http://act.alz.org/site/R?i=bq8i3FRET9bj-vfI-2k2iQ
Today,
the Alzheimer's Association announced its leadership role in the
Neurodegeneration Medicines Acceleration Program (Neuro-MAP), which
plans to uncover promising drugs for degenerative brain diseases in
pharmaceutical company libraries and put them into early-stage clinical
trials. Many potential drugs are languishing in laboratories because
the companies who own them have moved in other directions. By
identifying these projects and moving them forward, Neuro-MAP aims to
bring these drugs closer to the people who desperately need them.
Partners
in Neuro-MAP are: Alzheimer's Association, Alzheimer's Research UK,
Alzheimer's Society (UK), ALS Association, Michael J. Fox Foundation for
Parkinson's Research, Motor Neurone Disease Association, MRC
Technology, Northern Health Science Alliance, and Parkinson's UK. The
consortium represents more than 50 million people living with
neurodegenerative conditions worldwide.
Neuro-MAP
will ask pharmaceutical and biotechnology companies to propose projects
to the consortium. The Neuro-MAP partner organizations will decide
which projects to take on by evaluating patient needs, scientific
excellence and commercial potential. Projects taken on by Neuro-MAP
remain the property of the industry partner, but the consortium will
share in a proportion of the revenue generated if the product goes on
the market. These funds will be reinvested in additional research.
Consortium
program manager, MRC Technology, will augment the initial investment
from Neuro-MAP partners by seeking co-investment from the pharmaceutical
and biotechnology industries, social investors, and venture
philanthropists. As a result, the current target for total annual
investment is in the region of $48 million.
The website for the program is www.medicinesaccelerationprogram.org
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