FinTechFunding

Alterity Therapeutics: Receives $640k grant from Michael J. Fox Foundation

  • Alterity Therapeutics (ATH) has received a US$495,000 (around A$640,428) grant from The Michael J. Fox Foundation for Parkinson’s Research
  • The grant allows Alterity to determine the optimal dosing of ATH434 in patients with the disease
  • Parkinson’s occurs when the brain cells that make dopamine degenerate and die
  • People with Parkinson’s often experience tremors, dementia, dizziness and depression
  • The company hopes clinical trials will determine the safety and tolerability of the product
  • Alterity is up a healthy 18 per cent on the back of this news with shares trading at 4.6 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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