Trace Neuroscience secures $101M to develop ALS treatment, targeting nerve communication protein.

Trace Neuroscience, a new biotech firm, has secured $101 million in funding to develop a treatment for ALS, a neurodegenerative disease affecting 5,000 people in the UK. The company aims to restore the UNC13A protein, essential for communication between nerves and muscles, to slow disease progression. The funding, led by Third Rock Ventures, will support clinical development of an antisense oligonucleotide therapy.

November 12, 2024
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