July 6, 2015
The Alpine Institute for Drug Discovery (AiDD) gets CHF 100’000 support from the Fondation pour l’Innovation Technologique (FIT) to address unmet medical needs in inflammation
AiDD is the first Institute for Drug Discovery (IDD) in Switzerland - Emerging model for performing innovative early stage drug discovery in collaboration with academic institutions. The supported project aims to develop novel orally available molecules using an innovative multi-dimensional approach to address unmet needs in inflammatory bowel disease, psoriasis, and rheumatoid arthritis. With the support of the FIT, AiDD is collaborating with the University of Geneva to validate the identified hits from the screening campaign against a novel undisclosed target.
About the FIT
FIT - the Foundation for Technological Innovation - has been helping startups since its inception in 1994 and aims to support high technology and innovative projects by providing appropriate financial assistance. With its financial support, FIT can help complete an initial project or validate a new technology, thereby accelerating the project’s commercial development.
For more information about FIT: see FIT