The government draws attention to Swedish Alzheimer’s research and together with the Swedish Alzheimer’s Foundation visit AlzeCure Pharma

AlzeCure Pharma AB (publ) (FN STO: ALZCUR), a pharmaceutical company that develops candidate drugs for CNS diseases, focusing on Alzheimer's disease and pain, today announced that Anna Tenje, Minister for Older People and Social Security, together with representatives from the government and the Swedish Alzheimer's Foundation, on Wednesday 17 January visited AlzeCure Pharma. The purpose of the visit was to acquire knowledge and highlight the expanded research and development required as the number of people with dementia grows, as well as to draw attention to Swedish research in the area where AlzeCure Pharma's Alzheimer's project can play a significant role.

More than 55 million people globally are estimated to suffer from some form of dementia, and as life expectancy increases, the number of people suffering from dementia is expected to double by the year 2050. Although these are very serious diseases with a great impact on both the individual and their relatives, in Swedish dementia care, there is still a lack of both cures and well-functioning medicines that slow down the diseases, which means great challenges for health and social care. Today, research is heavily dependent on stable and comprehensive funding in the work to achieve the breakthroughs required to be able to deliver ground-breaking solutions to slow down and cure dementia. The Swedish government has therefore tasked the National Board of Health and Welfare to develop a basis for a developed national dementia strategy in order to meet future challenges.

As part of the work, Anna Tenje, Minister for Older People and Social Security, together with representatives from the government as well as the Alzheimer Foundation's Secretary General Liselotte Jansson, have visited AlzeCure Pharma in Huddinge. During the visit, Alzecure Pharma's CEO Martin Jönsson presented the company's ongoing development in the field of Alzheimer's, and discussions were held regarding treatment options for dementia today and in the future, as well as what future research funding could look like.

“We are honored and incredibly happy that the government chooses to pay attention to our important research in the field of dementia with an emphasis on Alzheimer's disease. As the standard of living rises and healthcare improves, the average life expectancy increases, and thus also the risk of dementia-related diseases, which places very high demands on state-funded care. The need for more effective drugs that can slow down the course of the disease, and not least preventive treatments that could prevent the disease from breaking out, is very great. Anything that can facilitate our work to develop new medicines is important and I look forward to seeing the results of the work that the government and the National Board of Health and Welfare are now conducting,” said Martin Jönsson, CEO of AlzeCure Pharma.

Alzheimer's disease is a neurodegenerative disease, which is a collective term for various conditions in which the brain's nerve cells gradually deteriorate and eventually die. Alzheimer's is the most common form of dementia, around 60-70 percent of all dementia cases stem from this disease and in Sweden around 20,000 people are diagnosed with Alzheimer's disease every year, while in the US this figure is close to 500,000. AlzeCure Pharma currently works with two research platforms with a focus on dementia diseases; NeuroRestore®, which develops a new generation of symptom-relieving drugs for the treatment of diseases with cognitive disorders to improve learning and memory capacity, and Alzstatin®, which develops innovative preventive and disease-modifying oral drugs for Alzheimer's disease.

The Swedish Alzheimer's Foundation is driving the support of research into dementia diseases and is the fundraising organization in Sweden that contributes the most to Alzheimer's research. The foundation's vision is to be able to prevent and fight dementia through financial support for research. The Alzheimer's Foundation is also the founder of the research foundation AlzeCure, which has led to the formation of AlzeCure Pharma AB.

”We saw that large resources are required to be able to solve the puzzle of Alzheimer's disease and that the basic academic research needed to be supplemented with more clinical and patient-oriented research. We therefore took the initiative to form the research foundation AlzeCure, which now operates as the pharmaceutical company AlzeCure Pharma AB. It is very gratifying for us to see the fine development that the company has and we are very hopeful for the future and that our initiative has been a successful investment. We need to see more innovative research in the Alzheimer's field,” said Liselotte Jansson, Secretary General of the Swedish Alzheimer Foundation.