Swiss neurology specialist GliaPharm has announced a new investment of $4.2 million for its lead program in Alzheimer’s disease.
The money has been put forward by the Alzheimer’s Drug Discovery Foundation (ADDF), a non-profit organization working on promoting drug discovery and development in this area.
It will enable lead compound GP-119 - a novel orally active small molecule that acts on brain energy metabolism - to be brought into the clinical stage.
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