Oligomerix, Inc. Awarded Phase II NIH Grant to Discover Novel Drugs for Alzheimer's Disease

Oligomerix, Inc. today announced the receipt of a two-year Small Business Innovation Research Phase II grant for $1.6M from the National Institute on Aging.

Oligomerix, Inc. today announced the receipt of a two-year Small Business Innovation Research (SBIR) Phase II grant for $1.6M from the National Institute on Aging, National Institutes of Health (NIH), for a program to discover small molecules and antibodies targeting tau protein oligomers in the development of disease modifying therapeutics for Alzheimer's disease.

Compound libraries will be screened at the Michigan High Throughput Screening Center under the direction of Dr. Robert Kilkuskie. Antibodies developed in this program against tau oligomers will be used for drug development and as biomarkers for drug efficacy during disease progression. The antibodies being developed in collaboration with Dr. Michael Sierks (Arizona State University) also have potential as immunotherapeutics.

There is a large and rapidly growing medical need for disease modifying drugs for Alzheimer's disease.  There are 18 million cases of AD worldwide; by 2025 this number is expected