BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

NeurOp Corporation Selected for National Institutes of Health (NIH) Commercialization Assistance Program to Support Drug Development Efforts for Ischemia


10/18/2011 10:22:27 AM

ATLANTA, October 18, 2011 – NeurOp, Inc., a biopharmaceutical company developing new treatments for central nervous system disorders, today announced that it is one of 40 companies selected to participate in the 2011-2012 Commercialization Assistance Program (CAP) funded by the National Institutes of Health (NIH) and managed and executed by the Larta Institute. CAP helps promising, emerging life science companies develop their commercial businesses and transition their technologies into the marketplace.

“This was a competitive process, and we are honored to be chosen for the program,” commented Barney Koszalka, Ph.D., NeurOp president and CEO. “CAP will provide us with feedback as we refine the commercialization plan for our ischemia drug program. Having access to consultants at Larta and a range of companies with an interest in our technology makes our participation invaluable. NeurOp will benefit from expert mentoring, business consulting and events in which we will present our ischemia technology to the investment community, potential strategic partners and licensees.”

Since the program's start in 2004, the NIH has worked with Larta to provide more than 700 life science companies with individualized assistance toward transitioning their products into the marketplace and helped 151 of those companies collectively raise $425 million.

About NeurOp

NeurOp, Inc. is an Atlanta-based biopharmaceutical company developing new medicines for central nervous system disorders, including depression, neuropathic pain, ischemia (stroke), schizophrenia, and Parkinson’s disease. Its compounds target the NMDA receptor found on neurons in a manner designed to enhance therapeutic benefit without the negative side effects associated with previous generations of this and other drug classes. A research collaboration and licensing agreement with Bristol-Myers Squibb Company (NYSE: BMY) currently funds and supports development of NeurOp’s compounds for the treatment of depression and neuropathic pain. In 2010, NeurOp collected awards for Start-Up Company of the Year from Emory University’s Office of Technology Transfer and Deal of the Year for a Strategic Partnership from Georgia Bio. For more information, visit www.neuropinc.com.

NeurOp Contact:

Barney Koszalka, CEO

Phone: 404.941.2350



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES