AC Immune gets milestone payment from Roche on start of late stage trial of Alzheimer's drug

23 July 2015

Swiss privately-held AC Immune on Thursday said it has received an undisclosed milestone payment from the Swiss drug major Roche Group (VTX: ROG), which has now started a Phase III trial of AC Immune’s crenezumab to treat Alzheimer’s disease.

Chief executive of AC Immune, Andrea Pfeifer, said crenezumab has the potential to be one of the most promising therapies for this major global disease.

The Lausanne based company is engaged in the development of treatment for Alzheimer’s disease.

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