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PYC Therapeutics (ASX: $PYC) restores missing protein in Phelan-McDermid Syndrome neurons

PYC Therapeutics' Breakthrough in Phelan-McDermid Syndrome Treatment


PYC Therapeutics (ASX: $PYC) has successfully restored the deficient protein causing Phelan-McDermid Syndrome (PMS) in neurons derived from a PMS patient. The company's fourth drug discovery program aims to address the underlying cause of this severe neurodevelopmental disorder, which currently has no available treatments. The studies required to enter human trials are anticipated to commence in 2025.

Executive Commentary on PYC's Breakthrough


This is a big step forward in this body of work - this is the data that the clinicians have been asking us to generate before we push into the clinic. Importantly, we have been able to generate the data with two different chemistries of RNA therapy, one of which has already demonstrated clinical benefit in patients with disorders occurring in neurons. This gives us clear line of sight into first in human studies where we believe an RNA therapy offers the greatest potential benefit to PMS patients and their families.

Summary of PYC's Achievement and Future Plans


PYC Therapeutics has made a significant breakthrough by restoring the missing SHANK3 protein in neurons derived from a Phelan-McDermid Syndrome (PMS) patient. This achievement marks a crucial milestone in the development of a potential treatment for PMS, a severe neurodevelopmental disorder affecting approximately 1 in every 10,000 people. The company's progress towards initiating human trials in 2025 demonstrates its commitment to addressing the unmet medical needs of patients with genetic diseases. In addition to the PMS program, PYC is also advancing its drug development programs for Retinitis Pigmentosa type 11, Autosomal Dominant Optic Atrophy, and Autosomal Dominant Polycystic Kidney Disease, aiming to provide precision therapies for a range of genetic disorders. The company's dedication to developing first-in-class precision medicines reflects its ambition to make a meaningful impact on patients' lives and underscores its commitment to advancing innovative treatments for genetic diseases.

PYC THERAPEUTICS LIMITED
PYC | ASX | Health Care
0.130(+0%)
At close 05/07 (AEDT)
Market cap
$606.6M
Volume
137,767
DY Yield
0
PE Ratio
0
52 Week Range
0.051 - 0.135
1YR Return
348.276%

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