Niagen Bioscience (NAGE) said Wednesday that its NAD Pharmaceuticals unit will undertake a pharmaceutical program to develop therapies for accelerated aging and rare genetic diseases.
The program will primarily focus on how NAD+, a coenzyme vital for energy metabolism, DNA repair, mitochondrial function and cellular stress responses, modulates in rare diseases for which DNA misrepair and mitochondrial dysfunction are foundational underlying causes, the company said.
Niagen said that NB4168, a derivative of the NAD+ precursor nicotinamide riboside, is the first investigational pharmaceutical product candidate within the program, with Ataxia Telangiectasia as the initial indication.
Shares of the company were up 1.5% in Wednesday's premarket trading.
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