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Land | Sverige |
---|---|
Lista | Small Cap Stockholm |
Sektor | Hälsovård |
Industri | Bioteknik |
ANNOUNCEMENT FOR EUROPEAN MEDICAL & PHARMACEUTICAL TRADE MEDIA AND EUROPEAN FINANCIAL MEDIA ONLY.
Gothenburg, Sweden, January 31, 2025 - IRLAB Therapeutics AB (Nasdaq Stockholm: IRLAB A), a company discovering and developing novel treatments for Parkinson's disease, today announces positive topline results from its Phase I clinical study with the drug candidate IRL757 in healthy adults aged 65 years and older. The results show that IRL757 is well absorbed and provides good exposure in the body. All participants completed the study, and no serious adverse events were recorded. Collectively, the safety, tolerability and pharmacokinetic profile supports further development of IRL757.
The Phase I study evaluated the pharmacokinetics, safety, and tolerability of ascending oral doses of IRL757 in healthy individuals aged 65 years and older. The findings confirm earlier results reported from the first part of the Phase I study, conducted in younger healthy participants. These results demonstrate that IRL757 is well absorbed and provides good systemic exposure without the occurrence of serious adverse events. This milestone marks the completion of the second clinical study with IRL757. It is also the first study conducted under the collaboration with the McQuade Center for Strategic Research and Development, LLC (MSRD), a member of the global Otsuka family of pharmaceutical companies.
"We are pleased to present these excellent topline results for IRL757 in healthy older adults. IRL757 is the first in a completely new class of drug candidates and is being developed to treat apathy – a very common but often overlooked symptom in neurodegenerative disorders. This condition impacts the quality of life of millions of elderly patients suffering from diseases, particularly those affected by Alzheimer's and Parkinson's," said Dr. Joakim Tedroff, MD, Chief Medical Officer, IRLAB.
Apathy is characterized by indifference, resignation and a lack of response to what is happening in the world around them. The condition often leads to significant disability and caregiver distress, affecting a substantial proportion of people living with Parkinson's disease, Alzheimer's disease and other diseases related to the central nervous system. Currently, there are no drugs on the market to treat apathy.
IRLAB's drug candidate IRL757 has shown positive effects in several preclinical models of cognitive function, including improved motivation. This effect is believed to be associated with the drug candidate's unique ability to counteract disturbances in central nervous system nerve signaling proposed to underly apathy in several neurological conditions.
In parallel with the study in healthy adults aged 65 and older, IRLAB is conducting a Phase I study consisting of two parts to document the safety, tolerability, and pharmacokinetic properties of IRL757 in younger healthy participants. This study, funded by The Michael J. Fox Foundation for Parkinson's Research (MJFF), is expected to be concluded during the first half of 2025.