Alterity Presents Promising ATH434 Impact at AAS Symposium
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Released
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Alterity Therapeutics Presents Promising Impact of ATH434 on Orthostatic
Hypotension and Disease Progression in MSA at the 36th
International
Symposium on the Autonomic Nervous System
– Data highlights symptom stability and enhanced efficacy signals in higher dose group –
– Analysis offers valuable insights to guide ongoing development and planning of Phase 3 –
MELBOURNE, AUSTRALIA AND SAN FRANCISCO, USA – 10 November 2025: Alterity
Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology
company dedicated to developing disease modifying treatments for neurodegenerative diseases,
today announced that analyses on the baseline characteristics related to orthostatic
hypotension (OH) from the ATH434-201 randomized, double-blind Phase 2 clinical trial in
Multiple System Atrophy (MSA) were featured in an oral presentation at the American
Autonomic Society (AAS) 36th International Symposium on the Autonomic Nervous System that
took place in Clearwater Beach, Florida, USA.
"As we continue to closely examine the outcomes from our clinical trials, our confidence grows
that ATH434 has the potential to profoundly impact MSA treatment and alter the course of
disease progression,” said David Stamler, M.D., Chief Executive Officer of Alterity. “Our recent
presentation at AAS highlighted the effect of orthostatic hypotension (OH), a critical symptom of
MSA that predicts rapid disease progression. It is clear that future studies will need to control for
clinical parameters such as OH, which can significantly affect disease trajectory. These data are
very important as we design our Phase 3 protocol and prepare for our upcoming FDA interactions.
We are actively planning this pivotal stage of our program in order to bring a meaningful
treatment option to patients with MSA."
Oral Presentation Highlights:
Efficacy of ATH434 in Multiple System Atrophy (MSA) is Affected by Baseline Disease
Characteristics
Lead Author: Daniel Claassen, M.D., M.S., Professor of Neurology at Vanderbilt University
Medical Center and Coordinating Investigator for the ATH434-201 Phase 2 study
Presenter: Amy E. Brown, M.D., M.S., Assistant Professor, Movement, Department of
Neurology, Vanderbilt University Medical Center
The oral platform presentation provided a review of the ATH434-201 trial results with an
emphasis on the baseline characteristics and analyses related to orthostatic hypotension (OH).
OH is a form of low blood pressure that occurs when a person stands up from a sitting or lying
position, resulting in symptoms like dizziness, lightheadedness, or fainting. OH is is one of the
most debilitating MSA symptoms the severity of which is a predictor of rapid disease progression.
In the trial, severe OH is defined as a sustained decrease in systolic blood pressure > 30mm Hg
after three minutes of standing. Baseline data from the trial revealed that severe OH was
substantially higher in the 75 mg dose group at 29.2% of participants, versus 4% in the 50 mg arm
and 4.5% in the placebo arm. When orthostatic blood pressure change was used as a covariate
in the analysis of the UMSARS I1 at 52 weeks, the efficacy signal in 75 mg dose group strengthened
from -2.4 to -2.8 points, improving the relative treatment effect from 30% to 35%. This baseline
difference in severe OH largely explains the different responses in the 50 mg and 75 mg treatment
groups.
Notably, ATH434 demonstrated similar patterns of efficacy across dose groups as assessed with
the OH Symptom Assessment, a patient reported outcome that has previously been used as the
basis for FDA approval of OH therapies. On this scale, placebo patients worsened on average by
approximately 6 points over 52 weeks whereas the 50 mg and 75 mg groups were stable over the
same period of time.
The presentation will be available on the Alterity Therapeutics website here.
About ATH434
Alterity’s lead candidate, ATH434, is an oral agent designed to inhibit the aggregation of
pathological proteins implicated in neurodegeneration. ATH434 has been shown preclinically to
reduce α-synuclein pathology and preserve neuronal function by restoring normal iron balance
in the brain in preclinical animal models. As an iron chaperone, it has excellent potential to treat
Parkinson’s disease as well as various Parkinsonian disorders such as Multiple System Atrophy
(MSA). Positive results from the randomized, double-blind, placebo-controlled Phase 2 clinical
trial in patients with MSA demonstrated robust clinical efficacy, target engagement on key
biomarkers, and a favorable safety profile. Positive data from a second Phase 2 open-label
biomarker trial in patients with more advanced MSA reinforced these results. Phase 3 planning
is actively underway. ATH434 has been granted Fast Track Designation by the U.S. Food and Drug
Administration (FDA), and Orphan Drug Designation by the FDA and the European Commission
for the treatment of MSA.
About ATH434-201 Phase 2 Clinical Trial
The ATH434-201 Phase 2 clinical trial is a randomized, double-blind, placebo-controlled
investigation of 12 months treatment with ATH434 in patients with MSA. The study evaluated
the efficacy, safety and pharmacokinetics of ATH434 as well as the effect of ATH434 on
neuroimaging and protein biomarkers. Wearable sensors were employed to evaluate motor
activities outside of the clinic. The study enrolled 77 adults who were randomly assigned to
receive ATH434 50 mg or 75 mg twice daily or matching placebo. The data showed that,
compared to placebo, ATH434 produced clinically and statistically significant improvement on
the modified Unified Multiple System Atrophy Rating Scale (UMSARS) Part I, a functional rating
scale that assesses disability on activities of daily living affected in MSA. Additional efficacy
assessments demonstrated improvement consistent with the positive UMSARS Part I findings
including trends in improved motor performance on the Parkinson’s Plus rating scale, the Clinical
Global Impression of Severity Scale, and the Orthostatic Hypotension Symptom Assessment (a
patient reported outcome). Wearable sensor data indicated that ATH434 also led to increased
activity in an outpatient setting. Biomarkers were used to evaluate potential drug effect and
target engagement relative to placebo. Both dose levels reduced iron accumulation in MSA
affected brain regions with trends in preservation of brain volume. ATH434 was well tolerated
with similar adverse event rates compared to placebo and no serious adverse events attributed
to ATH434. Additional information on the Phase 2 trial can be found by ClinicalTrials.gov
Identifier: NCT05109091.
About Multiple System Atrophy
Multiple System Atrophy (MSA) is a rare, neurodegenerative disease characterized by failure of
the autonomic nervous system and impaired movement. The symptoms reflect the progressive
loss of function and death of different types of nerve cells in the brain and spinal cord. It is a
rapidly progressive disease and causes profound disability. MSA is a Parkinsonian disorder
characterized by a variable combination of slowed movement and/or rigidity, autonomic
instability that affects involuntary functions such as blood pressure maintenance and bladder
control, and impaired balance and/or coordination that predisposes to falls. A pathological
hallmark of MSA is the accumulation of the protein α-synuclein within glia, the support cells of
the central nervous system, and neuron loss in multiple brain regions. MSA affects up to 50,000
individuals in the U.S., and while some of the symptoms of MSA can be treated with medications,
currently there are no drugs that are able to slow disease progression and there is no cure.2
About Alterity Therapeutics Limited
Alterity Therapeutics is a clinical stage biotechnology company dedicated to creating an alternate
future for people living with neurodegenerative diseases. The Company is initially focused on
developing disease modifying therapies in Parkinson’s disease and related disorders. Alterity has
demonstrated clinically meaningful efficacy for its lead asset, ATH434, in a randomized, double-
blind, placebo-controlled Phase 2 clinical trial in participants with Multiple System Atrophy
(MSA), a rare and rapidly progressive Parkinsonian disorder. ATH434 recently reported positive
data in its open label Phase 2 clinical trial in advanced MSA. In addition, Alterity has a broad drug
discovery platform generating patentable chemical compounds to treat the underlying pathology
of neurological diseases. The Company is based in Melbourne, Australia, and San Francisco,
California, USA. For further information please visit the Company’s website at
www.alteritytherapeutics.com.
1 UMSARS I: Unified Multiple System Atrophy Rating Scale Part I
2
Multiple System Atrophy | National Institute of Neurological Disorders and Stroke (nih.gov)
Authorisation & Additional information
This announcement was authorized by David Stamler, CEO of Alterity Therapeutics Limited.
Contacts:
Investors
Remy Bernarda
Investor Relations Advisory Solutions
ir@alteritytx.com
+1 (415) 203-6386
Media
Casey McDonald
Tiberend Strategic Advisors, Inc.
cmcdonald@tiberend.com
+1 (646) 577-8520
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of section 27A of
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Company's drug development program, including, but not limited to the initiation, progress and
outcomes of clinical trials of the Company's drug development program, including, but not
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relating to the difficulties or delays in financing, development, testing, regulatory approval,
production and marketing of the Company’s drug components, including, but not limited to,
ATH434, the ability of the Company to procure additional future sources of financing,
unexpected adverse side effects or inadequate therapeutic efficacy of the Company's drug
compounds, including, but not limited to, ATH434, that could slow or prevent products coming
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