New publication describes Allon's davunetide as the most advanced global drug candidate for PSP

Allon Therapeutics Inc. announced that a review of davunetide as a potential treatment for progressive supranuclear palsy (PSP) was published in the February edition of Neuropsychiatric Disease and Treatment. The article describes davunetide as the most advanced drug candidate in the world for PSP patients. Allon is conducting a pivotal trial testing the efficacy of davunetide in PSP. The trial is fully enrolled and is expected to complete patient dosing and release top-line data by late 2012.

In the article, some of the leading experts in PSP outline the characteristics of the disease, the rationale for treating PSP with davunetide and identify some of the challenges of conducting clinical trials in this patient population. PSP is a progressive neurodegenerative disease in which movement, speech, and behaviour are affected, and for which there are no approved treatments.

To read the full Press Release, please click here.