Abstract visualization of a brain hemorrhage from an MRI perspective, with vivid colors marking the hemorrhagic areas against the brain's grayscale anatomy.
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Alterity Therapeutics Ltd (ASX:ATH) has reported positive interim results from its Phase 2 clinical trial assessing the treatment of patients with neurodegenerative condition multiple system atrophy (or MSA) with drug ATH434.

The trial involves 10 participants, and the interim results relate to 7 who have been treated with ATH434 over a six-month period, with 3 of these also completing 12 months of treatment.

Reduced disability related to activities of daily living was observed among 43% of participants, assessed in this way through the unified MSA rating scale (or UMSARS) after six months of treatment.

During the same period, 29% were assessed by both the treating physician and patient as having stable or improved neurological symptoms, and were noted as ‘clinical responders’.

Importantly, the clinical responders on average had reduced accumulation of iron in the substantia nigra, putamen and globus pallidus – as seen on the MRI – as well as stable levels of NFL, a marker of axonal injury, when compared to participants who declined.

This suggests ATH434’s efficacy in reducing α-synuclein pathology and preserving neuronal function by restoring normal iron balance in the brain.

Alterity CEO Dr David Stamler said he was encouraged by the positive data.

“As MSA is a rapidly progressive and unremitting disease, we expected to see decline in all participants,” he said.

“Instead, we saw favorable clinical and biomarker outcomes in some patients suggesting that ATH434 has the potential to modify the course of this devastating condition.

“We were also very pleased to see that the clinical responders had biomarker evidence of stable disease as this provides an objective indication of potential efficacy.”

The price of Alterity shares rose on the news. At 11:37 AEDT, they were trading at 0.6 cents, a rise of 20% since the market opened.

ath by the numbers
More From The Market Online
The Market Online Video

HotCopper Highlights: Qatari no-shows; uranium bulls are back; sweating the small stuff & more

Good Afternoon and welcome to the end of another week, I’m Jon Davidson and this is HotCopper Highlights, a segment where we go over
Silver bull concept

Week 5 CY26, wrapped: Silver outpaces NVIDIA(!), Oz CPI close to 4%; rare earth stocks shocked

It’s well and truly Trump 2.0 and we’ve had another very interesting start to the year.
yellowcake

CY24 all over again: Uranium back to US$100/lb as data centre power demand, everything rally join forces

If you want to find happy investors on the ASX, you'd probably be hard-pressed than anybody…

Manuka ramps up at Wonawinta, Mt Boppy on ‘outstanding’ 10-year mine plan

Manuka Resources (ASX: MKR) has revealed a robust 10-year mine plan for the Wonawinta silver and…