
Klotho Neurosciences Moves Forward with Manufacturing Gene Therapy for the Treatment of ALS
NEW YORK, /CNW/ -- Klotho Neurosciences, Inc. (NASDAQ: KLTO) today announced that it is moving forward with manufacturing and process development work in preparation for clinical trials of KLTO-202, its investigational gene therapy for amyotrophic lateral sclerosis (ALS).
A unique RNA splice variant of the human gene called alpha-Klotho has been licensed by the Company from the Autonomous University of Barcelona ("UAB") including patents, patent applications, research, knowhow and other intellectual properties for use in the development of advanced gene and gene-engineered cell therapies. The human alpha-Klotho gene is located in cells found throughout the human body. It is a five exon gene that produces two protein isoforms: a full-length protein found mainly in cells of the kidney called membrane-bound Klotho (or m-KL), which controls phosphate homeostasis, and a much smaller protein isoform called secreted alpha-Klotho (or s-KL). The s-KL RNA splice variant is found mainly in the brain and spinal cord neurons; the variant protein is neuroprotective by minimizing both oxidative stress and neuroinflammation. Animal studies supported by the Company over the past two years in mouse and non-human primate models of rapid aging, in models of human Alzheimer's disease, and in models of ALS have shown that over-expression and amplification of the tissue levels of s-KL using a gene therapy approach result in highly favorable therapeutic outcomes in every model tested. These results have been published in peer-reviewed scientific journals and now support the transition of KLTO-202 into the clinical development stage.
The Company expects that it will take approximately eight months to complete process development and manufacturing of KLTO-202, and about four to six months to conduct meetings with FDA, complete all FDA-mandated animal safety studies, file an investigational new drug application (IND), train and prepare clinical sites where the Phase I/II studies can be conducted, and then begin the single-dose gene therapy studies in ALS patients by the third quarter of next year. The Company will work with contract research organizations (CROs) to facilitate all activities including manufacturing and clinical trials without the need to hire several dozen staff members, which would significantly increase our operating overhead.
Dr. Joseph Sinkule, the Company's CEO and founder commented: "With our recent fundraising success, we're moving forward with manufacturing the s-KL transgene DNA for KLTO-202. We've identified a more efficient method of producing the AAV vector to deliver the s-KL gene directly to motor neurons—the cells most affected by ALS. Our goal is to increase local s-KL protein levels to protect these neurons from the damage that leads to voluntary and involuntary muscle paralysis and ultimately death."
ALS typically progresses rapidly, with most patients losing mobility, respiratory function, and life within just 2–3 years of diagnosis.
About Klotho Neurosciences, Inc. Klotho Neurosciences, Inc. (NASDAQ: KLTO), is a biogenetics company focused on the development of innovative, disease-modifying cell and gene therapies using a protein derived from a patented form of the "anti-aging" human Klotho gene (s-KL), and its novel delivery systems to transform and improve the treatment of neurodegenerative and age-related disorders such as ALS, Alzheimer's, and Parkinson's disease. The Company's current portfolio consists of its proprietary cell and gene therapy programs using DNA and RNA as therapeutics and genomics-based diagnostic assays. The Company is managed by a team of individuals and advisors who are highly experienced in biopharmaceutical product development and commercialization.
Investor Contact and Corporate Communications - Jeffrey LeBlanc, CFO
[email protected]
Forward-Looking Statements:
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Without limiting the generality of the foregoing, the forward-looking statements in this press release include descriptions of the Company's future commercial operations. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, such as the Company's inability to implement its business plans, identify and realize additional opportunities, or meet or exceed its financial projections and changes in the regulatory or competitive environment in which the Company operates. You should carefully consider the foregoing factors and the other risks and uncertainties described in the documents filed or to be filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") from time to time, which could cause actual events and results to differ materially from those contained in the forward-looking statements. All information provided herein is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Cision Canada
32 minutes ago
- Cision Canada
DeFi Technologies Announces 2025 AGM Results
TORONTO, June 30, 2025 /CNW/ - DeFi Technologies Inc. (the " Company" or " DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (" DeFi"), is pleased to , is pleased to provide the voting results from the 2025 Annual and Special Meeting of shareholders. The Company announces that the nominees listed in the management proxy circular dated May 20, 2025 (the " Circular") for the 2025 annual and special meeting of shareholders of the Company (the " Meeting") were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company's auditors and the adoption of the Share Incentive Plan.. Detailed results of the vote for the election of directors held at the Meeting on June 30, 2025 in Toronto, Ontario are set out below. The shareholders approved the election as directors of the persons listed below, based on the following vote. Shareholders voted 95.592% in favour of the approval of the appointment of the Company's auditors, with 4.408% of shareholders withholding their vote on the appointment of auditors. Shareholders at the Meeting also approved the Company's share incentive plan (the " Share Incentive Plan"), with 70.365% in favour and 29.635% against. A total of 127,577,203 common shares were voted in connection at the Meeting, representing approximately 38.69% of the issued and outstanding common shares of the Company. The Company's board would like to express its gratitude to its shareholders for their participation and support. About DeFi Technologies DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit Cautionary note regarding forward-looking information: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of DeFi Technologies, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of exchange traded product by exchanges; change in valuation of digital assets held by the Company; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE DeFi Technologies Inc.


Cision Canada
an hour ago
- Cision Canada
Coming into force of the Regulation respecting complaint processing and dispute resolution in the financial sector
MONTRÉAL, /CNW/ - The Regulation respecting complaint processing and dispute resolution in the financial sector, published on February 15, 2024, will come into force on July 1, 2025. This Regulation of the Autorité des marchés financiers (AMF) is intended to harmonize the way complaints are processed, to the benefit of Québec financial consumers. The Regulation establishes standards to enhance transparency and the fair processing of consumer complaints in Québec. It applies to financial institutions, financial intermediaries and credit assessment agents with activities in Québec. The Regulation draws from domestic and international best practices and also reflects stakeholder input from two important consultations that helped improve the content. The Regulation establishes a common set of rules, obligations and practices for the financial sector, particularly with respect to the timeframes to be observed when handling consumer complaints. The coming into force of the Regulation coincides with the deployment of the AMF's 2025-2029 Strategic Plan (in French only), whose orientations include enhancing the consumer experience. The Regulation introduces significant changes for the financial sector. A number of tools are available to assist firms in understanding its scope and achieving compliance. About the AMF In its role as regulator, the Autorité des marchés financiers acts to maintain a financial sector that is dynamic, operates with integrity and warrants public confidence. It regulates, in whole or in part, activities in the following sectors: insurance, securities and derivatives, distribution of financial products and services, deposit institutions, mortgage brokerage and credit assessment.


Cision Canada
an hour ago
- Cision Canada
PMPRB releases new Guidelines to monitor and review drug prices English Français Français
OTTAWA, ON, June 30, 2025 /CNW/ - The Patented Medicine Prices Review Board (PMPRB) published its new Guidelines for PMPRB Staff today. They will take effect on January 1, 2026. The Guidelines explain the new two-step process used by PMPRB staff to monitor and review drug prices by comparing them to the prices in other countries or to other similar treatments in Canada. If a drug's price raises concerns, PMPRB staff may recommend a hearing to the Chair. These new Guidelines have been established following a comprehensive consultation process, after much consideration from the Board. They depart significantly from previous Guidelines. As per the new Guidelines, the PMPRB will follow a two-step review process. The Initial or Annual Review serves as a screening process. If this step raises concerns, or if a complaint is received from an approved individual or organization, the PMPRB will then start a more in-depth review. During an In-Depth Review the PMPRB staff compare the drug under review to similar drugs and treatments available for the same medical conditions. The PMPRB plays a unique and important role in the Canadian health system by ensuring that prices of patented medicines are not excessive. The Guidelines provide a transparent and predictable process to be used by PMPRB staff to review drug prices once they enter the market. Quick Facts The PMPRB protects consumers by ensuring that the prices of patented medicines in Canada are not excessive and reports on pricing trends. The PMPRB does not set drug prices in Canada. The PMPRB reviews prices to ensure that Canadian prices are not excessive. If an in-depth review indicates that the drug could be priced excessively in Canada, PMPRB staff can recommend a hearing to the Chairperson. If a hearing panel determines the price is excessive, they may order a price reduction. The PMPRB will host seminars/learning sessions to explain the new Guidelines to interested parties and answer questions. Associated Links Follow us on X @PMPRB_CEPMB and on LinkedIn.