NEU 0.35% $20.17 neuren pharmaceuticals limited

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    Through a contractual agreement with Auckland Uniservices
    Limited, the lab has already delivered a commercial drug
    candidate called NNZ2566 for the New Zealand biotechnology
    company Neuren Pharmaceuticals. NNZ2566 protects brain cells
    from dying after traumatic head injury. With $18 million in
    funding from the US Army, the drug is now in phase 2b human
    clinical trials and is being tested in trauma centres around the
    world.
    If it goes to the market it will be the first drug for traumatic brain
    injury, says Margaret. It will put The University of Auckland and
    New Zealand on the international map as a world class hub for
    drug discovery and development.
    www.che.auckland.ac.nz/staffsites/BrimbleM/margaretbrimble
 
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