NSB - NeuroScientific Biopharmaceuticals | Aussie Stock Forums - The Legend of Hanuman

NSB – NeuroScientific Biopharmaceuticals | Aussie Stock Forums


MS (multiple sclerosis) is a chronic, disabling neurodegenerative disease in which the body’s immune system mistakenly attacks the myelin sheath that surrounds the body’s nerve fibres. Current MS market including total drug sales is estimated to be worth more than US$20 billion (A$29 billion) with 2.3 million patients suffering from the disease worldwide.

Conditions like dementia and Alzheimer’s disease have the most likelihood of a medical breakthrough in the next 10 years. However, at present, there are few effective treatment options. For Neuroscientific Biopharmaceuticals NSB, this is a focus area that shows great commercial promise and opportunity to improve patient outcomes.

NSB is developing EmtinB, a drug in advanced preclinical studies that is showing promise in treating degenerative conditions such as Alzheimer’s disease. EmtinB has slowed the progression of Alzheimer’s by more than 80% in animal subjects.

EmtinB has also shown promise as a treatment for degenerative conditions of the optic nerve, such as caused by glaucoma. In one trial, the drug enabled severed optic nerves to almost fully grow back. The drug was also used to treat optic degeneration caused by glaucoma in pig models that closely resemble severe human form of glaucoma.“We were able to stop that degeneration,” says CEO and MD, Matt Liddelow.

It may potentially also be used to treat spinal cord injuries and multiple sclerosis (MS).At the moment, the drug is administered by subcutaneous or intravitreal injection, although NSB is currently looking at less invasive delivery methods for ocular indications such as eye drops.

“We’re focused on getting EmtinB preclinical safety studies completed so we can start clinical studies by the end of the year,” says Liddelow. “Nothing we’ve seen so far has indicated we’re going to have any major safety problems in clinical studies.

”To streamline the process, NSB is partnered with some of the best pharmaceutical research and manufacturing organisations on the planet. This includes Covance, a US company that had handlings in the clinical trials of 50 of the top drugs now in the market.

“We’ve got a healthy cash position of around $4M in the bank. That’s more than enough to get us to achieve what we need to do in the next 12 months,” says Matt.

https://reachmarkets.com.au/news/ne…icals-positioned-for-alzheimers-breakthrough/


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