Saturday, November 6, 2010

Big Pharma looking for cure for Alzheimer's

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Nearly 100 drugs are in the clinical trial phase or under federal review for use in treating Alzheimer's disease or related dementias, pharmaceutical industry analysts report.

UPI.com reports American pharmaceutical companies are focusing in on 98 new drugs for dementia, mostly Alzheimer's disease, a report released Monday by the Pharmaceutical Research and Manufacturers of America, the industry's main lobbyist, BusinesWire.com reported.

PhRMA said that the medications are either in clinical trials or are being reviewed by the U.S. Food and Drug Administration, This work shows a major commitment to Alzheimer's disease, since each new drug costs, on average

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