Join the club for FREE to access the whole archive and other member benefits.

UK biotech startup Astronautx raises $61M to tackle neurodegenerative diseases

Aims for Alzheimer's drugs that target brain's predominant cells, astrocytes

11-Oct-2023

Key points from article :

UK-based AstronauTx, a biotech startup, raises $61m to develop novel Alzheimer's drugs.

Their focus is on novel drugs that aim to correct the disrupted physiology of the brain, particularly by enhancing astrocyte functions.

The funds will support small-molecule drug development for clinical trials targeting Alzheimer’s symptoms and causes.

Although specific details about their approach are limited, AstronauTx's website mentions targeting pathological proteins like β-amyloid, tau, and α-synuclein.

AstronauTx's mission extends to improving the clearance of toxic species from the brain, with the goal of enhancing memory consolidation and metabolic efficiency for brain function.

In addition to the significant investment, AstronauTx has formed strategic partnerships to identify new treatments by modulating a unique ion channel target. 

Mentioned in this article:

Click on resource name for more details.

AstronauTx

Focused on a novel approach to treat neurodegenerative diseases

Topics mentioned on this page:
Investments, Alzheimer's Disease
UK biotech startup Astronautx raises $61M to tackle neurodegenerative diseases