Denali launches a clinical quest on Alzheimer’s drug, banking $155M in Takeda cash and scoring monkey data on BACE
After all the setbacks and failures we’ve seen in Alzheimer’s research over the past 15 years, can a startup boasting better technology beat the terrible odds against them and score with a new drug?
We’re at the early stages of getting an answer to that question.
Denali $DNLI announced today that it is now trying just that, launching a Phase I clinical study of its Alzheimer’s drug DNL747, its small molecule inhibitor for RIPK1. It’s also started a second human study of its LRRK2 inhibitor for Parkinson’s disease, which is its lead indication. And the South San Francisco biotech reported that it’s banked a $155 million upfront from Takeda’s billion-dollar partnership while scoring positive early results from a study involving monkeys for BACE1 — a mechanism in Alzheimer’s that recently failed decisively for Merck in Phase III.
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