Drugs/Therapy
Scientists Testing New Drug Combo for Stroke Therapy
In a pioneering venture, Neuro-Innovators LLC, a 3-year-old biotech firm hailing from Sewickley, Pennsylvania, has joined forces with Spaulding Rehabilitation Hospital in Boston to evaluate a novel drug combination. The partnership aims to investigate the potential of Neuro-Innovators' NIV-001 therapy in aiding individuals grappling with the aftermath of a stroke.
Stroke, a debilitating condition affecting numerous individuals annually, prompts Neuro-Innovators and Spaulding to embark on this pivotal study. With an estimated 750,000 stroke incidents reported yearly in the United States alone, and a significant portion of the seven million survivors left grappling with disabilities, the urgency to explore innovative therapeutic avenues is palpable, as highlighted by the Stroke Awareness Foundation, a nonprofit organization based in Campbell, California.
Under the lead of Dr. Qing Mei Wang, a distinguished physician investigator affiliated with the Department of Physical Medicine and Rehabilitation at Mass General Research Institute, Spaulding assumes a critical role in spearheading this transformative research endeavor.
The crux of Neuro-Innovators' intervention lies in a three-drug combination administered through a once-daily pill. This regimen targets motor disabilities prevalent among stroke survivors, complementing standard rehabilitation protocols. Leveraging FDA-approved medications, the therapy holds promise for expedited commercialization, aided by a fast-track approval pathway tailored to augment neuroplasticity and post-trauma healing within the brain.
CEO Howison Schroeder, an esteemed entrepreneur with a background in neurotechnology, underscores the significance of addressing the substantial unmet need in stroke therapy. Teaming up with physician Peter Doyle, who serves as both co-founder and chief medical officer, Schroeder propels Neuro-Innovators towards pioneering solutions in neurological rehabilitation.
"It's a huge unmet need," Schroeder said, Medical Express reported. "Nobody has put these drugs together."
Despite its modest workforce of eight part-time employees, Neuro-Innovators exemplifies resilience and innovation in its quest to revolutionize stroke therapy. Although the company's journey remains in its nascent stages, a seed round funding of $100,000 signals promising prospects for future advancements in stroke rehabilitation.
Drawing from his prior experience as CEO and board member of Neuro Kinetics Inc., Schroeder brings invaluable insights to Neuro-Innovators, demonstrating a commitment to transformative advancements in neurological care.
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