NeuroDerm Awarded $490,000 By The Michael J. Fox Foundation To Commence Clinical Studies On A Novel Skin Patch For Parkinson’s Disease

OFAKIM, Israel--(BUSINESS WIRE)--May 12, 2006--Neuroderm Ltd. announced today that it has been granted $490,000 in funding by The Michael J. Fox Foundation for Parkinson's Research. The award will support clinical work to develop a new transdermal skin patch for continuous delivery of levodopa, the natural precursor of dopamine, which is deficient in Parkinson's disease.
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