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Sunbird Bio secures partnership funding for neurological diagnostic platform
Oct 17, 2024•over 1 year ago
Contract Type
partnership
CambridgeBiotechnology
Description
Sunbird Bio has secured $14m in funding from American pharmaceutical giant Eli Lilly and the Singapore Economic Development Board (EDBI) to advance the clinical development of their blood-based diagnostic platform for neurological disorders. The investment will be used to establish a new laboratory space and initiate additional clinical studies of its diagnostic technology by early 2025.
Company Information
Company
SunBird Bio
Location
35 CAMBRIDGEPARK DR.
Cambridge, Massachusetts, United States
About
Sunbird Bio is a leader in protein-based diagnostic tests, becoming the first company to overcome the challenge of accurately detecting and differentiating the specific proteins that aggregate, and therefore signal the presence of Alzheimer’s disease, with a simple blood draw. We are addressing the tremendous, growing need for more reliable and sensitive diagnostic tests to accelerate drug development and enhance patient care.