Dr. Jim New , President and CEO of Neurotrope BioScience, says, "We are privileged to have a partner such as BRNI. For the last 13 years they have quietly pursued an independent research plan ignoring the conventional wisdom that has guided drug development efforts in the Alzheimer's field for the last 25 years. Their successes in this area validate both their mission statement and research strategy. As a result, we have a great technology platform that provides fresh insights on how to treat neurodegenerative diseases."
"Neurotrope BioScience and their investors have signaled both approval and validation for our science. Their entrepreneurial spirit is mirrored in our science, and we think our respective organizations will make for a great team," said Lane Bailey , Chairman of the BRNI Board of Directors. "It takes on average, 12 to 15 years for a new medicine to gain FDA approval and reach the bedside of a patient who needs it. It is a long and expensive journey, but for the more than 44,000 West Virginians and 5 million Americans who have Alzheimer's Disease today and their families and caregivers, a cure cannot come soon enough. We are all grateful for this new investment that will allow BRNI's scientists to build on their progress and showcase the kind of research and advancement underway in the Mountain State."
About the Blanchette Rockefeller Neurosciences Institute
The Blanchette Rockefeller Neurosciences Institute (BRNI) is a unique, independent, non-profit institute dedicated to the study of memory and finding solutions to memory disorders. BRNI was founded in 1999
|SOURCE Blanchette Rockefeller Neurosciences Institute|
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