€500,000 for Non-Profit Drug Repurposing Research: Galeon Launches Innovative Funding Initiative

PRESS RELEASE
Published April 8, 2024

Galeon, a pioneering AI-powered health community, proudly announces the launch of a groundbreaking €500,000 non-profit funding initiative for drug repurposing. This revolutionary project aims to unlock the potential of existing off-patent drugs, often overlooked by the pharmaceutical industry, and repurpose them for new therapeutic applications.

Unleashing the Power of Drug Repurposing

Drug repurposing leverages the wealth of knowledge and investment already poured into existing medications, offering a faster, more cost-effective path to new treatments. By identifying new uses for off-patent drugs, Galeon aims to:

  • Accelerate the development of life-saving therapies

  • Address unmet medical needs

  • Reduce the cost of drug development

  • Increase access to innovative treatments for patients

  • Funding for Maximum Impact

The campaign seeks to identify promising research projects and provide €500,000 in funding to support the necessary studies for repurposing a drug for a new disease indication. A distinguished independent scientific committee will rigorously evaluate and select the most promising research proposals. Additionally, Galeon's community of pioneers will actively participate in the selection process.

A Commitment with No Strings Attached

Galeon's research funding is entirely non-profit and comes with no strings attached. The sole purpose is to support medical research and pave the way for groundbreaking treatments that benefit everyone.

Join the Revolution

Supporting Galeon's campaign means contributing to a brighter future for medicine. Form to apply if you have a project to be a part of the future By joining this pioneering initiative, you can:

  • Accelerate the discovery of life-saving treatments

  • Support open and transparent research

  • Empower the community to drive innovation

  • Ensure that everyone has access to affordable healthcare.

For more information, visit our website on Galeon website or contact us on our social media channels.

About

Galeon is a revolutionary AI-powered health community that empowers patients, researchers, and healthcare professionals to collaborate and drive innovation in medicine. By leveraging the power of AI and Blockchain, Galeon is accelerating the discovery of life-saving treatments and making healthcare more accessible and affordable for everyone.

Email: repurposing@galeon.care

Disclaimer: This press release, titled '€500,000 for Non-Profit Drug Repurposing Research: Galeon Launches Innovative Funding Initiative', is distributed by Galeon. The information included here is for informational purposes only. It doesn't constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any services under discussion. Reading or receiving this information doesn't constitute professional advice on your part, and you should consult with a professional advisor or Galeon directly before making any decisions based on this information. The content, including your receipt of this content, shouldn't be construed as an endorsement or advice from Galeon or its affiliates. Galeon and its affiliates disclaim any liability for losses or damages arising from the use of this press release. Galeon complies with the regulatory requirements in the dissemination of this press release and doesn't endorse the accuracy or reliability of any statement made in this press release by third parties. Neither Galeon nor its partners will be held responsible for any damage incurred as a result of the reliance on the information contained within this press release. Before investing time or resources in any project mentioned within this press release, potential investors should contact the issuer company directly for more information.

Release ID: 986970

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