HighTide Therapeutics Inc. is Invited to Present at the 7th Edition of the Future Investment Initiative (FII): The New Compass, in Riyadh, Saudi Arabia
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Berberine ursodeoxycholate (HTD1801), a new molecular entity (NME) being developed by HighTide for the treatment of nonalcoholic steatohepatitis (NASH) and type 2 diabetes (T2DM), is an ionic salt formed between berberine and ursodeoxycholic acid. Berberine has been reported to combat aging and aging-related diseases via anti-oxidation and AMPK activation; and chronic ursodeoxycholic acid administration suppresses age-related inflammatory responses and improves age-related obesity and insulin resistance.
"We are very excited to join a group of worldwide renowned leaders, top CEOs, leading investors, policymakers, entrepreneurs, and innovators to discover the new markets and navigate new frontiers of economic growth and prosperity. In additional to aging, both NASH and T2DM represent a significant burden in the Middle East, and we are very excited by the opportunity to develop HTD1801 to serve patients' needs in the Middle East," said Dr. Liu.
The FII Conference, hosted by the Future Investment Initiative (FII) Institute, has been held for seven consecutive years and has developed into one of the most important economic and investment forums in the Middle East. This year's conference (FII7) was attended exclusively by FII Institute members, strategic partners, decision-makers, and international leaders, and is expected to draw 5,000 delegates attending sessions covering a wide variety of issues with global impact.
About HighTide Therapeutics
HighTide Therapeutics, Inc. is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional multi-targeted therapies with poly-indications across metabolic and digestive diseases with significant unmet medical needs. The company is developing multiple clinical assets, including therapy for nonalcoholic steatohepatitis (NASH), type 2 diabetes (T2DM), severe hypertriglyceridemia (SHTG), primary sclerosing cholangitis (PSC) and primary biliary cholangitis (PBC). Berberine ursodeoxycholate (HTD1801), the company's lead drug candidate, received Fast Track designation from the U.S. FDA for both NASH and PSC, as well as Orphan Drug designation for PSC. In China, HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project.
For more information, please visit www.hightidetx.com.
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