MEQUON, Wisc.--(BUSINESS WIRE)-- ENDECE Neural today announced that it has entered into a sponsored research agreement for funding from the National Multiple Sclerosis Society through Fast Forward. Under the terms of the agreement ENDECE Neural will receive funding to advance the preclinical development of the companys lead compound, NDC-1308. If successfully developed into a therapeutic, NDC-1308 could provide physicians with a treatment to restore and repair the protective covering surrounding axons (nerve fibers) in the brain and spinal cord. ENDECE Neural will use the $225,000 in funding to validate preliminary data suggesting that NDC-1308 can restore and repair the axons protective covering, which is known as the myelin sheath. NDC-1308 demonstrated the ability to significantly remyelinate the myelin sheath in mice. The validation study will repeat the testing using an optimized formulation to determine how robustly NDC-1308 can stimulate remyelination in different regions of the mouse brain. ENDECE Neural also announced today that researchers will present data from preclinical trials of NDC-1308 at the 29th Congress of the European Committee for Research and Treatment in Multiple Sclerosis (ECTRIMS) in Copenhagen, Denmark. The oral presentation, titled, NDC-1308 induces remyelination in experimental models of multiple sclerosis, is scheduled for Friday, Oct. 4 … Continue reading
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