NIH Awards $1.8 Million Research Grant to Pain Therapeutics in Support of a Blood-based Diagnostic for Alzheimer ’s Disease
AUSTIN, Texas, Sept. 18, 2017 -- Pain Therapeutics, Inc. (Nasdaq:PTIE), a biopharmaceutical company, announced today it has been awarded an approximately $1.8 million research grant from the National Institutes of Health (NIH). This grant will support innovative technology developed by the Company to diagnose Alzheimer’s disease with a simple blood test.
“Finding a way to diagnose disease at an early-stage is vitally important,” said Remi Barbier, President & CEO of Pain Therapeutics. “A blood test may help detect Alzheimer’s disease before symptoms occur, or rule out other possible causes of memory problems, or might be used as a biomarker to measure the efficacy of drug candidates during clinical trials.”
- Published: 18 September 2017
- Written by Editor