ImmunoBrain Checkpoint awarded Alzheimer’s Association grant to support Phase I trial investigating novel immunotherapeutic approach to treat Alzheimer’s disease

ImmunoBrain Checkpoint awarded Alzheimer’s Association grant to support Phase I trial investigating novel immunotherapeutic approach to treat Alzheimer’s disease

NEW YORK, Tuesday September 1, 2020 – ImmunoBrain Checkpoint Inc. (“IBC”) announced today that it has been awarded a $1,000,000 grant from the Alzheimer’s Association under the 2020 Part the Cloud-Bill Gates Partnership Grant Program to support a phase 1 clinical trial to examine safety and activity of its proprietary antibody, IBC-Ab002, targeted to enhance the immune system and induce brain repair processes in individuals with Alzheimer’s disease.

Currently there are no approved therapies for Alzheimer’s disease that can modify the disease course. IBC is developing treatments for neurodegenerative diseases by harnessing the power of the immune system to help protect and repair the brain. Based on studies pioneered by Professor Michal Schwartz at the Weizmann Institute of Science, demonstrating that the immune system is needed for the maintenance of healthy brain function and repair, but may be impaired in individuals with Alzheimer’s disease, IBC has developed a proprietary anti-PD-L1 antibody aimed to restore and boost the immune system to protect brain function.

If successful, IBC's therapy will be a first-of-its kind approach to change the course of Alzheimer’s disease and arrest its progression. The success of this therapeutic approach would lead to a broad understanding of how the immune system helps protect the brain and would contribute to the understanding of the biology of Alzheimer’s disease.

“Seeing the robustness of the effect in so many animal models and on both symptoms and disease pathology, reinforces my optimism that we are activating a general mechanism needed for brain repair in these devastating conditions that will overcome many of the unique complexities of Alzheimer’s disease,” said Professor Schwartz, IBC’s Chief Scientist. “On a personal note, I am very grateful to the Part the Cloud program for its belief and support in our novel therapy.”

Dr. Jesse Cedarbaum, IBC’s Chief Medical Officer, said: “Aging is the major risk factor for the development of Alzheimer’s disease. With aging comes the seemingly paradoxical phenomena of ‘inflammaging’ and ‘immune exhaustion and senescence’. IBC-Ab002 is an antibody that has been designed to rebalance the immune system to provide neuroprotection in Alzheimer’s disease and perhaps other neurodegenerative disorders. We thank the Alzheimer’s Association-Bill Gates partnership for its recognition that augmenting the body’s natural defenses could be an important avenue for treating Alzheimer’s disease.”