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July 24, 2006
Translational Neurobiotech Developments Reviewed
The July edition of Genetic Engineering News published an extensive review of a dozen CEO company presentations from the NeuroInsights' Neurotech Industry Investing conference in May. I recommend following the link to read the full review. Written by Gail Schechter, the article "Translational Medicine: Spotlighting Neurobiotech Developments Central Nervous System Remains a Large Target for Novel Therapies" highlights companies from several panels including: Targacept, Saegis Pharmaceuticals, Acumen Pharmaceuticals, Ceregene, Jazz Pharmaceuticals, Amarin, Predix Pharmaceuticals, BrainCells Inc., NeuroNova, Sound Pharmaceuticals, StemCells Inc., and StemCell Sciences.
Gail concludes, "Conference panelists, presenters, and participants alike were clearly favorably disposed toward neurotechnology, in spite of the unique challenges confronting CNS product development. Representatives from both venture capital and big pharma reported being open to funding neurotechnology, especially when a company’s products have already demonstrated proof-of-concept, are further along in clinical development, and have a clear commercialization path. High-risk is mitigated by the potential for significant reward. After all, today’s risks may be tomorrow’s breakthroughs."
If you missed this year's conference, mark your calendars for next year's two day Neurotech Industry Investing and Business Conference 2007 which will be held in San Francisco on May 17 and 18. If you are interested in speaking or sponsoring please contact me.
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