Everything (Week 3) Flashcards
AlzeCure
ACD855 (NeuroRestore) - entering Phase 1 and ACD679 (Alzstatin) and AC25793 (steroid derivative that is a positive modulator of TrkA and TrkB for AD) - both preclinical
How does sleep/wake changes relate to abeta and tau? What about sleep deprivation?
Sleep/wake cause changes in neuronal activity/metabolism which seems to regulate abeta and tau level spreading in ISF. After sleep deprivation, tau increases by 40%, but no other proteins like NF-L or GFAP
What are the two ways to puff up income statement?
- Improperly increase revenue (usually by moving to different periods)
- Improperly lowered costs or expenses (Shifting between periods, making depreciation lower, probable liabilities not accrued, operating losses masked in discontinued operations)
What will Eisai trial use as primary endpoint for Phase 3?
CDR-SB
Sangamo programs
Many other programs, lead program is Hemophelia B in Phase 1/2; AAV-tauopathy program preclinical, ALS program partnered with Roche, HD partnered with Shire (both in research stages)
What is DARC? What clinical trials is it in?
Detecting apoptotic retinal cells - Injecting fluorescently labeled Annexin V dye into arm to label apoptosis to be taken up into retina. Phase 2 for Glaucoma, AMD, and AD
What is equation for Cash flow forcasting?
Total cash flow = Cash flow from operations (+Depreciation - Taxes) - Capital spending - Increase in Working Capital
What is NPV used for?
It is a good way to compare multiple different projects in a standardized way; it is a direct measure of expected value added to the company from executing the capital project
How does IRS-1 pS relate to cognitive dysfunction in AD?
IRS-1 pS abnormalities correlate with cognitive dysfunction independent of abeta and tau.
What is discount rate? What is another name?
Used to calculate NPV, like interest, but in reverse. Sometimes called the “hurdle rate” - company’s minimum acceptable return
What are the other prevention trials happening WW like FINGER? (5)
US-Pointer, UK-Finger, Maintain your brain - Australia, SINGER - Singapore, MIND FINGER - China
What is present value?
Calculations used to compare cash flows (cash spent and received) at different times in the future.
When was the last common ancestor of humans and chimpanzees?
7M years ago
What is the agent injected to look at BBB breakdown, what technique is utilized?
Gadolinium tracer; DCE-MRI (Dynamic contrast enhanced)
What is the FINGER study? What 4 interventions? What were the results?
FINGER is a 2 year longitudinal study testing lifestyle changes trying to prevent cognitive decline in at-risk elderly people testing diet, exercise, cognitive training, and vascular monitoring; also included a 5-7 year follow up study. 70% did all 4 interventions - showed 25% reduction on NTB and 30% lower risk for functional decline (AIDL) at 24 months (not segmented for abeta)
What is ADCOMS?
6 items of CDR-SB, 4 items of ADAS-Cog, 2 items of MMSE
In order to be safe, what do vaccines need to avoid?
Activation of autoreactive T-cells in the periphery
What is Abeta/Calpains/TrkB pathway?
Abeta leads to increased intracellular Ca which activates calpains which cleave TrkB into TrkB-T’ and TrkB-ICD to not allow for BDNF signaling
What is “Cost of equity capital”? WACC?
Expected return for VCs and interest rate for banks
WACC - Weighted average cost of capital - sum of individual percent ownership multiples by cost of equity to get expected average return. This can be used as benchmark to determine minimum future growth - sued as discount rate in NPV analysis
What are values measured in? What are examples (5)? What can it be measure in (2)?
Values are measured in currency.
PV, FV, Discounted value, terminal value, NPV
Nominal dollars (actual money) vs. real dollars (adjusted for inflation)
Alzemend Neuro
Therapeutic vaccine for AD (targeting immune response -dendritic cells); LiPoSal (Lithium, Proline, Salycylate) - leveraging cocrystal tech for AD
What are rates measured in? Give 4 examples and 3 specialized examples
Rates are measured in percentages and are associated with a time period.
Inflation rate, discount rate, hurdle rate, interest rate
Internal rate of return, return on investment, risk premium
What are the two ways to “cook the books” of the financial statements?
Usually affecting income statement or balance sheet.
At 90, what is relationship between AD pathology and dementia?
60% have AD pathology and dementia, 42% have AD pathology and no dementia - resilient or preclinical AD?
What 5 things need to happen for revenue to be appropriately recorded?
- An order has been received
- The actual product has been shipped.
- There is little risk the customer will not accept the product
- No significant additional actions are required by the company
- Title has transferred and the purchaser recognizes his responsibility to pay
When is interest tax deductible?
Interest is tax deductible as a business expense (effective cost of capital is lowered by the 34% expected tax savings) Ex: 10% interest x 66% = 6.6% cost of equity capital
What negative effects can growth factors have? How can you circumvent these?
Growth factors can cause toxic off target effects so need to inject locally.