PWSA | USA is excited to celebrate a powerful new commitment from Soleno Therapeutics, a company already making history in the Prader-Willi syndrome (PWS) community. Following the FDA approval of VYKAT™ XR (diazoxide choline extended-release tablets), the first-ever treatment for hyperphagia in PWS, Soleno has announced plans to invest up to $5 million in grant funding to support innovative genetic research aimed at identifying a potential cure.
This investment reflects a bold and hopeful vision for the future of PWS research. Over the next year, Soleno says it will provide initial grant funding to advance the most promising scientific approaches. The company anticipates further investment will be needed to help bring these advances closer to the clinic.
“Soleno’s commitment to the PWS community is nothing short of inspiring,” said Stacy Ward, CEO of PWSA | USA. “This research has the potential to change the future for individuals and families affected by PWS. We can’t thank them enough for their efforts to support our loved ones.”
Below is the full announcement from Soleno Therapeutics:
Soleno Therapeutics to Invest in Research with Goal of Identifying a Cure for Prader-Willi Syndrome (PWS)
Recently, Dr. Anish Bhatnagar, Soleno’s CEO and Chairman announced the company’s intention to provide up to $5M of grant funding directed towards the most promising genetic approaches to potentially cure PWS.
The initial grant funding will be provided over the next year with the understanding that further funding will be required to advance promising approaches towards the clinic.
The effort will be led by Dr. Neil Cowen, Soleno’s Senior Vice President for Drug Development, who will assemble a world-class advisory board to inform decisions about the most promising approaches for the initial grants as well as the identification of those that merit subsequent and more significant investment.
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