Foundation Venture Capital Group Invests In Start-Up Working to Reduce Side Effects of Parkinson's... (earch to date has already provided in-vi...)

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Foundation Venture Capital Group Invests In Start-Up Working to Reduce Side Effects of Parkinson's Treatment

Date:1/25/2013

earch to date has already provided in-vivo proof of principle data.

"We are very interested in this research because at this point it appears to have promising results," said Dr. George F. Heinrich , vice chair and CEO of Foundation Venture. "We anticipate a fast IND filing and clinical trial process since the drug has already been FDA approved for another indication. This could make a tremendous difference in the quality of life for many patients who currently suffer from L-Dopa Induced Dyskinesia."

For more information, contact James M. Golubieski , president of FVCG, at (908) 731-6601 or at jgolubieski@njhf.org.

About Foundation Venture Capital Group
Foundation Venture Capital Group, an affiliate of New Jersey Health Foundation, invests in commercially viable new start-up companies developing technology by faculty at or affiliated with the University of Medicine and Dentistry of New Jersey. In addition to MentiNova, other FVCG portfolio companies include:

Actinobac Biomed Inc., developing a therapeutic agent targeting blood cells for the treatment of hematological malignancies;
Affineti Biologics, advancing research in the development of therapeutic and diagnostic products based on new discoveries in oral biology and dental medicine;
CellXplore, Inc., engaged in the development of biomarker-based in vitro diagnostic assays for cancer;
Celvive, Inc., working to develop technology to treat patients with chronic spinal cord injuries with their own adult stem cells;
Durin Technologies, Inc., working to develop a blood test to diagnose Alzheimer's disease;
GeneAssess, Inc., a company developing a diagnostic tool for more accurate breast cancer staging;
Longevica Pharmaceuticals, Inc., developing a chemoprotective agent that
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SOURCE New Jersey Health Foundation
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