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Sunbird Bio secures partnership funding for neurological diagnostic platform

Oct 17, 2024over 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.

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