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Press release | Focus | Health ＆ life sciences | Brain
THERANEXUS set to receive €6.2 million in funding from the French Investments for the Future program, managed by Bpifrance, for the development of Neurolead,its new lead generation platform targeting neuro-glia interactions
Theranexus (ALTHX) has been awarded a €6.2 million funding package through the Investments for the Future program (PIA), managed by Bpifrance (Structuring Research and Development Projects for Competitiveness, PSPC), supporting the development of the Neurolead program. Neurolead is coordinated by Theranexus, in collaboration with the Collège de France and the French Alternative Energies and Atomic Energy Commission (CEA), with the aim of designing and industrializing a unique drug candidate identification and characterization platform targeting interactions between the two major brain cell populations, neurons and glial cells, for treating neurological disorders.
The proprietary, adaptable Theranexus platform can generate different proprietary drug candidates offering high added-value for multiple indications.
Theranexus is listed on the Euronext Growth market in Paris (FR0013286259- ALTHX).
CEA is a French government-funded technological research organisation in four main areas: low-carbon energies, defense and security, information technologies and health technologies. A prominent player in the European Research Area, it is involved in setting up collaborative projects with many partners around the world.