PYC Therapeutics (ASX: PYC) One of the company's main initiatives is a drug discovery program to address Phelan McDermid Syndrome (PMS), a severe neurodevelopmental disorder. PMS affects approximately 1 in every 10,000 people, leading to challenges in brain development and function, resulting in a range of intellectual and physical disabilities. Currently, there are no approved treatments targeting the root cause of PMS.PYC has announced a significant milestone in its efforts to address PMS. The company has successfully restored the deficient protein responsible for PMS in brain cells (neurons) derived from a patient with PMS. This achievement demonstrates the potential effectiveness of PYC's approach, signaling promising progress before the start of human trials.
Furthermore, the company has generated this data using two different RNA therapy chemistries, one of which has shown clinical benefits in patients with neuronal disorders. This positions PYC to progress toward initial human studies with confidence that RNA therapy holds great promise for providing benefits to PMS patients and their families.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.