Brainwave Discovery is awarded a SMART:SCOTLAND grant
Brainwave Discovery are delighted to announce that we have been awarded a SMART: SCOTLAND grant to further develop our innovative drug discovery technology. The funding will be used to develop an advanced, robotically automated, high-throughput screening system for drugs that could be used to treat Alzheimer's Disease.
Alzheimer's Disease is one of the biggest challenges to healthcare and social infrastructure in modern societies. Current screening methods are still slow and expensive to use and there is an urgent need for effective treatments and novel in vivo screens for new compounds. Brainwave Discovery's new technology is designed to speed up the drug discovery process considerably and the results from our novel system will provide valuable information to pharmaceutical companies in the pre-clinical drug discovery phase.
SMART:SCOTLAND grants are awarded to small and medium enterprises based in Scotland that undertake technological innovations. They are designed to support (in conjunction with private funding) a feasibility study or R & D project with clear commercial potential. The programme is managed by Scottish Enterprise.