Longevity research company Genflow Biosciences Plc (LSE: GENF) (OTCQB: GENFF) announced on Wednesday that it has received EUR395,847 from the Government of Wallonia in Belgium as part of a Exofastrack research grant.
This non-dilutive, non-reimbursable subsidy supports Genflow and EXO Biologics' three-year scientific program, covering 80% of the expenses.
The grant will fund the development of a therapeutic product composed of exosomes encapsulating AAV or mRNA encoding SIRT6, targeting liver fibrosis (MASH) and Werner Syndrome, an accelerated aging disease.
Founded in 2020, Genflow, headquartered in the UK with R&D facilities in Belgium, focuses on gene therapies to slow the aging process and promote healthier lives.
Genflow's lead compound, GF-1002, delivers a centenarian variant of the SIRT6 gene and has shown promising preclinical results. A clinical trial for GF-1002, scheduled for 2025, aims to treat MASH, the most prevalent chronic liver disease currently without effective treatments.
Ananda's cannabinoid medicines to feature in NHS epilepsy trials
AstraZeneca's Wainzua recommended for EU approval
Avacta Group partners with Tempus to enhance AI-driven oncology drug development
PharmaLogic opens new radiopharmaceutical facility in Salt Lake City
Astellas Pharma's VYLOY receives US FDA approval
Foresee Pharmaceuticals completes linvemastat (FP-020) phase clinical study in Australia
Ionis and AstraZeneca's WAINZUA recommended for EU approval
Novartis receives positive CHMP opinion for Kisqali
OncoZenge partners with Pharmanovia for exclusive BupiZenge commercialization in EMENA regions
SHINE Technologies collaboration could result in new kidney and prostate cancer treatments
Elysium Health launches VISION for visual performance and eye health
IgGenix doses first patient in IGNX001 ACCELERATE Peanut Phase 1 trial
Innovent Biologic meets primary endpoint in picankibart phase 2 study