Abstract
Alzheimer’s disease (AD) is a chronic disabling disease that affects the central nervous system. The main consequences of AD include the decline of cognitive functions and language disorders. One of the causes leading to AD is the decrease of neurotransmitter acetylcholine (ACh) levels in the brain, in part due to a higher activity of acetylcholinesterase (AChE), the enzyme responsible for its degradation. Many acetylcholinesterase inhibitors (AChEIs), both natural and synthetic, have been developed and used through the years to counteract the progression of the disease. The first of such drugs approved for a therapeutic use was tacrine, that binds through a reversible bond to the enzyme. However, tacrine has since been withdrawn because of its adverse effects. Currently, donepezil and galantamine are very promising AChEIs with clinical benefits. Moreover, rivastigmine is considered a pseudo-irreversible compound with anti-AChE action, providing similar effects at the clinical level. The purpose of this review is to provide an overview of what has been published over the last decade on the effectiveness of AChEIs in AD, analysing the most relevant issues under the clinical and methodological profiles and the consequent possible welfare effects for the whole world. Furthermore, novel drugs and possible therapeutic approaches are also discussed.
Keywords
Introduction
Alzheimer’s disease (AD) was first discovered in 1901 by Dr. Alois Alzheimer, a German psychiatrist who described its typical symptoms in one of his patients. Nowadays, AD is one of the most studied neurodegenerative disorders, due to its commonness worldwide. Indeed, about 30 million people are currently affected by the disease, 1 and the number is expected to double in the coming decades. 2 AD is one of the most common neurodegenerative diseases in the older population, with a typical onset after age 65, and it is characterized by a slow, gradual and irreversible deterioration of cognitive and mental functions. In addition, the disease entails considerable memory loss and inability to form new memories, ultimately leading to behavioural disorders. Disease progression is usually different for each patient, also due to pre-existing or concomitant illnesses that may be responsible for the severity of observed symptoms. However, AD presents a number of common clinical manifestations and, as a rule, is often anticipated, even decades before its actual onset, by the so-called mild cognitive impairment (MCI), a very slow decline of many and varied cognitive functions related to memory, orientation and verbal skills.
The exact causes of AD occurrence and progression are not fully understood yet. From the knowledge we possess so far, AD can be considered as a multifactorial pathology, that depends on a combination of both genetic and environmental factors. 1 Currently, there are 7 competing hypotheses associated with AD onset:
Deposition of beta-amyloid aggregates, by the improper cleavage of the precursor protein of amyloid (APP)4,5;
Precipitation of intracellular neurofibrillary tangles, due to hyperphosphorylation of tau proteins6,7;
Chronic peripheral8,10 and neuro-inflammation 11 by microglial activation;
Metabolic disorders such as those provoked by dysregulation of cholesterol homeostasis, 14 type 2 diabetes and obesity.15,16
For the sake of clarity, only the implications of cholinergic system alteration will be discussed in detail in the present review. According to such hypothesis, the typical slowing down of learning and memory processes found in AD is mostly caused by a decrease of acetylcholine (ACh) neuronal levels, leading to a loss of cholinergic transmission at pre-synaptic level. Therefore, many pharmacological strategies have been designed with the aim to slow down AD symptoms and restore ACh levels in the synaptic cleft, for example, the use of ACh precursors or cholinergic agonists to ameliorate ACh synthesis and effects, respectively. Unfortunately, such strategies were mostly ineffective in AD treatment, due to severe side-effects.
The decrease in ACh levels can be due, on one hand, to a limited activity of the enzyme choline O-acetyltransferase (ChAt), responsible for its synthesis, and, on the other, to an increased catalytic functioning of acetylcholinesterase (AChE), the enzyme responsible for its degradation. 3 The latter enzyme was often chosen as a target of therapeutic approaches aiming at its inhibition. 17 The mechanism of action of AChE inhibitors (AChEIs) is particularly effective since it leads to an increase in ACh concentrations at synaptic level, with the consequent improvement of cholinergic neurotransmission and recovery of cognitive functions in AD patients. However, AChEIs do not lack adverse reactions or toxicity; in some cases, they also presented a short half-life and non-selectivity in enzymatic inhibition. Indeed, AChE is not the only cholinesterase (ChE) present in the human body. In fact, while AChE can be found in blood and neuronal synapses, butyrylcholinesterase (BuChE) is the main ChE in liver, glia, neurons and in tangles and neuritic plaques. 18 The principal difference between the two enzymes is represented by their physiological substrates: ACh and butyrylcholine (BuCh), respectively.19,20 Many ChE inhibitors (ChEIs) are unable to distinguish between AChE and BuChE, thus lacking proper selectivity. In such context, much interest has been focused through the years on the design and development of novel specific AChE inhibitors.
Acetylcholinesterase
AChE (EC 3.1.1.7) 21 is a pivotal enzyme involved in the cholinergic nervous system, that includes both the peripheral and central nervous systems. Its main activity is the catalysis of ACh hydrolysis, thus yielding choline and acetate ions.
AChE can exist in two different molecular forms: simple homomeric oligomers of catalytic subunits (monomers, dimers and tetramers) and heteromeric associations of catalytic and structural subunits. 22 Homomeric oligomers are usually found in soluble form inside cells, presumably intended to be secreted or associated with the external membrane through attachment to a glycol-phospholipid. Heteromeric AChEs are instead frequently found in neuronal synapses, usually consisting of a tetramer of catalytic subunits bound through disulphide bridges to a 20 kDa structural subunit, associated with a lipid and localized on the outer surface of the cell membrane.
Molecular cloning has shown that one single gene encodes for all AChE forms found in vertebrates. In fact, alternative splicing results in distinct gene products that differ in their C-terminal sequence, while presenting the same conserved catalytic core. Thus, AChEs of different species usually share substrate selectivity and specificity of inhibition.
From a kinetic point of view, AChE is one of the most efficient enzymes ever studied: indeed, a single molecule of AChE is able to hydrolyse 6 × 105 molecules of ACh
The 3-dimensional structure of the dimeric form of AChE from

Crystal structure of TcAChE (PDB: 2ACE), shown in cartoons coloured by secondary structure elements (α-helices in red, β-sheets in light blue and loops in grey). ACh bound in the active site is shown as yellow sticks.

Mechanism of ACh hydrolysis catalysed by AChE.
Acetylcholinesterase Inhibitors
Inhibitors (either drugs or toxins) that show an effect on ChEs’ functioning can be divided into two classes according to their structure and mechanism of action: (i) molecules that interact with the enzyme by covalent bonds, such as organophosphates and carbamates; (ii) molecules that are able to establish reversible bonds with the enzyme and usually contain aminic groups. The resolution of the crystallographic structure of AChE in complex with different inhibitors was particularly useful for the elucidation of inhibition mechanisms. 22
The cholinergic deficit in AD has led to the therapeutic use of reversible AChE inhibitors, drugs with indirect parasympathetic mimic action. Such inhibitors, by blocking the activity of the enzyme, maintain the cerebral availability of ACh and can thus compensate, but not stop, cells death caused by the disease. They can also lead to improvement of some cognitive (memory, attention) and behavioural (apathy, agitation, hallucinations) symptoms during the mild phase of the disease. 25 Unfortunately, such capacity decreases with the progression of the neurodegenerative disorder. AChE inhibitors are not free from side effects, with the most common being nausea and, in some cases, cardiac arrhythmia.26,27 Nonetheless, they are still the first choice in AD treatment, even though only few patients respond to therapy. This is probably due to vascular system health in AD patients, that could lead to blood-brain barrier (BBB) dysfunctions28,29 and to lower permeability for anticholinesterase drugs.30,31 It is thus necessary to adapt the dosage to the patient’s individual characteristics during treatment. Classic AChEIs still in use are donepezil, galantamine and rivastigmine 32 all approved by both Food and Drug Administration and European Medicine Agency. Tacrine (1,2,3,4-tetrahydroacridin-9-amine; Figure 4), the first commercialised AChE/BuChE inhibitor (1993) 33 with a non-competitive and rapidly reversible inhibition mechanism, was instead withdrawn in 2013 because of its severe hepatotoxicity 34 and is used nowadays only as a reference due to its impressive IC50 of 77 nM.
The State of the Art
Most clinical studies were designed to test the possible effects of new drugs with respect to placebo-treated controls. Unfortunately, only few studies entailed direct comparison of different inhibitors. This disparity can be mainly attributed to pharmaceutical governing laws, that consider placebo-controlled studies sufficient for the assessment of the effectiveness and safety of new drugs. However, such features would be determined more reliably with comparison of head-to-head inhibitors, also belonging to different chemical classes.
In addition, some of the known ChEs inhibitors have additional effects on other biochemical processes involved in the complex etiopathogenetic mechanisms of AD. 35 For this reason, cholinesterase inhibitors can be divided into two general classes: (i) ‘single target’ ligands that specifically inhibit AChE/BuChE; (ii) ‘multi-target’ cholinesterase inhibitors that exert effects on other enzymatic routes (generally mediated by monoamine oxidases) and modulate other biological pathways (eg, inflammation, free radical production) responsible for the pathogenesis of AD (Table 1).
Main features of cholinesterase inhibitors.
Single-Target ChEs Inhibitors
Inhibitors currently in use
Donepezil

Structure of AChE inhibitors currently in use.
Rivastigmine
Approved for AD treatment in 2000,
Galantamine
Approved for AD treatment in 2001,
Natural inhibitors
Huperzine A

Structure of natural AChE inhibitors.
Physostigmine derivatives
Classic ChE inhibitors were used as a model for the design of new possible ligands,
20
for example,
Tolserine
Eseroline
Unlike
Cardanol derivatives
Tacrine analogues
Several synthetic analogues incorporating the main functional moieties derived from diverse chemotypes (eg, from acridine, quinoline, carbamates and other heterocyclic analogues) showed the desired pharmacological effects. Among them, many
Multi-Target Cholinesterase Inhibitors
Ladostigil
Recent advances in organic chemistry and pharmacology allowed the synthesis of multifunctional compounds which, acting at different levels, may allow better control over AD progression.

Structure of
Hybrid molecular structures
In the search for effective AChE inhibitors, researchers decided to investigate the possibility of synthetizing hybrid molecules. These ligands were developed with the aim to either bind to both catalytic and peripheral sites in AChE or have an additional action on β-amyloid (Aβ) aggregation.
The first of such compounds,
Other two hybrid inhibitors,
Particularly interesting data were obtained on a
Furthermore,
Natural organic compounds
Flavonoids
Flavonoids are a group of natural compounds with a well-known free-radical-scavenging capacity. They can be extracted from plants and were extensively used in traditional Chinese medicine. Among them,
Phenserine
Chalcone derivatives
Chalcone is an aromatic ketone that forms the central core for a variety of important biological compounds, collectively known as chalcones or chalconoids. Such compounds are selective AChE inhibitors and also possess anti-Aβ aggregation properties, 68 thus they were selected as promising scaffolds for the development of new drugs for AD treatment.
Among them, the flavanone
Metabolites from marine algae
During the past decade, many researchers worldwide focused their attention on various algal metabolites, 73 including phenolic compounds, alkaloids, terpenes, phytosterols, polysaccharides, tannins and carotenoids. Several preclinical studies have confirmed the neuroprotective activity of such compounds in a range of neurodegenerative and traumatic events (eg, stroke) as well as in metabolic disorders (diabetes, obesity). Moreover, algal metabolites possess promising antioxidant and anti-inflammatory properties and can participate in defence mechanisms.74,75
Several algal metabolites, such as

Structure of algal metabolites as promising novel drugs to treat AD.
In particular,
The chemical features and effects of algal metabolites suggest a possible use in drug design studies and make them, once safety has been verified, also evaluable in clinical trials.
Novel Therapeutics by Marine Algae
The continuing failure of therapies aimed at reducing β-amyloid deposits and/or tau protein aggregates is guiding research efforts towards the discovery of new and more effective therapeutic strategies, that take into account the involvement of alternative pathways in the pathogenesis and progression of AD. In such context, numerous studies, both on animal models and humans, have shown a correlation between gut microbiota dysbiosis and neuroinflammation in AD. 85 In particular, gut microbiota alterations in AD mouse models led to the accumulation of phenylalanine and isoleucine in peripheral blood, prompting the activation, proliferation and differentiation of type 1 (Th1) T helper cells. Once in the brain, such cells stimulate and support the neuroinflammatory process through the activation of microglia cells (M1). 86 The same study reported that the administration of the algal oligosaccharide sodium oligomannate (GV-971) led to a restored homeostasis of the gut environment, thus inhibiting the onset of the neuroinflammatory process. In fact, the amount of compound reaching the brain through the blood-brain barrier (BBB) inhibited the formation of novel amyloid fibrils and led to the degradation of pre-formed ones into non-toxic monomers, while simultaneously restoring gut microbiota and reducing immune response. 86 Taken together, such effects led to a general improvement of cognitive processes.
Sodium oligomannate also showed neuroprotective effects against Aβ toxicity in neuroblastoma cells 87 and was able to revert memory disorders in the 5XFAD transgenic animal model. 86 GV-971 was developed by Shanghai Green Valley Pharmaceuticals and approved for first clinical use in patients with mild to moderate AD by National Medical Products Administration (NMPA; Chinese equivalent of the FDA) in November 2019. 88 The 9-month trial showed a clear recovery of cognitive functions in participants compared to baseline (ADAS scale) but no disease-specific biomarker was monitored in the trial. However, thanks to such studies, neuroinflammation triggered by gut dysbiosis is now recognised as a target for the development of future therapies. 89
Currently, sodium oligomannate has completed the first phase 3 clinical trial 90 (recommended dosage: 450 mg twice a day) and represents the first new drug approved for therapeutic use since 2003.91,92
New Approaches in Clinical Trials
As already mentioned, neurodegenerative diseases have a multifactorial aetiology and involve different physiological processes and pathogenetic mechanisms that are usually difficult to characterise in detail. Over the past 5 years, such multifactorial features led to the design of novel therapeutics.
In fact, unlike cholinesterase inhibitors that have specific targets and mechanisms of action, many compounds currently under preclinical and/or clinical study have multiple biological targets and can be considered as disease-modifying therapeutics (DMTs), able to act on AD onset and progression.92,93 According to the federal government’s database, that collects most data from clinical trials around the world, DMTs represent the 59% of compounds currently in phase 3 trials, with most of them including amyloids as a target. 93 The remaining 41% comprises symptomatic drugs, that lead to the improvement of cognitive and memory functions as well as neuropsychiatric symptoms in advanced stages of AD without acting on the actual biological causes of the disease. However, some compounds, for example, sodium oligomannate, may also act both as symptomatic drugs and DMTs.
From a methodological point of view, symptomatic therapy is cost-effective and easier to study, with no need for a large number of samples and usually completed in a relatively short time (3-6 months). On the other hand, the development of DMTs is way more expensive and time-consuming (12-24 months), also due to the absence of precise pathways and mechanisms of action.
However, symptomatic treatments and DMTs are both important for successful therapies. In fact, many clinical trials also entail the combination of both approaches, 91 leading to slowdown of disease progression, reduced local toxicity and increased neuroprotection.94,95
AD phase 3 trials
Despite DMTs being the compounds of choice in clinical trials, the number of anti-amyloid agents studied in advanced AD declined in 2019 and 2020. 96 Such compounds are mostly evaluated in stages of the disease preceding the clinical manifestations of dementia, taking as reference the Research Framework 97 to define the AD stages and the FDA guidance98,99 for the design and development of cognitive scales appropriated for early AD. According to Research Framework, AD stages preceding dementia are the preclinical (β-amyloid and tau biomarkers are present without cognitive impairment), and the prodromal (presence of brain changes and not disabling mild cognitive impairment MCI). 97 DMTs are particularly effective in preclinical AD trials, leading to a slowdown of disease progression towards MCI and dementia.100-102
Currently, there are 29 agents under study in 36 phase 3 AD clinical trials. Of such drugs, 17 are DMTs (5 biological agents, 12 small molecules) and 12 are symptomatic (4 cognitive enhancers, 8 targeting behavioural symptoms). Recognised targets include amyloid (n = 6 agents, including monoclonal, vaccine and anti-aggregation antibodies), synaptic plasticity/neuroprotection (n = 4), inflammation/infection/immunity (n = 3), metabolism/bionergetics (n = 2), tau and vascularisation (n = 1). Participants in the 36 trials are in different stages of AD: cognitively normal (4 trials), prodromal/MCI or prodromal/mild (11 trials), cognitively normal and MCI/mild (1 trial), mild/moderate (11 trials) and mild/severe (9 trials). 103
Many DMTs (including Aβ-targeting agents and β-secretase 1 inhibitors) failed in phase 3 clinical trials due to enrolment of patients with symptomatic AD, toxicity or lack of significant effects. 104 Aducanumab, a monoclonal antibody tested in two phase 3 clinical trials in 2019, had been declared ineffective by preliminary statistical results. The antibody, developed by the companies Biogen and Eisai, then showed good effects in better designed studies (ENGAGE and EMERGE), 105 showing reduction in beta-amyloid plaques and stabilisation of cognitive decline in early-stage patients. These data led the two pharmaceutical companies to submit the antibody for approval by FDA. 106
Symptomatic drugs also had their share of failure, also due to the inability to confirm with PET the presence of amyloid plaques in the brains of selected subjects. Fortunately, research on biomarkers has recently improved with the development of ultra-sensitive methods capable of measuring analytes present even at low concentrations in the blood, reflecting pathological changes at a central level. 91
Considerations on preclinical AD phase 3 trials
To date, no drug was approved for preclinical AD but 7 phase 3 trials are currently in progress. 107 Of these, 3 involve compounds that act on amyloid deposits (reducing or preventing their formation) and 4 involve neuroprotective drugs (Table 2). 107 Scale–cognitive subscale (ADAS-cog), clinical dementia rating (CDR) score, and Mini-Mental Status Examination (MMSE) assess both cognitive and functional outcomes 98 in trials concerning early-stage AD with absent or limited cognitive deficits. 108 Participants in such trials, all with normal scored in cognitive tests but at high risk of developing AD, were selected on the basis of the following criteria: (i) family history of dementia; (ii) positivity for the apolipoprotein E4 gene; (iii) presence of β-amyloid in the brain, as detected by PET. Patients with pacemaker or artificial heart valves were not included, to avoid interferences during diagnostic tests and cerebrospinal fluid sampling. Patients with a history of cancer, mental illnesses, brain traumas, drugs or alcohol abuse were also excluded from the trials.
If such trials succeed, many patients will benefit of the slowdown of disease progression and dementia onset but this would represent a huge challenge for global health in terms of economic commitment, especially due to the management of a large number of patients. The continuation and further development of new experimental approaches will also require a greater effort from sponsors, manufacturers and governments to carefully assess the cost/benefit ratios before new therapies are marketed.107,109
Discussion
AD is one of the best studied neurodegenerative disorders and its progression to dementia was found in more than 60% patients. Recent studies provided the elucidation of the molecular mechanisms underlying the pathology, of reliable methods of diagnosis and of effective therapies. Much effort was dedicated to the design and development of AChE inhibitors, since alterations in the cholinergic system are among the most accredited causes of AD. Anti-AChE drugs currently in use comprise
Pending answers from ongoing preclinical trials, new scenarios are being considered involving different pathways and approaches. In fact, AD can no longer be considered a disease triggered by the cascade of events following amyloid deposition. Its development also depends on a disruption of the brain-gut connection, when the latter undergoes dysbiosis and inflammatory processes. 86
Recent data have shown that poly-oligosaccharides are able to restore gut microbiota, for example, sodium oligomannate (GV-971) that was able to improve cognitive ability in patients with mild to moderate AD in phase 3 clinical trials with no safety issues. The implications of these results can be easily transferred from the diagnosis to the therapy of AD. The identification of the specific bacteria associated with the immune response, the amino acids produced, and the type of immune effectors present in the brain may be an additional weapon in early diagnosis and deserves further large-scale evaluation. On the other hand, having identified intestinal dysbiosis as a triggering event will serve to direct therapy towards finding compounds to be used in prevention. The study of new molecules to be used for the treatment of AD is aimed also in this perspective. 111
Conclusions
Further investigations are still needed to understand the relationship at the molecular level among the many factors involved in AD pathogenesis and progression. Early diagnosis seems, so far, the best strategy that could really facilitate AD treatment before clinical signs of the disease become evident. Studies on preclinical AD could also finally provide effective therapies to treat the very early stages of the disease and hamper its progression. However, it is necessary to set up an accurate, rigorous, possibly not expensive screening to be carried out worldwide, with the help of specialists in Alzheimer’s disease and neurologists, in order to evaluate disease parameters and clearly identify patients with preclinical AD. Moreover, since many drugs currently in clinical trials are of the biological kind and need to be administered parenterally, a sufficient number of infusion clinics centres could also be necessary.
Are healthcare facilities and specialists ready to embrace this forthcoming therapeutic revolution? This is the question to which a research carried out by the RAND Corporation, 112 an important and authoritative US think tank, attempted to provide an answer. The research investigated six European countries (France, Germany, Spain, Sweden, Great Britain and Italy), most of which lacked the resources and facilities needed to welcome the arrival of innovative therapies against AD. One of the main issues would be the lack of specialists able to diagnose the disease at a very early stage and therefore correctly recommend preclinical drugs. Furthermore, early diagnosis requires genetic and neuroimaging investigations that are often very expensive and difficult to perform on a large number of potential future AD patients.
On the other hand, it is important to carry out clinical trials that aim at precision in the choice of drug, target, biomarker, participants and disease staging for a successful outcome of the study. 113 The molecular and neurochemical mechanisms underlying the processes of vulnerability and resilience to cognitive, emotional and affective disorders must also be considered since they could represent and issue in finding molecules that selectively interact with one or more individual targets (neurotransmitters, receptors, enzymes) capable of modulating altered cognitive functions.
The challenge is therefore wide open both for researchers, companies and global health organizations in the development of new successful therapies to treat different stages of AD.
Footnotes
Acknowledgements
The authors thanks Francesco Frustaci, Antonio Macrì and Domenico Saturnino for technical support.
Funding:
The authors received no financial support for the research, authorship, and/or publication of this article.
Declaration of conflicting interests:
The authors declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Author Contributions
MA coordinated the working team. IV developed and wrote the draft. LS was responsible for editing and figure preparation. AP and RM contributed in the final revision before submission. All the authors read and approved the final manuscript.
