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Allon Therapeutics

Alzheimer drug maker reports clinical update, $0.05 per share loss

Published in Lab Business Week, September 25th, 2005

Allon Therapeutics, Inc., (NPC) reported in its second quarter 2005 operating results that it achieved all of its performance milestones, including positive results from its phase Ia human clinical trial evaluating lead product AL-108 as a treatment for Alzheimer disease and preparations to begin a phase Ib clinical trial in Q3 2005.

The company also filed an investigational new drug application (IND) with the U.S. Food and Drug Administration for approval to begin human clinical trials to evaluate the company's second drug candidate AL-208 as a treatment for mild cognitive impairment (MCI) associated with cardiac artery bypass graft (CABG) surgery. Allon will commence...

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