AlzeCure Secures EU Grant Funding for Phase 2 Clinical Trial of NeuroRestore ACD856 in Alzheimer's Disease
Grant Received: AlzeCure Pharma has secured a EUR 2.5 million grant from the European Innovation Council to support a Phase IIa clinical study of its drug candidate NeuroRestore ACD856 for Alzheimer's disease treatment.
Drug Mechanism: ACD856 is designed to enhance brain signaling pathways related to cognition and memory, showing promise in improving learning and memory functions while also exhibiting neuroprotective and anti-inflammatory properties.
Significance of Alzheimer's Disease: Alzheimer's disease affects approximately 55 million people globally, with numbers expected to triple in the next 30 years, highlighting the urgent need for effective treatments.
Company Overview: AlzeCure Pharma is a Swedish biotech firm focused on developing innovative therapies for central nervous system diseases, with multiple drug candidates in various stages of research and development.
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