Keep up with
Newstalk ZB

Sun, 19 May 2013, 11:06

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Investors sought to fund MS treatment

Share |

Investors sought to fund MS treatment

By: Natasha Burling | Latest Health News | Saturday September 1 2012 7:01

 

Investors are being sought to fund a New Zealand-developed medicine to treat the advanced stages of Multiple Sclerosis.

Innate Immunotherapeutics wants $10 million to carry out the second trial of MIS416, and to keep the company running.

Chief executive Simon Wilkinson says if the trial is a success, the big pharmaceutical companies will take an interest.

"Because they're the ones that have got the deep pockets to complete the final study required to get regulatory approval. So this trial is absolutely pivotal for us."

He says the drug could help treat a nasty form of MS.

"In this secondary progressive form of MS, as we noted earlier, there are no approved treatments and so there's a real medical need here."

Mr Wilkinson says it translates into a commercial opportunity for investors.

Photo: stock.xchng

 

Related Subjects

Multiple Sclerosis |

 

Latest Health News

Advertisement
Mike Hosking Breakfast
Advertisement
  • English has high hopes for Meridian sale

  • Investigation into big US train smash

  • Machine to vend marijuana, pot brownies

  • Kiwi meat sitting, waiting on Chinese wharves

  • Tennis: Nadal, Federer through to Rome semis

  • Union man for Maori Party in Ikaroa-Rawhiti

  • 200 day waka journey

  • New Yorkers unnerved by voyeuristic photos

  • Auckland Writers & Readers Fes ...

  • Steven Adams: NBA-bound

  • Kevin Milne Comment: Saturday ...

  • Jack Tame Comment: Saturday 18 ...

  • Friday-Budget Passion

  • Thursday-Topless Research

  • Wednesday-Gilmore So Gone

  • Tuesday-Unconventional Centre

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results