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**GLX1112** is an improved, reformulated version of an FDA-approved drug developed by Glialogix for progressive multiple sclerosis (MS). It acts as a first-in-class neuroprotective agent that has demonstrated efficacy in slowing disability progression in progressive MS patients, with preclinical studies funded by the National MS Society's Fast Forward. The company is also exploring secondary indications including amyotrophic lateral sclerosis (ALS) and testing in Alzheimer's disease mouse models by antagonizing a novel target, though clinical trials have not yet begun as of available data.
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