ABOUT ALZHEIMER'S DISEASE
Alzheimer's disease, the most common form of dementia, is increasing worldwide due to demographic shifts in the aging population. Hallmark abnormalities for Alzheimer's disease are deposits of the protein fragment beta-amyloid (plaques) and twisted strands of the protein tau (tangles) as well as evidence of nerve cell damage and brain death.
The Alzheimer's Association estimates there are 5.4 million Alzheimer's disease sufferers in the U.S. It is the most costly disease today with more than $215 billion in annual costs and growing rapidly to greater than $1.1 trillion by 2050. There are no FDA-approved therapeutics that alter the course of the disease or slow its progression. The recent findings that tau oligomers are involved in the spread of pathology in disease progression validates extracellular tau oligomers.
Oligomerix, Inc. is a biopharmaceutical company focused on development of small molecule inhibitors, immunotherapeutic approaches and biomarkers targeting tau oligomers and their newly discovered proteolytic enzymatic activity. The Company was founded in 2006 and is located within the Audubon Biomedical Science and Technology Park at Columbia University Medical Center. The Company is seeking strategic partners to help accelerate these exciting programs. For more information visit www.oligomerix.com.
Certain matters described in this news release may be forward-looking statements subject to risks and uncertainties that could cause actual resul
|SOURCE Oligomerix, Inc.|
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