ADx NeuroSciences receives 850.000 EUR support from Flemish Government for tracking brain disorders

January 26, 2017 News Quality by Design - Business & Communications

Brain injuries, dementia and other neurological problems are often noticed too late. The damage is irrevocable. ADX Neurosciences S.A. is committed to developing biomarkers that can detect, with a simple blood test, neurodegeneration in an early stage. The Flemish government supports the innovative research of this biotech company.

With the grant of 850,000 euros ADx can expand its global leadership position as an innovator in the field of neurobiological markers.

In what way will ADx use the money from the Flemish Government over the next two years?

  1. The fine-tuning of a blood test that can detect neurodegeneration in an early stage
  2. Exploring a new development platform to significantly shorten the time between discovery of a marker and its commercialization
  3. The detection and discovery of new markers that play a crucial role in the faltering communication between brain cells

Why does the Flemish Government support this innovative company?

In only 5 years, ADx acquired a good global position in the challenging field of brain diseases such as Alzheimer’s and Parkinson’s. ADX has also managed to launch, with a previous grant, two new markers, neurogranin and BACE1, in collaboration with Prof. Bart De Strooper (KU Leuven – VIB) and Prof. Sebastiaan Engelborghs (UA). Both of these tests will play an important role in the development of new drugs for Alzheimer’s disease. The Flemish Agency for Enterprise and Innovation (VLAIO) also gave the green light to this new, ambitious project.

Koen Dewaele, CEO ADX: “We are very pleased with this support! This strengthens our ambition to build a world-neurobiological company. Our new tests will help a better and quicker diagnosis and also assist pharmaceutical companies in their development of new drugs for neurological disorders such as Alzheimer’s, Parkinson’s and ALS. ”

Read more about ADx

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Quality by Design - Business & Communications

Quality by Design (QbD) - Business & Communications is a team of expert strategists, scientists, communicators, and creatives. Whether you're a part of an innovative startup or an established player, our unique approach will ensure that your company has the best chance of being seen and understood by your target audience: prospects, clients, investors, partners, and more. We don’t just consult; we also help you implement. We share articles on BioVox providing insight into new and established players in the Benelux Life Science ecosystem, from innovations and research breakthroughs through to finance and industry trends.

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