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January 3, 2020

New Alzheimer’s drug launches in China amid efficacy doubts

By GlobalData Healthcare

Shanghai Green Valley Pharmaceuticals’ new Alzheimer’s disease drug, Oligomannate, has been conditionally approved in China and became available for purchase in late December. This is the first novel Alzheimer’s disease drug to be approved in almost two decades. While there is global scepticism surrounding the drug’s efficacy, Shanghai Green Valley Pharmaceuticals plans to conduct a multinational clinical trial across North America, Europe, and Asia.

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While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
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  • How might the Chinese government react?
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by GlobalData
Enter your details here to receive your free Whitepaper.

Oligomannate is derived from brown seaweed, and was developed after observations that elderly individuals with high consumption of seaweed demonstrated lower rates of Alzheimer’s disease. Further research published in The Journal Cell Research by scientists at the Shanghai Institute of Materia Medica resulted in the identification of a compound in seaweed that had the ability to reduce both brain inflammation and the buildup of proteins that are harmful to neurons. In Chinese clinical trials, the drug was found to be effective at improving cognitive function in cases of mild to moderate Alzheimer’s disease.

International scientists have considered Oligomannate’s clinical trials to be scant on details. Oligomannate’s efficacy has not yet been compared to that of other Alzheimer’s treatments, and the long-term effects of Oligomannate treatment are currently unknown.

Alzheimer’s disease affects over five million individuals in the US and an estimated ten million individuals in China. Shanghai Green Valley Pharmaceuticals is well-positioned to capitalize on a market with a massive patient pool and little competition, although global clinical trials will be required to prove the utility of Oligomannate as a viable treatment for Alzheimer’s disease beyond China’s borders.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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