Company Directory > Biotech > TauRx Pharmaceuticals
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TauRx Pharmaceuticals is a clinical-stage biotechnology company dedicated to the development of innovative therapies and diagnostics for neurodegenerative diseases, specifically those characterized by tau protein aggregation, such as Alzheimer's disease and frontotemporal dementia (FTD). The company's research is built on the foundational science of tau aggregation inhibition, positioning it as a distinct alternative to the dominant amyloid-beta hypothesis in Alzheimer's research. Headquartered in Singapore with significant research operations in Aberdeen, Scotland, TauRx has remained a privately held entity. Its lead compound, hydromethylthionine mesylate (HMTM), is an oral small-molecule tau aggregation inhibitor that has completed Phase 3 clinical trials and is currently in the regulatory submission process. The company also maintains a joint venture, GT Diagnostics, which develops digital assessment tools for early detection and monitoring of neurodegenerative conditions.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:CNS therapeutics
SIZE & FINANCIALS
Employees:501-1000
Founded:2002
Ownership:private
Status:operating
FUNDING
Stage:Private
Investors:Genting Ventures, Dundee Corporation
PIPELINE
Stage:Phase 3
Lead Drug Stage:Pre-registration / Regulatory Submission
Modalities:Small molecule
Trial Phases:Phase 3: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:GT Diagnostics
Key Partnerships:University of Aberdeen (Research collaboration)
COMPETITION
Position:Challenger
Competitors:Alzheon, Eisai, Eli Lilly, AC Immune, Novo Nordisk
LEADERSHIP
Key Executives:
Claude Wischik - CEO and Co-Founder
Bjoern Schelter - Chief Analytics Officer
Scientific Founders:Claude Wischik
LINKS
Website:taurx.com
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