Aquinnah Pharmaceuticals got $750,000 from the Tau Pipeline Enabling Program (T-PEP) to advance its drug development programs in tauopathy diseases.
In the announcement, the company noted that the pipeline includes Progressive Supranuclear Palsy, Alzheimer’s Disease, and Fronto-temporal Dementia. T-PEP is a partnership between the Alzheimer’s Association and the Tau Consortium; a program of the Rainwater Charitable Foundation to explore new ways to prevent, reduce or remove pathological tau from the brain. Aquinnah Pharmaceuticals pointed out that it is the only company recipient and one of 5 awardees selected from 125 applications, to receive funding from the $3 million grant.
Glenn Larsen, Ph.D., President and CEO of Aquinnah said: “Pioneering work from Aquinnah’s co-founder Dr. Ben Wolozin, has shown that stress granule modulation in the brain represents a new and promising approach towards reducing effects of the toxic protein, tau, by showing improved lifespan and preservation of neurons and memory in mice, with potential application to a wide range of neurodegenerative diseases. Aquinnah has developed neuronal models that replicate human tau stress granule pathology and with this funding, we are screening chemical libraries containing over 250,000 small molecules, to identify molecules that have the potential to be developed as novel drugs. We are very pleased that the reviewers at the Alzheimer’s Foundation and Tau Consortium recognize the work we are doing to bring hope to the millions of people affected by these grave disorders.”