Public release date: 15-Jun-2012 [ | E-mail | Share ] Contact: Leslie Shepherd shepherdl@smh.ca 416-864-6094 St. Michael's Hospital TORONTO, June 15, 2012St. Michael's Hospital has been awarded up to $700,000 from the Federal Economic Development Agency of Southern Ontario to investigate new treatments to prevent complications following certain brain injuries. The funding, to be administered by the Ontario Brain Institute, is part of an $11 million package announced by the federal government to help accelerate the commercialization of neurotechnologies. The FedDev funds will be matched by Edge Therapeutics, Inc., a biopharmaceutical company based in New Jersey. Edge and St. Michael's are exploring new ways of delivering nimodipine, an oral drug that has shown good results in preventing vasospasm, a major complication of aneurismal subarachnoid hemorrhage (bleeding in the area between the brain and the thin tissue that covers the brain). For two weeks following a subarachnoid hemorrhage, patients are susceptible to cerebral vasospasm, which limits blood flow to the brain and can cause ischemic strokes and additional tissue damage. Nimodipine inhibits calcium ion transfer into smooth muscle, thus preventing contraction of smooth vascular muscle in the brain. Subarachnoid hemorrhage affects 10 in 100,000 people in North America each year, or … Continue reading
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