Re : Proneuron,
Michael J. Fox Foundation puts faith in Israeli Parkinson's research
Cell Cure Neurosciences and Proneuron Biotechnologies have been awarded grants under a new program started by the foundation.
Laura Goldman 25 Apr 07 19:24
Two Israeli companies working on treatments for Parkinson's Disease have been awarded grants by the Michael J. Fox Foundation. Cell Cure Neurosciences and Proneuron Biotechnologies were awarded $660,000 and $430,000 respectively under a new program started by the foundation to recognize that breakthrough research is being done in industry.
"Can you believe it? Two out of the 10 companies that received a grant under the therapeutic development initiative came from Israel," said Karen Leeds, development officer at the Fox Foundation. "The competition was stiff. More than 70 companies from all over the world applied."
These two small Israel biotech companies successfully competed with industry giants like Wyeth Pharmaceuticals. In fact, Cell Cure received the largest grant awarded by the foundation under this initiative.
The Michael J. Fox foundation (MJFF) was founded by Parkinson's sufferer and actor Michael J. Fox. Many of us first met Michael as the lovable Alex P. Keaton in the TV sitcom Family Ties and then as deputy mayor Mike Flaherty on Spin City. He also had a successful movie career, highlighted by starring roles in the Back to the Future series.
Perhaps because the foundation's founder and creator has a personal stake in finding a cure to Parkinson's as quickly as possible, the MJFF is widely considered the leading scientific foundation currently trying to find a cure for Parkinson's. Over six million people worldwide - and one million in the US alone - suffer from Parkinson's.
Since the year 2000, the foundation either by itself or in partnership has already funded $90 million dollars in research, which could also aid patients of other neurodegenerative diseases like ALS and Alzheimer's.
The foundation's Therapeutic Research Initiative, which allocated $4.6 million, was designed to encourage commercial entities conducting research on the central nervous system to focus on a cure for Parkinson's. Without money from the foundation, much of this research would likely be stalled.
While both located in Israel, Cell Cure and Proneuron could not be more different in their approach to finding a cure for Parkinson's. Cell Cure focuses on stem cells while Proneuron's research, which attracted the attention of centers on the immune system.
According to Cell Cure's chief scientific officer and head of research Professor Benjamin Reubinoff, the company's research centers on converting human embryonic stem cells into dopamine producing neurons.
The damaged neurons of patients suffering from Parkinson's can no longer create dopamine in the brain, thus causing the muscle tremors, rigidity and twitches that make life a nightmare for them. When given synthetically, dopamine relieves the patient's symptoms but its effect is temporal and is associated with significant side effects. Reubinoff hopes to successfully transplant these converted dopamine producing neurons into the human body, enabling the body to resume producing its own dopamine.
The director of Hadassah's Human Embryonic Stem Cell Research Center, Reubinoff is also a gynecologist who specializes in infertility problems and in vitro fertilization.
"It was through my work in infertility that I got to stem cells," Reubinoff told ISRAEL21c.
Cellcure is jointly owned by ES Cell International of Singapore and Hadasit Bio-Holdings (HBL), the publicly traded (Tel Aviv Stock Exchange) subsidiary of Hadasit, which is the corporation that handles the intellectual property of the world famous Hadassah Medical Center.
In marked contrast to the charged legal and political atmosphere in the United States against stem cell research, the field is flourishing in Israel, said Cell Cure's chief operating officer Dr. Charles Irving.
"In all of the United States, there are 10 public stem cell companies, while in tiny Israel there are already five. It seems like more companies are going public on the Tel Aviv exchange every week. Supporting stem cell research seems to come from the Jewish ethos of helping people," he told ISRAEL21c, backing up similar sentiments from Reubinoff.
"The Jewish religion and Orthodox rabbis support human embryonic stem cell research. Their priority is to save a human life. The Israeli Knesset has passed a law authorizing this kind of research," added Reubinoff.
Founded on the groundbreaking neuroimmunology research of Dr. Michal Schwartz of the Weizmann Institute, Proneuron uses different, but equally valid research to search for a cure for Parkinson's. Instead of creating new neurons, Proneuron seeks to repair and restore neuronal function by using the body's natural repair machinery, the immune system. Previously, it was thought that it was best not to engage the body's immune system in repairing damage to the central nervous system.
While Parkinson's patients show an inflammation of the central nervous system, anti-inflammatory medication has not helped. Proneuron's research has shown that boosting the right immune system response can successfully modulate the immune activity to become beneficial for neuronal survival and renewal. This approach has the potential not only to attenuate or stop disease progression, but also to restore lost function, according to Dr. Eti Yoles, the company's VP of Research & Development.
After earning a Ph.D in neurobiology from Bar-Ilan University in 1990, Yoles spent the subsequent 10 years, first as a post-doctoral fellow and later as an assistant staff scientist in Schwartz's laboratory. There she studied the physiological aspects of post-traumatic neuronal survival, focusing on the role the immune system plays in maintenance and repair of the central nervous system. Bringing that expertise to Proneuron has enabled the company to advance to the level of beating out the stiff competition for the Fox Foundation grant.
"The foundation was enthusiastic about Proneuron's approach to modulate immune responses as a possible neuroprotective therapy for Parkinson's disease. We are pleased to provide funding for this potentially high impact research," said Dr. Brian Fiske, associate director of research programs for the Michael J. Fox Foundation.
Proneuron's Yoles wasn't surprised by the success of her company or that of Cell Cure in winning the foundation grants.
"The science in Israel is at a very high level. Students are encouraged to compete and collaborate internationally very early in their career. Since there is not much money to fund research in universities in Israel, scientists here learn quickly to adapt their research towards commercial use."
Let us hope that one of these two companies finds a cure to Parkinson's and Michael J. Fox recovers enough to be able to visit Israel and thank them in person.
This article was first published by Israel21c. It is republished here with permission.
Published by Globes [online], Israel business news - www.globes.co.il - on April 25, 2007
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