NeuroPhage to Participate in World’s First G8 Dementia Summit
Inaugural Effort to Unite World Dignitaries, Scientific Leaders and Finance Executives in Fight Against Dementia
Cambridge MA, December 2013 – NeuroPhage Pharmaceuticals, Inc. today announced that it has been invited to participate in the world’s first G8 Dementia Summit. The G8 Summit is hosted by the British Prime Minister, David Cameron, and Health Secretary, Jeremy Hunt, and will be attended by G8 Health Ministers, pharmaceutical company leaders, innovators, technology pioneers, breakthrough researchers and investors. The Summit will explore the coordination of efforts to shape an effective international solution to dementia, a condition that affects over 35 million people worldwide, including looking for effective therapies to slow dementia’s impact. The G8 Dementia Summit will take place in London, UK, on December 11, 2013. “We applaud this groundbreaking initiative that the Prime Minister and the Health Secretary have undertaken to bring together leaders from government, research and finance to focus on addressing the enormous health and economic burden that dementia has on patients and families around the world,” said Jonathan Solomon, President and Chief Executive Officer of NeuroPhage. “Dementia has proved to be a challenging indication to treat, as the biology behind the various conditions is complex. We are honored to take part in this ambitious international effort in hopes to create a greater collaborative approach worldwide to better achieve our common goals of treating and preventing dementia.”
NeuroPhage Pharmaceuticals has fusion-protein drug candidates in development for neurodegenerative diseases, many of which cause progressive mental deterioration and dementia. NeuroPhage’s technology is based on a General Amyloid Interaction Motif (GAIM) that simultaneously targets multiple misfolded proteins or amyloids central to many neurodegenerative diseases such as Alzheimer’s and Parkinson’s diseases. In addition to targeting multiple misfolded pathological proteins, this unique disease-modifying approach recognizes early amyloid assemblies and existing protein aggregates to maximize potential therapeutic effect. NeuroPhage is initially developing candidates to treat Alzheimer’s and Parkinson’s disease, where a number of different misfolded proteins are present and their interactions can exacerbate disease progression.