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Arkuda develops potential 'first-in-class' therapy for common Alzheimer's disease

 Last Update: 2022-05-02
 Source: Internet
 Author: User

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Today, Arkuda Therapeutics announced the completion of a $64 million Series B financing

Arkuda is working to develop a small molecule therapy that modulates progranulin, which plays an important role in lysosomal function and innate immunity in the brain

Image source: Arkuda's official website

The company also plans to explore the efficacy of these compounds in a variety of neurodegenerative diseases, including Alzheimer's disease and Parkinson's disease

References:

[1] Lilly, Pfizer-backed Arkuda bags $64M to test drug in frontotemporal dementia in 2023.

[2] ARKUDA THERAPEUTICS RAISES $64 MILLION SERIES B FINANCING TO ADVANCE PIPELINE OF PROGRAMS TARGETING LYSOSOMAL BIOLOGY TO TREAT NEURODEGENERATIVE DISEASES.

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