Cleveland Clinic spinoff raises funds to develop novel therapies for multiple sclerosis

molecule biotech startup

Cashel Neural, a small molecule biotech startup spun out of Cleveland Clinic’s Lerner Research Institute, said it has raised funding that will enable further development of specific molecules that can help make new myelin in multiple sclerosis (MS) patients.

The funds come from the Fast Forward program, a nonprofit organization established by the National Multiple Sclerosis Society to support commercial organizations engaged in the development of new therapies and diagnostic tools for MS, according to a news release.

Click here to read the complete article.

Story excerpt provided by Crain’s Cleveland Business.

Written by Lydia Coutré.

Originally published February 12, 2019.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: