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Lysoway Therapeutics has received a $2.93 million grant from The Michael J. Fox Foundation to advance its TRPML1 agonist for Parkinson's disease treatment.

Aug 06, 20252 days ago

Amount Raised

$2.93 Million

Round Type

seed

CambridgeBiopharmaTherapeuticsBiotechnologyHealth Care

Investors

The Michael J. Fox Foundation

Description

Lysoway Therapeutics, a biopharmaceutical company, announced a research grant from The Michael J. Fox Foundation for Parkinson's Research. The $2.93 million funding will support the development of their TRPML1 agonist. The goal is to initiate first-in-human clinical trials in early 2026

Company Information

Company

Lysoway Therapeutics

Location

Cambridge, Massachusetts, United States

About

Lysoway Therapeutics, Inc. is a biopharmaceutical company developing small molecule modulators of lysosomal ion channels. The company is focused on advancing a pipeline of small molecule activators targeting these channels to treat neurodegenerative diseases. Lysoway aims to develop therapeutically viable solutions to slow or halt disease progression.

Funding Insights

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