$15M Boost for C2N Diagnostics to Revolutionize Alzheimer's Testing with New Tau-Based Blood Test

October 3, 2024
$15M Boost for C2N Diagnostics to Revolutionize Alzheimer's Testing with New Tau-Based Blood Test
  • C2N Diagnostics, LLC has secured a significant $15 million investment from the GHR Foundation to advance the development of next-generation Alzheimer's disease tests that focus on tau tangle pathology.

  • The new blood test will utilize tau-based biomarkers, including MTBR-tau, which are crucial for diagnosing Alzheimer's, staging its progression, and supporting tau-directed treatments.

  • Dr. Howard Fillit, Chief Science Officer of the Alzheimer's Drug Discovery Foundation, emphasized the importance of C2N's blood tests in making diagnostic testing more affordable and accessible for Alzheimer's care.

  • C2N Diagnostics aims to elevate the standards of Alzheimer's diagnosis through innovative testing solutions, as highlighted by their CEO, Dr. Joel Braunstein.

  • Tau tangles are critical components of Alzheimer's disease pathology and are linked to the clinical progression of the disease.

  • C2N's existing PrecivityAD2 blood test has demonstrated a 90% accuracy rate in diagnosing Alzheimer's, as supported by research published in the Journal of the American Medical Association.

  • In addition to the GHR Foundation's investment, C2N received up to $7 million from the Alzheimer's Drug Discovery Foundation's Diagnostics Accelerator to develop a decentralized clinical mass spectrometry platform for scalable Alzheimer's testing.

  • This new mass spectrometry platform will track both amyloid and tau pathology, with the potential to incorporate future assays for other neurodegenerative diseases.

  • C2N has established partnerships with major clinical diagnostic labs globally, including Unilabs in Europe and Grupo Fleury in Brazil, to expand access to testing.

  • The company has participated in over 150 research studies related to Alzheimer's disease and continues to collaborate with various organizations to enhance public health.

  • This latest investment follows a previous $7.025 million grant from the Alzheimer's Drug Discovery Foundation aimed at improving Alzheimer's testing through mass spectrometry.

  • Since 2020, the GHR Foundation has invested a total of $50 million in C2N, underscoring their commitment to advancing Alzheimer's diagnostics.

Summary based on 2 sources


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