Regulatory Advancements
Secured a special protocol assessment with the FDA, significantly derisking the regulatory pathway for NurOwn, the ALS treatment.
Strategic Partnerships for Trial Execution
Partnership with IQVIA for managing the Phase 3b trial and with Pluri Inc. for GMP compliant production of NurOwn.
Cost Reduction Achievements
Research and development expenses reduced from $10.7 million in 2023 to $4.7 million in 2024. General and administrative expenses also decreased from $10.7 million in 2023 to $7 million in 2024.
Financial Strategy and Inducement
Raised approximately $1.64 million through a warrant inducement agreement. Actively pursuing multiple funding avenues including licensing non-core assets and exploring non-dilutive financing opportunities.
Commitment from Leadership
Senior leadership and staff have taken salary reductions or worked without compensation to advance the trial.