Athira Pharma, Inc. (ATHA) Discusses Acquisition of Rights to Lasofoxifene Phase III Program for Metastatic Breast Cancer Transcript
ATHA Energy Corp (TSX-V:SASK, OTCQB:SASKF) revealed that a survey at its Angilak uranium project in Nunavut has expanded the known depth of uranium mineralization at the Lac 50 Deposit to over one kilometer. The survey also identified a new 25-kilometer conductive trend along the western margin of the Angikuni Basin, according to a statement from ATHA.
Seattle-area biotech company Athira Pharma agreed to pay $4.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RJ Rebecca Judd Pathstone Holdings, LLC | 38,606 | $159,829 | $159,828.84 | -$0.16 | - |
Ian Jameson American Capital Advisory, LLC | 200 | $828 | $828 | - | - |
| Biotechnology Industry | Healthcare Sector | Mark J. Litton CEO | NASDAQ (CM) Exchange | 04746L203 CUSIP |
| US Country | 26 Employees | - Last Dividend | 18 Sep 2025 Last Split | 18 Sep 2020 IPO Date |
Athira Pharma, Inc., initially known as M3 Biotechnology, Inc. before its name change in April 2019, stands out as a late clinical-stage biopharmaceutical entity engaged in the development of small molecule therapies aimed at restoring neuronal health and mitigating neurodegeneration. With its inception in 2011, the company has set up its headquarters in Bothell, Washington, marking its commitment to tackling some of the most challenging neurodegenerative disorders. Athira Pharma targets diseases such as Alzheimer's, Parkinson's disease dementia, and Dementia with Lewy bodies through innovative approaches to modulate the neurotrophic hepatocyte growth factor (HGF) system and its MET receptor, focusing on achieving a healthy nervous system. Furthermore, its engagement in significant collaboration and a grant agreement with the National Institutes of Health Grant for the ACT-AD Phase 2 clinical trial of fosgonimeton demonstrates Athira Pharma's dedication to leveraging partnerships and funding opportunities to advance its clinical programs.
This lead product candidate is a cornerstone of Athira Pharma's developmental efforts. It is a small molecule aimed at modulating the HGF/MET system to support a healthy nervous system. Fosgonimeton is currently undergoing LIFT-AD Phase 2/3 and ACT-AD Phase 2 clinical trials for treating Alzheimer's disease. Additionally, it is in Phase 2 clinical trials targeting Parkinson's disease dementia and Dementia with Lewy bodies, showcasing its potential to address a broad spectrum of neurodegenerative diseases.
ATH-1020 represents another significant endeavor by Athira Pharma, manifesting as an orally available, brain-penetrant small molecule designed to boost the HGF/MET system. Currently in Phase 1 clinical trials, ATH-1020's primary focus is on treating neuropathic pain and neurodegenerative diseases, indicating the company's commitment to exploring new therapeutic avenues within the neurodegenerative disease domain.
Positioned as a potential game-changer for conditions like Amyotrophic Lateral Sclerosis (ALS), ATH-1105 is an oral small molecule drug candidate in preclinical development. As Athira Pharma aims to translate its preclinical successes into clinical advancements, ATH-1105 underscores the company's dedication to diversifying its pipeline across various stages of neurodegenerative disease progression.
Underpinning Athira Pharma's product development strategy is a pivotal license agreement with Washington State University. This agreement grants Athira Pharma the rights to develop and sell products covered by certain licensed patents, including dihexa, a chemical compound into which fosgonimeton converts post-administration. This strategic partnership not only accelerates the commercialization path for Athira Pharma's leading compounds but also strengthens its intellectual property portfolio and market position.