NUZ neurizon therapeutics limited

Ann: Appendix 4C & Quarterly Update, page-8

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    No I don't sorry. Generally it is around 30% cheaper than usual. Healey are also very good at attracting attracting grants from various foundations to assist small companies.

    The fact that some of their costs were covered was a significant benefit for the smaller companies in the HEALEY trial. Prilenia, for example, had six employees at the time it applied to join the trial. “The good news was they paid for the drug, so we didn’t have to raise money for [that],” CEO Michael Hayden told BioSpace. The infrastructure build and support were also partially funded by several foundations, Cudkowicz said.

    “I’m grateful. Without HEALEY, we would never have done this trial,” Hayden said. “We didn’t have the money.”

 
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