Palomar Labs has spun out Ariadne Bio, a new company focused on developing a non-hallucinogenic therapy for apathy in Parkinson's disease patients. This is significant because apathy is a debilitating symptom with limited treatment options, and Ariadne’s lead candidate, AB-300, leverages a previously studied molecule with a unique mechanism of action targeting serotonin receptors. The company is now preparing for a Phase Ib clinical trial and is backed by funding from Palomar Labs and The Michael J. Fox Foundation, with results expected to be released in Q4.
Read the full article at Genetic Engineering News
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