THE NEED One in eight persons age 65 and over and nearly half of the 85+ population have Alzheimer’s disease. Despite intensive efforts by the scientific and pharmaceutical communities throughout the world, Alzheimer’s disease is still unpreventable, largely untreatable, and incurable. Moreover, today diagnosis is typically carried out through clinical assessments at advanced stages of the disease when damage is significant and the potential for delaying disease progression is low. To date, no objective, accurate tool for diagnosing Alzheimer’s or any other neurodegenerative disease exists.
The U.S. National Institutes of Health: “Early diagnosis of AD benefits affected individuals and their families, clinicians, and researchers. For patients and their families, a definitive early diagnosis provides the opportunity to plan for the future while the patient can still take an active role in decision making. For clinicians, accurate early diagnosis facilitates the selection of appropriate treatments, particularly as new interventions are developed to stop or slow progression of symptoms. And for researchers, earlier and more accurate diagnosis will facilitate clinical studies of new therapies and preventive measures by allowing clinical trials on early intervention, before cognitive loss becomes significant.”
THE NEUROQUEST BREAKTHROUGH NeuroQuest’s patent pending technology is based on the award-winning research of neurodegenerative disease pathology of Professor Michal Schwartz of the Weizmann Institute of Science in Israel. In contrast to prevailing thought, Prof. Schwartz found that immune cells from the periphery are needed for maintaining proper activity of the brain and for healing and repair following damage. Changes in these immune cells’ activity may increase the susceptibility to develop neurodegenerative diseases. As a result changes in immune cells in the peripheral blood precede disease related functional loss, and therefore can be detected before cognitive loss becomes significant. Accordingly, these typical cellular changes can be used as biomarkers for earlier diagnosis of Alzheimer’s disease.
BUSINESS DEVELOPMENT The Company will develop the following products:
Alzheimer’s Strategic Service Neurologists
Diagnostic Collaborations Labs
Tests
Definitive End of 2010 2012 2012
Diagnosis
Early Collaborations 2014 2015
Diagnosis starting 2011
TEAM
Prof. Michal Schwartz, Ph.D., Scientific Advisor, Co-Founder. World-renowned scientist; professor, Dept. of Neurobiology, Weizmann Institute of Science; joint faculty position, Cedar Sinai Medical Center; founder, Proneuron Biotechnologies, Inc.; extensive honors/prizes, publications/presentations; Ph.D., chemical immunology, Weizmann Institute
Eti Yoles, Ph.D., Managing Director. Years of high-level experience in managing research and biotech development; VP R&D, Proneuron Biotechnologies, Inc.; scientist in Dr. Schwartz’s laboratory at the Weizmann Institute; involved in numerous research projects, widely published, guest lecturer in courses of worldwide scientific associations; Ph.D., neurobiology, Bar-Ilan University
Esti Adan, VP Business Development. More than 20 years in high-tech industry, including six years as successful business development director in Silicon Valley, responsible for generating significant revenues from large software vendors; B.Sc., software engineering, Technion-Israel Institute of Technology
Steve Rhodes, MBA, Chairman of the Board. Extensive finance, marketing, and management experience; CEO, Misgav Venture Accelerator since 2004; cofounder, The Trendlines Group, one of Israel’s leading early-stage investors; MBA, University of Chicago, B.A., Harvard University |
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COMPANY STATUS Founded: 2008 Investors: The Trendlines Group, Misgav Venture Accelerator
INTELLECTUAL PROPERTY Holds exclusive rights to two patents
DEVELOPMENT STATUS NeuroQuest conducted its first human feasibility trial in cooperation with Sheba Medical Center in Israel. Alzheimer patients in the mild to moderate stage and matched-age healthy controls participated in the study.
The Company found significant differences in subsets of cellular components of the immune system in the blood of Alzheimer’s patients vs. controls (Sensitivity = 87%, Specificity = 85%, AUC = 0.87). The development roadmap includes larger validation to prove the efficacy of NeuroQuest’s blood test as a diagnostic tool and to further examine its correlation with disease severity and early diagnosis.
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