Axonyx Inc (AXYX)

[trade1]

The current medical treatments for Alzheimers only help to delay or prevent symptoms from becoming worse for a limited time and may help control some behavioral symptoms. Phenserine has been shown to have two mechanisms of action: (1) the inhibition of the AChE enzyme, and (2) inhibition of the synthesis of A beta - a protein thought to be a potential cause of Alzheimer's disease and its progression. I just don't think the market has grasped the potential market for Phenserine.

Today's study of Posiphen showed the ability of transplanted human neuronal stem cells (HNSC) to differentiate into neurons in the brain area where they are needed. Posiphen could be used to treat an assortment of brain injuries in addition to Alzheimer's.