AcuraStem Gets $3.7 Million Grant to Treat ALS

June 20, 2018 - als

AcuraStem Inc., a biotech association formed in Monrovia, has perceived a $3.7 million fast-track extend to rise a diagnosis for Lou Gehrig’s disease.

The pointing medicine startup announced Jun 18 that it had perceived a investigate extend from a National Institute of Neurological Disorders and Stroke.

The extend will support a growth of a novel tiny proton compound, famous as AS2015, to provide patients with a genetic form of amyotrophic parallel sclerosis (ALS), or Lou Gehrig’s disease, in further to frontotemporal dementia.

AcuraStem, founded in 2016, was co-founded by Dr. Justin Ichida, partner highbrow of branch dungeon and regenerative medicine during a Keck School of Medicine of USC, where he oversees a investigate lab in his name.

Its pointing platform, iNeuroRx, employs a patient’s branch cells in and with modernized appurtenance training to learn drugs for neurodegenerative diseases.

AcuraStem was comparison as a finalist this month in a 2018 Start-Up Stadium for intensity biotech partners and investors during a BIO International Convention in Boston.

Health business contributor Dana Bartholomew can be reached during dbartholomew@labusinessjournal.com. Follow him on Twitter @_DanaBart.

source ⦿ http://labusinessjournal.com/news/2018/jun/19/acurastem-gets-37-million-grant-treat-als/

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