NeuroGenetic Pharmaceuticals, Inc. (NGP), a biopharmaceutical discovery and development company founded in 2009, is developing innovative drug therapies for Alzheimer's disease. Based in San Diego, Calif., the company's next objective is to obtain an Investigational New Drug approval for its clinical candidate, NGP 555. Future clinical trials will utilize specific amyloid biomarkers and/or brain scanning as an early diagnostic and to monitor drug efficacy in clinical trials. Combining early disease identification with a treatment capable of preventing AD-related pathology, such as NGP 555, would represent an important advance in our ability to prevent AD or hinder its progression to dementia.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/04/12 | undisclosed | Strategic |
Abbott Biotech Ventures | undisclosed |
