Investor Briefings & Webinar Notice
Released
Released
Announcement PDF
Investor Briefings & Webinar Notice
8 July 2024 – Melbourne Australia: PharmAust Limited (ASX:PAA) (PharmAust or the Company), a
clinical-stage biotechnology company, is pleased to invite interested parties to attend one of its investor
information sessions being held in Sydney and Melbourne and webinar.
These sessions will provide an opportunity for existing shareholders and potential investors in
PharmAust to learn more about the Company’s plans for the Phase 2/3 STRIKE clinical study, and meet
the management and executive team.
Sandwiches and refreshments to be provided.
In person meetings will be hosted by PharmAust Managing Director and CEO, Michael Thurn:
Melbourne
Monday 15 July
12:15 for 12:30 presentation
Level 25
367 Collins St
Melbourne VIC 3000
Sydney
Tuesday 16 July
12:15 for 12:30 presentation
Level 21 Aurora Place
88 Phillip St
Sydney NSW 2000
Registrations of planned attendance is essential for capacity and catering purposes. Please register via
the following link:
In Person Registration Link
The virtual Webinar will be hosted by PharmAust CEO, Michael Thurn:
Tuesday 16 July
11:00-12:00
Please find below the Webinar Link: Virtual Webinar Link
This announcement is authorised for release by the Board of Directors of PharmAust Limited.
For further information, please contact:
Dr Michael Thurn
Managing Director
investorenquiries@pharmaust.com
P +61 (3) 9692 7222
W www.pharmaust.com
Media:
Catherine Strong
Morrow Sodali
c.strong@morrowsodali.com
P 0406 759 268
PharmAust Limited ABN 35 094 006 023. Level 4, 96-100 Albert Road, South Melbourne VIC 3205
Tel: +61 3 9692 7222
www.pharmaust.com
About PharmAust Limited:
PharmAust Limited is listed on the Australian Securities Exchange (ASX Code: PAA). PAA is a clinical-stage
biotechnology company developing therapeutics for neurodegenerative diseases. The company is focused
on repurposing monepantel (MPL) for amyotrophic lateral sclerosis (ALS). ALS is the most common form of
motor neurone disease (MND) and affects both upper and lower motor neurons.
MPL is a potent and safe inhibitor of the mTOR pathway. This pathway plays a central role in the growth and
proliferation of cancer cells and degenerating neurons. The mTOR pathway regulates the cellular “cleaning
process”, where toxic proteins are broken down into macromolecules to be reused. This autophagic process
is disrupted in most neurodegenerative diseases, including ALS.
The company recently announced positive top-line results for its Phase 1 MEND study in participants with
ALS. PAA is in the planning stages for a registration adaptive Phase 2/3 STRIKE clinical study and anticipates
commencing enrolment in H2 CY 2024. This single pivotal study could potentially lead to accelerated approval
with the US Food and Drug Administration for monepantel for the treatment of ALS in 2026.
In 2024, the Neurodegenerative Disease Market size is estimated to be worth USD 55.12 billion, with a
forecast growth (CAGR) of 7.14% the market size is expected to reach USD 77.82 billion by 2029.2
1
Barceló, M.A., Povedano, M., Vázquez-Costa, J.F. et al. Estimation of the prevalence and incidence of motor neuron diseases in two Spanish
regions: Catalonia and Valencia. Sci Rep 11, 6207 (2021). https://doi.org/10.1038/s41598-021-85395-z
2
https://www.mordorintelligence.com/industry-reports/neurodegenerative-disease-market
PharmAust Investor Hub:
We encourage you to utilise our Investor Hub for any enquiries regarding
this announcement or other aspects concerning PharmAust. This platform
offers an opportunity to submit questions, share comments, and view video
summaries of key announcements.
Access the investor hub by scanning the QR code or visiting:
https://investorhub.pharmaust.com/
PharmAust Limited ABN 35 094 006 023. Level 4, 96-100 Albert Road, South Melbourne VIC 3205
Tel: +61 3 9692 7222
www.pharmaust.com
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