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Neurochem still expects study results in second quarter

Neurochem has said that it still expects results from its phase III clinical trial for Alzhemed in Alzheimer's disease to be released in the second quarter, despite a delay due to an adjustment to its statistical model.

The company also commented that the database for the North American phase III clinical trial for Alzhemed has been locked, which means that Neurochem has finished collecting data for the trial.

The analysis in the study is ongoing and entails employing an accurate statistical model that appropriately describes the data and provides accurate results.

Neurochem has been advised by its external team of statisticians that adjustment to the initial statistical model, as set out in the statistical plan, would be necessary to provide accurate results. Neurochem is still expecting its results on time despite being informed that it could take several weeks, perhaps longer, before the results are known.