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Mentara launches in Oz with PDE10A inhibitor for Parkinson's dyskinesia, targets Phase II in 2027

Mentara launches in Oz with PDE10A inhibitor for Parkinson's dyskinesia, targets Phase II in 2027

Sydney, Australia-based Mentara Therapeutics launched with backing from SPRIM Global Investments and the acquisition of MTA-304 (formerly EM-221), an investigational PDE10A inhibitor, from San Diego-based EuMentis Therapeutics. The company plans to initiate a Phase II trial in H1 2027 for levodopa-induced dyskinesia (LID), a common complication of Parkinson's disease treatment. Financial terms were not disclosed. ​

MTA-304 is a selective, second-generation PDE10A inhibitor originally discovered by Japan's Mochida Pharmaceutical. The compound is designed to modulate signaling in the striatum, a brain region involved in involuntary movements, potentially reducing dyskinesia without compromising levodopa's therapeutic effects. Three Phase I studies involving 86 participants demonstrated a favorable safety and tolerability profile, while preclinical studies showed reductions in dyskinesia. Human efficacy has yet to be established.

Levodopa-induced dyskinesia affects a substantial proportion of patients receiving long-term treatment for Parkinson's disease. Extended-release amantadine is currently the only US FDA-approved treatment specifically for LID, but adverse effects, including hallucinations and dizziness, can limit its use. MTA-304 is being developed as a potential alternative targeting a different signaling pathway.

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Under the acquisition agreement, EuMentis shareholders became shareholders in Mentara, while EuMentis was subsequently wound down. Mentara is led by CEO Frank Stonebanks, who previously headed EuMentis and served as Chairman and CEO of Renibus Therapeutics.


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