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Dan Doctoroff, David Rubenstein, and Bloomberg Philanthropies unveil Target ALS
Date:2/7/2013

NEW YORK, February 7, 2013Daniel L. Doctoroff, Bloomberg LP CEO and president; David M. Rubenstein, co-CEO of The Carlyle Group; and Bloomberg Philanthropies today unveiled Target ALS, a $25 million three-year initiative to streamline discovery of new approaches to treating ALS (amyotrophic lateral sclerosis, also known as Lou Gehrig's disease).

"Finding a cure for ALS requires that we think differently about how to tackle this debilitating disease," said Mr. Doctoroff. "While ALS scientists have made great progress in the last few years, their research too often occurs in silos, impeding discovery. Target ALS will provide an organizational framework for the world's leading ALS researchers to share and coordinate their findings so that we can make progress toward therapies and a cure."

Target ALS is the next phase of an accelerated research initiative of Project A.L.S., a New York-based foundation focused on finding and funding a cure for ALS, and the Packard Center for ALS Research at Johns Hopkins University, which was announced in January 2010. Target ALS will build on the rapid scientific progress of the past three years through a new collaboration that pools the efforts of dozens of scientists and laboratories into an efficient organization focused on new targets for ALS therapeutics. The immediate goal is to seed an array of drug-development programs at pharmaceutical and biotech companies, based on cutting-edge data generated by Target ALS scientists. Target ALS will identify and transfer candidate therapeutic targetsmolecular events that occur in ALS patients that, when blocked, can slow or arrest disease progression. The long-term goal is to find effective therapies for ALS.

Researchers and laboratories from around the world participating in Target ALS will benefit from a central organization through which to share ideas, progress, and discoveries, as well as a source of funding to develop new collaborative projects. A featur
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Contact: Karin Eskenazi
cumcnews@columbia.edu
212-342-0508
Columbia University Medical Center
Source:Eurekalert

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