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Genentech Brain Trust Raises $217 For New Startup To Fight Alzheimer's And Parkinson's
2015-05-15 05:31:25| Biotech - Topix.net
The news is another sign of both the large amounts of money available to all biotechnology startups and for a financial turnaround for research efforts against brain diseases that have been tough to beat. NeuroPerspective, a newsletter that tracks neurological treatments, says in the past five years the number of drugs being developed by large drugmakers for brain and nervous system disorders fell 50% to 129 - but that last year, investors poured $3.3 billion into the field, more than in any of the last ten years.
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Category:Biotechnology and Pharmaceuticals