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Prana Chief Scientific Advisor Receives Smithsonian American Ingenuity Award

MELBOURNE, Australia--(BUSINESS WIRE)--Prana Biotechnology Limited (ASX:PBT/NASDAQ:PRAN) is pleased to congratulate its Chief Scientist, Professor Rudy Tanzi, who has been awarded a Smithsonian American Ingenuity Award for his work researching Alzheimer’s disease.

“We congratulate Professor Tanzi on receiving this award, which recognises his work on Alzheimer’s and efforts to find effective treatments for this debilitating neurodegenerative disease”

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The American Ingenuity Award is the Smithsonian’s highest honour, recognising revolutionary breakthroughs in the arts, sciences, education and social progress.

Professor Tanzi shared the award for Natural Sciences with his research collaborator Dr Doo Yeon Kim.

“We congratulate Professor Tanzi on receiving this award, which recognises his work on Alzheimer’s and efforts to find effective treatments for this debilitating neurodegenerative disease,” said Prana CEO Geoffrey Kempler.

Professor Tanzi and Dr Kim received the award for developing a laboratory tool, dubbed “Alzheimer’s in a dish”, that enables researchers a chance to track the course of the disease and to quickly and cheaply test thousands of potential treatments that could halt its progress.

Prana is developing PBT2 as a treatment for Alzheimer’s disease. PBT2 is being developed for its potential to reduce beta- amyloid and tau levels and the toxic gain of function of these proteins to improve neuronal cell viability in the brain.

Professor Tanzi is the co-founding scientist of...


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