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Details:

OLT1177 (dapansutrile) is an oral NLRP3 Inhibitor, which is being evaluated for the treatment of patients with early parkinson’s disease.


Lead Product(s): Dapansutrile

Therapeutic Area: Neurology Product Name: OLT1177

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 20, 2024

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OLT1177 (dapansutrile) is an NLRP3 inhibitor which is being investigated in combination with pembrolizumab (Keytruda®) in patients with PD-1 refractory advanced melanoma.


Lead Product(s): Dapansutrile,Pembrolizumab

Therapeutic Area: Oncology Product Name: OLT1177

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Merck & Co

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 16, 2023

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The Michael J. Fox Foundation for Parkinson’s Research has awarded a grant from their Therapeutics Pipeline Program to support preclinical research evaluating Olatec Therapeutics’ lead compound, OLT1177 (dapansutrile), an investigational small molecule, in PD.


Lead Product(s): Dapansutrile

Therapeutic Area: Neurology Product Name: OLT1177

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: The Michael J. Fox Foundation

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Funding March 10, 2023

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The net proceeds will be used to advance OLT1177 (dapansutrile) into later stage clinical development. Dapansutrile is an investigational small molecule, that specifically binds to and blocks NLRP3, the sensor molecule integral in the formation of the NLRP3 inflammasome.


Lead Product(s): Dapansutrile

Therapeutic Area: Rheumatology Product Name: OLT1177

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sanders Morris Harris

Deal Size: $40.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing February 23, 2023

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Results suggest a potential therapeutic benefit for dapansutrile in patients with neuroinflammatory diseases, e.g., Alzheimer’s Disease. Preclinical results encourage clinical research with dapansutrile in Alzheimer’s Disease to investigate therapeutic effect in humans.


Lead Product(s): Dapansutrile

Therapeutic Area: Neurology Product Name: OLT1177

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 29, 2020

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The trial will evaluate the safety and efficacy of dapansutrile in approximately 80 ambulatory patients from diverse demographics, randomized 1:1 (dapansutrile:placebo) and treated for 14 days.


Lead Product(s): Dapansutrile

Therapeutic Area: Infections and Infectious Diseases Product Name: OLT1177

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 27, 2020

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