▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Hudson Therapeutics Announces Shaperon’s Entry $9.58 Billion Global Alopecia Areata Treatment Market

Hudson Therapeutics, a leading innovator in therapeutic solutions and a US subsidiary of Shaperon, announced Shaperon’s entry into the $9.58 billion global market for alopecia areata treatment. This...

Business Wire
  • Shaperon Introduces AI-Developed Alopecia Areata Drug Candidate.

CAMBRIDGE, Mass & RESEARCH TRIANGLE PARK, N.C. & SEOUL, South Korea: Hudson Therapeutics, a leading innovator in therapeutic solutions and a US subsidiary of Shaperon, announced Shaperon’s entry into the $9.58 billion global market for alopecia areata treatment. This significant development follows a breakthrough in identifying a candidate drug for alopecia areata through Shaperon’s proprietary AI-based drug development platform, AIDEN. The candidate drug has demonstrated over 100 times greater anti-inflammatory efficacy compared to existing therapies and has shown exceptional performance in preclinical studies.

Based on these promising results, Shaperon plans to discuss translational research with key opinion leaders (KOLs) in the field of alopecia areata at the European Academy of Dermatology and Venereology (EADV) meeting, scheduled from September 25th to 28th in Amsterdam. Additionally, they will explore a small-scale preclinical trial to evaluate the drug’s efficacy using alopecia areata patient tissue grafted onto mice.

Alopecia areata is an autoimmune disorder in which the body’s immune cells abnormally attack hair follicles, resulting in hair loss. Despite this, the exact cause and mechanism of alopecia areata remain unclear, making it one of the most challenging diseases to treat. Current therapies involve a limited number of immune-suppressing drugs, which require regular blood monitoring due to side effects like increased infection risk and cardiovascular complications.

“At this year’s European Dermatology Congress, we will accelerate discussions on our alopecia areata treatment alongside our atopic dermatitis drug, engaging global experts to expedite development,” said Dr. Seung-Yong Seong, CEO of Shaperon. “This will bring a new paradigm to the limited treatment options currently available for alopecia areata.”

He added, “The significance of this drug candidate lies in the fact that it’s the first drug discovered using Shaperon’s proprietary AI platform, AIDEN. Over the past decade, Shaperon has developed an anti-inflammatory drug targeting 'GPCR19,' and the pharmacological and toxicological data from hundreds of drug candidates were used to train AIDEN. Within 6 months, AIDEN successfully predicted the structure of a more effective and safer drug. This breakthrough, which typically takes more than 2 years, demonstrates the potential for AI-driven drug discovery. Following this success, we aim to apply AI technology to a broad range of inflammatory diseases and strengthen our early-stage licensing strategies.”

“This discovery marks a major milestone for us,” said Janice Marie McCourt, CEO of Hudson Therapeutics. “It is the first successful drug candidate developed using Shaperon’s AI platform, AIDEN, and we are proud to be at the forefront of this innovative technology. Our focus is now on moving quickly into the next stages of development and clinical trials, while actively exploring global out-licensing opportunities. By working with strategic partners worldwide, we aim to bring this potentially transformative treatment to patients who currently have limited options, establishing a new standard in alopecia areata care.”

Hudson Therapeutics and Shaperon will continue advancing global licensing strategies and early-stage collaborations, positioning the company as a leader in innovation and market growth within the autoimmune and inflammatory disease sectors.

According to the global market research agency ‘The Data Bridge Market Research’, the global market size of Alopecia Areata Treatment is expected to grow from about $9.58 billion in 2024 to $17.93 billion in 2031, with a Compound Annual Growth Rate (CAGR) of 17.93%.

ABOUT SHAPERON

Shaperon is a clinical stage biotech company developing novel inflammasome inhibitors. Its unique mechanism of action of GPCR19-P2X7 modulation suppresses a broad spectrum of inflammatory cytokines including IL-1β, IL-18, IL-6, and TNF-α by controlling both priming and activation phase of inflammasome, whereas conventional approaches are designed to suppress only the activation phase. With this unique and novel modality which is best suited to address complex immune-mediated inflammatory disorders, Shaperon is currently developing multiple clinical programs in atopic dermatitis, Alzheimer’s disease, and COVID 19 pneumonia in addition to pre-clinical pipeline assets, focused in MASH and obesity therapeutic areas.

ABOUT Hudson Therapeutics

Hudson Therapeutics, a US subsidiary of Shaperon was founded and incorporated in the US in 2023 to lead global clinical trials, investor relations, commercial strategy, and business development of assets from Shaperon. Hudson also plans to develop Shaperon's early-stage assets in the future.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Mutual of Omaha and Workday to Help Companies Enhance Employee Benefits…

Mutual of Omaha is excited to announce its relationship with Workday, Inc. to help employer-provided insurance customers improve their benefits programs…

UEFI Forum Releases the UEFI 2.11 Specification and the PI 1.9 Specification…

#Firmware--The UEFI Forum today announced the release of the Unified Extensible Firmware Interface (UEFI) 2.11 specification and the Platform Initialization…

Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to…

Sei Labs, the main contributor to Sei, the fastest Layer 1 EVM blockchain, today announced its latest roadmap, dubbed “Giga”, charting its path to becoming…

Swoop Celebrates Triple Recognition in PM360’s 13th Annual Innovations…

PM360's 13th Annual Innovations Issue recognizes Swoop for its cutting-edge contributions to data-driven healthcare marketing. Honored with three prestigious…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!