World's first Alzheimer's drug in 20 years gets conditionally approved in China

November 05, 2019
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by Nardev Ramanathan
Very important

The development of the drug, Oligomannate, was inspired by the observation that elderly people who consumed seaweed had an extremely low incidence of Alzheimer’s disease. Shanghai Green Valley Pharmaceuticals plans to launch the product in China by the end of the year, with global Phase 3 trials planned in the U.S., EU, and other parts of Asia to support regulatory submissions worldwide. This is an interesting development, as the drug is claimed to not just treat but potentially reverse the condition as well. Clients should wait for more data after product launch and from the global Phase 3 trials and note that the Chinese government's approval was not unconditional, indicating more data is still needed on long-term safety and efficacy.

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