 12:45pm (London time) (7:45am EST) on Thursday June 9th "12-months safety and efficacy data of the Phase 3 LUCIDITY trial, a randomized, double-blind, placebo-controlled, 12-month, safety, and efficacy study of hydromethylthionine mesylate (HMTM) 16 mg/day oral tablet monotherapy in patients with MCI due to probable AD or mild ...more  
Comment by CBalardo on Jun 09, 2022 11:34am
Yes it will take a bit for people to catch on 1+1 is 2.. valuation should appreciate the stock as news gets out. Good luck to the longs. Too bad we can't get Dundee energy back, I bet with Russia shutting off the taps Dundee energy would never have gotten shut down these days. 
Comment by pierrelebel on Jun 10, 2022 1:40pm
Provided by Dow Jones Jun 10, 2022 5:58 AM UTC By Yi Wei Wong Shares of Genting Bhd. fell in early trading, with analysts pointing to disappointment over the lack of a breakthrough in an Alzheimer's drug being developed by an affiliate of the Malaysian company. Genting's shares fell as much as 6.5% to 4.86 ringgit (US$1.11) on Friday, putting the company on pace for ...more  
Comment by Catscratch on Jun 13, 2022 1:38pm
Sounds like no new information was disclosed at the conference.  Below is an article out today suggesting that TauRx be may look at M&A or partnership opportunities. The original TauRx press release on May 31, says "TauRx will now pursue regulatory submission and coverage for HMTM".  So, unless that is a typo, they clearly are not waiting for the open phase to be complete ...more