# A Phase 1b Multiple Ascending Dose Study of the Safety and Tolerability of BMS-984923 in Alzheimer's Disease

> **NIH NIH R01** · YALE UNIVERSITY · 2023 · $988,498

## Abstract

Brain synapse loss in Alzheimer’s disease (AD) has been tightly correlated with cognitive symptoms 
and is triggered initially by amyloid beta (Aβ) accumulation. We have described a pathway in which 
soluble Aβ oligomers (Aβo) bind to cellular prion protein (PRPC), thereby engaging metabotropic 
glutamate receptor subtype 5 (mGluR5) as a co-receptor, and activating PTK2B (Pyk2) and Fyn kinases 
to couple with Tau pathology and synapse loss. Interrupting mGluR5 function rescues preclinical AD 
phenotypes, making it an attractive drug target. However, mGluR5 has a physiological role as a 
glutamate receptor and full inhibition impairs function. Consequently, typical antagonists have a 
narrow therapeutic window.
We have identified a highly potent, orally bioavailable mGluR5 ligand that does not alter basal or 
glutamate activity, but blocks Aβo/PrPC activation of mGluR5. This compound is considered a silent 
allosteric modulator, or SAM, for mGluR5, meaning "silent" with regard to glutamate, while 
antagonistic with regard to Aβo/PrPC. Preliminary studies demonstrate robust efficacy of this SAM 
compound for multiple preclinical mouse AD phenotypes as treatment recovers synapse density, 
restores long term potentiation and returns memory performance. Preclinical studies indicate low 
toxicity and high tolerability at proposed therapeutic doses.
The overall goal is to develop disease-modifying oral therapy effective to slow, halt or partially 
reverse AD progression both in the mild cognitive impairment (MCI) and mild dementia stages, which 
would substantially improve the lives of the nearly 6 million people in the US suffering from AD 
and many more worldwide, for whom no disease-modifying pharmacological treatments exist.
To evaluate the safety and tolerability of BMS-9884923 and to test its mechanism of action, we 
propose a Phase 1b trial coupled with a pilot study using novel in vivo imaging of synaptic density 
with PET. The imaging target is synaptic vesicle glycoprotein 2 (SV2), an essential synaptic 
vesicle membrane protein, with one of its isoforms, SV2A, ubiquitously expressed in virtually all 
synapses. We recently developed [¹¹C]UCB-J, a PET tracer for quantitative SV2A imaging in vivo. Our 
studies in amnestic MCI and dementia due to AD show widespread reductions of synaptic density that 
are most pronounced in the medial temporal lobe. Thus, [¹¹C]UCB-J PET can be used as an in vivo 
biomarker of synaptic density loss and regrowth in AD.
Our long-term goals are to develop an effective treatment for AD and a biomarker of treatment 
efficacy.
Our central hypotheses are that BMS-984923 will be safe and well tolerated, and that synaptic 
density PET will be an early marker of therapeutic response to treatments that target synapse 
restoration. Completion of this study in AD participants will have a significant impact by 1. 
evaluating a drug for advancement in AD clinical trials, 2. informing the design and methods of the 
subsequent tri...

## Key facts

- **NIH application ID:** 10690672
- **Project number:** 5R01AG073177-03
- **Recipient organization:** YALE UNIVERSITY
- **Principal Investigator:** Adam Peter Mecca
- **Activity code:** R01 (R01, R21, SBIR, etc.)
- **Funding institute:** NIH
- **Fiscal year:** 2023
- **Award amount:** $988,498
- **Award type:** 5
- **Project period:** 2021-09-30 → 2026-08-31

## Primary source

NIH RePORTER: https://reporter.nih.gov/project-details/10690672

## Citation

> US National Institutes of Health, RePORTER application 10690672, A Phase 1b Multiple Ascending Dose Study of the Safety and Tolerability of BMS-984923 in Alzheimer's Disease (5R01AG073177-03). Retrieved via AI Analytics 2026-05-22 from https://api.ai-analytics.org/grant/nih/10690672. Licensed CC0.

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