Biotech startup OptiKira receives $1.6 million Small Business Innovation Research grant

OptiKira LLC, a Cleveland biotechnology company that is developing treatments for blindness and other diseases caused by progressive cell death, has received a $1.6 million Phase II Small Business Innovation Research grant from the federal government to support what it called “continued development of a therapy that has the potential to preserve vision in patients with retinitis pigmentosa.”

The grant money will be used “to advance one or more of OptiKira’s most promising compounds into investigational new drug-enabling studies,” the company said in a news release issued on Thursday, May 30.

Click here to read the complete article.

Story excerpt provided by Crain’s Cleveland Business.

Written by Scott Suttell.

Originally published May 30, 2019.

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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: