Eurostars grant to fund stroke therapy development
NeuroVive and to-BBB each receive €500,000
Swedish drug developer NeuroVive Pharmaceutical and to-BBB, a Dutch brain drug delivery company, have been awarded €1m through the Eureka Eurostars programme for the joint development of drugs for stroke and other acute neurological conditions.
The firms have each received grants of approximately €500,000.
In this programme, NeuroVive's cyclosporin A for the treatment of neurological damage is combined with to-BBB's G-Technology to enhance delivery of this drug across the blood-brain barrier.
The two firms signed a strategic partnership in October 2010 and say the grant ‘solidifies and accelerates’ this partnership.