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DiaMedica Inc.

Drug Names(s): SAN-61

Description: SAN-AL-61 is a naturally occurring amyloid cleaving enzyme. It has also been suggested that SAN-AL-61 prevents glycogen synthetase kinase 3 - beta (GSK-3ß) activation, which in turn could prevent Tau hyperphosphorylation.

Deal Structure: DiaMedica and Sanomune
In December 2009, DiaMedica announced it has entered into a non-binding letter of intent to acquire all of the issued and outstanding shares of Sanomune Inc. In June 2010, the acquisition was completed.

SAN-AL-61 News

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