For most societies dementia is becoming a major health burden with 50 million annual cases of Alzheimer’s disease (AD) recorded worldwide. A cure for AD and related forms of dementia is thus lacking, and current treatments are limited to modest symptomatic relief. Amyloid-β (Aβ42) and Tau are the two hallmark proteins in AD. Although both Aβ42 and Tau have been extensively studied with regard to their individual mechanisms of neuronal toxicity, a new light has recently been shed on their possible interactions and cooperative effects in AD. We have previously developed a non-self-aggregating Aβ42 variant (Aβ42DM), which was used as an inhibitor for Aβ42 aggregation and neurotoxicity. Aβ42DM was able to bind tightly to its wild-type Aβ42 target, and showed a significant inhibition of Aβ42 aggregation and toxicity. Following a study that showed that Aβ42 may bind to multiple Tau-derived peptides, we followed this concept and were able to show that Aβ42DM also inhibits the Tau-derived peptide, PHF6. This result was further validated using transmission electron microscopy (TEM) experiment where a significant reduction in PHF6 fibril formation was observed Aβ42DM treated PHF6 samples in comparison to untreated PHF6. By co-transfecting SH-5YSY with Aβ42DM and the neurotoxic Tau K174Q mutant, a decrease in Tau K174Q aggregates, was observed relative to cells transfected with Tau K174Q alone. In addition, an increase of ~25% viability in these cells was observed upon Aβ42DM treatment relative to cells expressing the Tau K174Q mutant alone. This stresses the protective role Aβ42DM has not only in Aβ42 inhibition but also in abolishing Tau K174Q neurotoxic effect.