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Houston research team wins $2 million grant for virus detection technology

Houston research team wins  million grant for virus detection technology

 


Fannin Innovation Studio, a Houston-based biotechnology company, is working with federal agencies to test leading candidate treatments for substance abuse disorders.

The Addiction Treatment Discovery Program within the National Institute on Drug Abuse evaluates the drug known as 11h. Fannin says he retains all intellectual property, ownership, and commercialization rights for 11 hours. Fannins Goldenrod Therapeutics portfolio startup, founded in 2020, is overseeing the development of this drug.

Atul Varadhachary, Ph.D., Managing Partner at Fannin, said the active involvement of the federal agency will accelerate our program and provide an additional 11 hours of independent evaluation as it moves forward toward clinical development. said in a news release.

Fannins 11h is part of a series of compounds developed by Corey Hopkins, professor of pharmacy at the University of Nebraska Medical Center in Omaha. Fannin got his 11h license in June 2020.

11h could significantly complement [the] Dr. Dev Chatterjee, managing director of Fannin, says it is the current standard of care for many substance use disorders, some of which currently have no approved pharmaceutical treatment options.

Last year, Varadhachary told InnovationMap that the only thing Houston could do to increase its chances of success in life sciences, especially therapeutics, was to foster more entrepreneurial talent.

As a whole, I don’t think this community realizes how important and underresourced talent development as a whole is, he says. Not a thing. comes from doing

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