Novation Pharmaceuticals is focused on changing the death
sentence for ALS; its first indication in the neurodegeneration/dementia
therapeutic area. Targeting messenger RNA (mRNA) using small molecules that
can restore stress granules in ALS patients back to normal physiological
levels, Novation's goal is to bring an effective therapeutic quickly to
market. No cure or effective disease modifying treatment exists for the
sporadic form of the disease which represents 95% of patients.
Novation is advancing its ALS program in collaboration with researchers at the
University of Montreal and IRCM, Montreal.
Novation Pharmaceuticals' approach is to identify new
small-molecules, that modulate intracellular mRNA, to find new therapies to
treat serious diseases. Novation's technology, called QUEST, is a breakthrough
in identifying new, orally active small molecule drugs for significant
therapeutic targets.
Novation is seeking to build a product focused business
based on modulation of mRNA. Priority is to discover its
own products using QUEST, whilst generating early revenues through strategic partnerships with pharmaceutical companies.
Novation's QUEST technology -- taking drug discovery to a new level