Lilly and AstraZeneca announce alliance to co-develop potential treatment for Alzheimer's disease - Seite 2

"Alzheimer's disease is one of the biggest challenges facing medical science today and BACE inhibitors have the potential to target one of the key drivers of disease progression. We are looking forward to working with Lilly, a company with a long term commitment to and expertise in treating Alzheimer's disease," said Mene Pangalos, Executive Vice President, Innovative Medicines & Early Development at AstraZeneca. "We believe that, by combining the scientific expertise from our two organizations and by sharing the risks and cost of late-stage development, we will be able to accelerate the advancement of AZD3293 and progress a promising new approach to support the treatment of Alzheimer's patients around the world.

"What's more, this alliance will enable AstraZeneca to further sharpen our strategic focus on core therapeutic areas, while leveraging external collaborations to maximize the potential of the strong science we have in our growing pipeline," Pangalos said.

About Alzheimer's disease

Alzheimer's disease, a fatal illness, is the most common form of dementia, accounting for 60 to 80 percent of dementia cases.^[1] It continues to be one of the most significant health challenges facing the United States, with an estimated 5 million Americans over age 65 suffering from the disease.^[1] In the absence of significant change, Alzheimer's disease will cripple not only the families of aging baby boomers, but also the healthcare systems of many developed nations. The U.S. spends approximately $203 billion a year in direct expenses associated with Alzheimer's disease, and that number will grow to over $1 trillion by 2050^[1] if something is not done to affect the progression of the disease and delay the debilitating associated dementia.

About Eli Lilly and Company

Lilly is a global healthcare leader that unites caring with discovery to make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at lilly.co.uk.