The head of PharmAust says the Perth biotech could offer hope to the hundreds of thousands of patients with motor neurone disease and ALS using a re-purposed veterinary drug approved for sheep drench.
The clinical-stage company completed a phase 1 study in December, with the recent findings revealing the drug monepantel — typically used to remove worm infestations in sheep — reduced the progression of the neuro degenerative diseases by 58 per cent.