Longeveron Gets $3M Alzheimer’s Association Grant to Continue Stem Cell Study

Longeveron Gets $3M Alzheimer’s Association Grant to Continue Stem Cell Study
Biopharmaceutical company Longeveron will use a $3 million Alzheimer’s Association grant to advance innovative research that uses adult stem cells to target neuroinflammation in people with mild Alzheimer’s disease (AD). Funding is through the organization’s Part the Cloud global research grant program, designed to find promising targets for new Alzheimer’s treatments. The program supports early-stage clinical investigations with the goal of slowing, stopping, or impeding Alzheimer’s progression. It originally gave Longeveron $1 million for two years of study. Longeveron’s initial grant was one of four awarded through the Part the Cloud Challenge on Neuroinflammation, created to deepen understanding of neurodegeneration in diseases such as Alzheimer’s. The challenge's goal is to accelerate therapeutics for use in early clinical trials. Now, the project by Anthony Andrew Oliva, PhD, and his colleagues, has been chosen as the most outstanding of the four. The researchers were awarded the additional funding "to take their project and the field to the next level," the association said. "The Part the Cloud grants provide the necessary funding for high risk, but highly promising early-stage research that the Alzheimer’s Association is committed to advancing,” Maria C. Carrillo, PhD, chief science officer of the Alzheimer’s Association, said a
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