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Epilepsy Therapy Project Logo

Epilepsy: Venture Philanthropy Pays Off

Epilepsy Therapy Project, a nonprofit organization, announces success in moving a new epilepsy treatment closer to patients.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Mar 09, 2009 -
Epilepsy Therapy Project, a nonprofit organization that supports inventors and entrepreneurs to develop new therapies the treatment of epilepsy, is proud to report the successful milestone for ganaxolone, a new epilepsy therapy.

ETP was an early supporter of Marinus Pharmaceuticals, Inc., providing seed funds and introductions that helped the company engage venture capital groups to provide the $30 million needed to reach this stage.

Our seed funding is an example of ETP’s venture philanthropy program: Our goal is to assist start-up companies to move to the next step leading toward a new therapy for epilepsy. Since inception, ETP has provided 33 grants for specific, short-term project, one matching grant, and three seed-stage investments to support start-up companies.

Visit us at www.epilepsy.com/epilepsy_therapy_project

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Epilepsy Therapy Project, the sponsor of epilepsy.com , is a non-profit organization whose mission is to advance new treatments for people living with epilepsy. ETP helps to fast-track great ideas scientists develop to reach people as fast as possible.

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Contact Email:
***@epilepsytherapyproject.org
Source:Epilepsy Therapy Project
Phone:540-687-8077
Fax:540-687-8066
Address:PO Box 742
Zip:20118
State/Province:Virginia
Country:United States
Industry:Health
Tags:, , ganaxolone, seizure medication, epilepsy therapy project, marinus pharmaceuticals
Last Updated:Mar 09, 2009
Shortcut:http://prlog.org/10195820
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