Noxopharm and its US subsidiary, Nyrada Inc, are pleased to announce jointly that the experimental drug, NYX-104, has cleared a critical step in its development as a neuroprotective drug.
Data released today at the 12th Cerebral Vascular Biology International Conference being held in Melbourne shows that NYX-104 was able to provide a significant level of neuroprotection in a mouse model of human stroke.
Any injury to the brain (e.g. stroke, concussion, head trauma, severe epilepsy, concussive noise) is associated with 2 phases of brain cell death. The first phase is immediate and involves the death of brain cells directly injured by the trauma. The second phase extends over days and weeks and involves a wave of cell death that radiates out from the original site of injury, potentially resulting finally in an area of brain death many times greater than the original injury. This second phase is known as excitotoxicity. The extent of excitotoxicity can mean the difference between making a full recovery from stroke with minimal rehabilitation, to being left months later with significant functional impairment despite lengthy rehabilitation.
Noxopharm announced recently (3 November 2017) that a collaboration between NOX and the University of NSW (Sydney) had identified NYX-104 as a potential drug candidate to treat excitotoxicity. That report was based on an ability to inhibit the excitotoxicity reaction in vitro. The data reported on today confirms that this inhibitory effect carried through in vivo, confirming the ASX: NOX Noxopharm Limited ABN 50 608 966 123 Registered Office: Suite 1 Level 6 50 Queen St Melbourne VIC 3000 Australia Operational Office: Suite 3, Level 4 828 Pacific Highway Gordon NSW 2072 Australia Board of Directors Mr Peter Marks Chairman Non-Executive Director Dr Graham Kelly Chief Executive Officer Managing Director Dr Ian Dixon Non-Executive Director ability of the drug to cross the blood-brain barrier, and clearing the way for Nyrada to bring NYX-104 through into the clinic.
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