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NeuroSense CEO Provides Q3 2023 Update Phase 2b ALS topline results expected December 2023

Key Takeaway: NeuroSense Therapeutics has reported positive operational updates for Q3 2023, including the anticipation of Phase 2b ALS clinical trial topline results by December. The CEO emphasized the company's commitment to advancing treatments for severe neurodegenerative diseases despite challenges posed by recent regional violence. Notably, a non-sponsored study highlighted the effectiveness of their drug PrimeC. Additionally, NeuroSense is set to begin a Phase 2 trial for Alzheimer's disease and has received SME status from the European Medicines Agency.

Market Sentiment Analysis

POSITIVE FACTORS

  • Phase 2b ALS topline results expected by December 2023.
  • Outstanding effects of PrimeC demonstrated in a non-sponsored study.
  • Company shows resilience by continuing to develop neurological treatments amid regional conflict.

CONCERNS & RISKS

  • Risks of delays in clinical trial reporting or patient enrollment.
  • Potential uncertainties affecting the development of PrimeC.

Full Press Release Details

NeuroSense CEO Provides Q3 2023 Update
Phase 2b ALS topline results expected December
CAMBRIDGE, Mass., Oct. 17, 2023 /PRNewswire/ -- NeuroSense
Therapeutics Ltd. (Nasdaq: NRSN) ("NeuroSense"), a company developing treatments for severe neurodegenerative diseases,
today provided an update from its CEO, Alon Ben-Noon, on the Company's clinical and operational developments during and immediately
following the third quarter of 2023. The Company's amyotrophic lateral sclerosis (ALS) Phase 2b PARADIGM trial of PrimeC is expected
to report clinical topline results Q4 2023, and a Phase 2 Alzheimer's disease study is expected to enroll the first patient in
the next several weeks.
Non-Sponsored Study Demonstrated PrimeC has Outstanding Effect
on ALS Survival (LINK)
Received SME Status from European Medicines Agency & Opened
Office in Germany (LINK)
Granted Patents in Europe, Japan, and Israel for PrimeC (LINK)
Ended At-The-Market Equity Offering Program (LINK)
"On October 7, Israel endured an unprecedented brutal attack,
a massacre, by heinous terrorists identifying themselves as Hamas. I'm relieved to report that everyone at NeuroSense is safe.
However, we are heartbroken by this dreadful event and the number of brutally murdered and abducted innocent civilians. In the face of
such terror, NeuroSense's response remains resolute: we will continue to advance the frontiers of science and invest every effort
into developing effective neurological treatments for those in desperate need, without hesitation. Resilience and unity are key here,
and therefore we are also assisting people in dire need to recover and rebuild," stated Alon Ben-Noon, CEO of NeuroSense. "NeuroSense
had a very strong third quarter, as we confidently look ahead to reporting Phase 2b ALS clinical results for PrimeC before the end of
the year. The outstanding results from a non-sponsored study of PrimeC in an innovative ALS model further validate the results we've
been seeing in our human clinicals and in biomarker and in vitro studies."
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company
focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes
that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease,
among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available
for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of
related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit our website and
Forward-Looking Statements
This press release contains "forward-looking statements"
that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words
such as "anticipate," "believe," "contemplate," "could," "estimate," "expect,"
"intend," "seek," "may," "might," "plan," "potential," "predict,"
"project," "target," "aim," "should," "will" "would," or the negative
of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements
are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that
are difficult to predict and include statements regarding the cash runway of the Company, the timing of clinical top-line results of,
the results of, the PARADIGM clinical trial and the timing of a Phase 2 study for Alzheirmer's disease and patient enrollment regarding
a Phase 3 pivotal ALS study of PrimeC. Further, certain forward-looking statements are based on assumptions as to future events that may
not prove to be accurate. The future events and trends may not occur and actual results could differ materially and adversely from those
anticipated or implied in the forward looking statements. These risks include unexpected R&D costs or operating expenses, a delay
in the reporting of clinical top-line results from PARADIGM clinical trial, a delay in patient enrollment for a Phase 2 study for Alzheirmer's
disease or its planned Phase 3 pivotal ALS study of PrimeC; the potential for PrimeC to safely and effectively target ALS; preclinical
and clinical data for PrimeC; the timing of current and future clinical trials, timing for reporting data; the development and commercial
potential of any product candidates of the company; and other risks and uncertainties set forth in NeuroSense's filings with the
Securities and Exchange Commission (SEC)., You should not rely on these statements as representing our views in the future. More information
about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Annual Report
on Form 20-F filed with the Securities and Exchange Commission on March 22, 2023. Forward-looking statements contained in this announcement
are made as of this date, and NeuroSense Therapeutics Ltd. undertakes no duty to update such information except as required under applicable
For further information: Email: info@neurosense-tx.com, Tel: +972 (0)9

Frequently Asked Questions

When will NeuroSense report ALS Phase 2b results?

NeuroSense plans to report Phase 2b ALS topline results in December 2023.

What is NeuroSense's focus area?

NeuroSense focuses on developing treatments for severe neurodegenerative diseases.

What study is NeuroSense conducting for Alzheimer's disease?

NeuroSense is set to enroll the first patient in a Phase 2 Alzheimer's study soon.

What recent recognition did NeuroSense receive?

NeuroSense received SME status from the European Medicines Agency.

What type of therapies is NeuroSense developing?

NeuroSense is developing combined therapies targeting multiple pathways of diseases.

Last updated: Oct 17, 2023