Milner Therapetucis Institute, Elysium Health partner up in developing preventive medicines

Milner Therapetucis Institute, Elysium Health partner up in developing preventive medicines

March 28, 2017 Off By Dino Mustafić

The Milner Therapeutics Institute is partnering up with Elysium Health to the Milner Therapeutics Consortium.

The Institute said in its press release that Elysium Health has committed significant investment for collaborative projects with academic researchers in Cambridge over the next four years. This is the first major research investment outside the U.S. for the New York-based company.

Together Elysium Health will work with University of Cambridge academic scientists and the Milner Therapeutics Institute tMilner Therapeutics Institute partners up with Elysium Health to develop preventative medicine from natural products.

Also, as a part of the deal Elysium Health will join the Milner Therapeutics Institute Innovation Board to help define and solve some of the grand challenges in health today such as early intervention to prevent avoidable chronic diseases and maintaining health over extended lifespans. The funds will be used by Elysium Health to better understand ageing, cognitive health, metabolic health and general wellbeing to develop clinically validated products, the Milner Therapeutics Institute.

The Milner Therapeutics Institute has constructed a therapeutics ecosystem in Cambridge which match-makes between pharmaceutical and biotechnology companies and researchers. The Consortium brings together the drug development capability of pharmaceutical companies with the know-how of entire academic institutions in Cambridge and has been specifically modelled to help facilitate the speedy exchange of resources and information between partners through a pre-signed agreement. Company partners are able to work individually with academics or through joint activities in order to help accelerate drug development. The Consortium’s Innovation Board includes companies and academic partners and is responsible for overseeing the strategic direction, collective research funding and collaborative activities.

Commenting on the announcement, Prof Tony Kouzarides, founder and director of the Milner Therapeutics Institute said: “Elysium Health is a great addition to the Milner Therapeutics Consortium, broadening and complementing the knowledge of the companies we already work with. We will work closely with Elysium to help them discover more about the cellular processes that maintain our health and develop this knowledge into preventative healthcare strategies.”

Professor Leonard Guarente, founder and chief scientist at Elysium Health who also serves as the director of the Glenn Laboratory for the Science of Aging at Massachusetts Institute of Technology, added: “We are delighted to partner with Milner Therapeutics to further expand our understanding of the ageing process. At Elysium, we are committed to robust research in order to advance scientific breakthroughs and make them accessible to consumers.”