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AC Immune states that the number of families affected by Alzheimer’s disease could nearly triple by 2050

 


Frankfurt, November 7 (Reuters)-Alzheimer’s disease drug developer AC immunity (ACIU.O) In an interview with a German magazine, the company’s CEO predicts that the number of families affected by degenerative diseases will nearly triple from 2050 to 150 million.

The company recently secured millions of investments from key backers of German COVID-19 vaccine developer BioNTech. (22UAy.DE) While acquiring the potential for Parkinson’s disease vaccine.

Andrea Pfeifer, CEO of AC Immune, explained in an interview with the German business magazine Wirtschaftswoche, published online on Sunday, that the cause of Alzheimer’s disease is unknown. It has now affected 55 million families, she said.

Anchor investor at Atos-BioNTech, the holding company for Andreas and Thomas Struengmann (22UAy.DE) -After a deal signed a few weeks ago, MIG and First Capital Partner co-owned 12% of AC Immune with a financial company, Pfeifer said. The planned investment was announced in July.

Atos and MIG were involved in the establishment of BioNTech in collaboration with partner Pfizer. (PFE.N) We have developed the most widely used COVID-19 vaccine in Europe and the United States and are still a major shareholder.

Pfeifer said carrying Struengmann’s twins is a “blessing” for AC Immune.

“If anyone knows how to commercialize a vaccine, it’s a major investor in BioNTech,” she said.

AC Immune is working on several compounds of Alzheimer’s and Parkinson’s disease, including vaccines.

The company has not yet launched the drug.

Another investor in AC Immune is Dietmar Hopp through his biotechnology holding company Dietvani, just above 20%. There are also institutional investors and other individual investors.

Reported by Vera Eckert, edited by Susan Fenton

Our criteria: Thomson Reuters trusts the principles.

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2/ https://www.reuters.com/business/healthcare-pharmaceuticals/ac-immune-says-number-families-affected-by-alzheimers-could-nearly-triple-by-2021-11-07/

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