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Alzpath Announces New Funding From The Alzheimer's Drug Discovery Foundation (Addf) To Advance A Novel, Diagnostic Blood-Based Assay

PRIVATEJul 18, 2023

Round Type

Funding Round

CarlsbadBiotechnologyHealth CareHealth Diagnostics

Investors

The Association For Frontotemporal DegenerationCharles And Helen Schwab FoundationThe Dolby FamilyMac Kenzie ScottJeff BezosBill GatesAddf Co Founder Leonard A. Lauder

Description

ALZpath, a leading developer of innovative diagnostic solutions for Alzheimer's disease, is proud to announce that they have received funding from the Alzheimer's Drug Discovery Foundation (ADDF)'s Diagnostics Accelerator to accelerate the clinical availability of ALZpathDx as a laboratory developed test (LDT). ALZpathDx is a novel, proprietary assay for blood-based measurement of phosphorylated tau at threonine 217 (pTau217), a highly accurate, diagnostic biomarker for Alzheimer's disease. The assay is performed on the Quanterix Simoa HD-X immunoassay analyzer.

Quick answer

ALZpath raised an undisclosed amount in a Funding Round round, dated July 18, 2023. Investors: The Association For Frontotemporal Degeneration, Charles And Helen Schwab Foundation, The Dolby Family, Mac Kenzie Scott, Jeff Bezos, Bill Gates and Addf Co Founder Leonard A. Lauder. ALZpath is based in Carlsbad, California, United States.

How much did ALZpath raise?
ALZpath raised an undisclosed amount in a Funding Round round on July 18, 2023.
Who invested in ALZpath?
The Association For Frontotemporal Degeneration, Charles And Helen Schwab Foundation, The Dolby Family, Mac Kenzie Scott, Jeff Bezos, Bill Gates and Addf Co Founder Leonard A. Lauder are named as investors in this round.
What does ALZpath do?
ALZpath is a passionate and focused group of medical researchers, healthcare professionals, and renowned group of scientific advisors dedicated to transforming the Alzheimer’s disease ecosystem through earlier..
Where is ALZpath based and how big is it?
ALZpath is based in Carlsbad, California, United States. Fundz records about 10 employees.
Who are the decision-makers at ALZpath?
Fundz holds 1 contact at ALZpath, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Diagnostics and Biotechnology around the same time

Companies in the same sectors as ALZpath that raised within 45 days of this round, from Fundz verified event records.

  • WaveFront Dynamics Inc. raised $5M on August 24, 2023.
  • FeelBetter raised $5.9M (Funding Round) on July 31, 2023.
  • Aptitude raised an undisclosed amount (Funding Round) on July 24, 2023.
  • CathVision raised $9M (Funding Round) on July 18, 2023.
  • Parker Health raised $25M (Series A) on July 12, 2023.
  • Quantum Cyber N.V. raised $5.5M on June 28, 2023.

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Company Information

Company

ALZpath

Location

Carlsbad, California, United States

About

ALZpath is a passionate and focused group of medical researchers, healthcare professionals, and renowned group of scientific advisors dedicated to transforming the Alzheimer’s disease ecosystem through earlier diagnosis, interventions, and personalized treatment to improve outcomes for people with Alzheimer’s. Launching a novel blood-based biomarker assay for phosphorylated tau 217 (ptau217), ALZpath offers a simple, accessible, timely, and cost-effective approach to diagnosis, which is less invasive than current testing methods. Ptau217 in blood is considered one of the transformative AD diagnostic biomarker, which closely reflects amyloid and tau pathology, the hallmarks of AD, and associates with clinical features of AD.

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Related People

1 contact
Verified contactsMike, Chief Executive OfficerSee plans and pricing
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ALZpath raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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