Silo Pharma Extends Alzheimer’s Therapeutics Research Pact

Silo Pharma Inc (NASDAQ:SILO) entered into an agreement with Columbia University under which Silo has been granted an extension…
  • Silo Pharma Inc (NASDAQ:SILO) entered into an agreement with Columbia University under which Silo has been granted an extension for its option to license certain assets currently under development, including Alzheimer’s disease and Stress-Induced Anxiety.
  • “The first steps of our research with Columbia have been positive and we’re happy to extend this research and option pact to continue the progress of SPC-14 as an Alzheimer’s therapeutic and SPC-15 for Stress Induced Anxiety disorders,” said Eric Weisblum, CEO of Silo Pharma.
  • The extension to the agreement incorporates the work of Dr. Christine Ann Denny, an Associate Professor of Clinical Neurobiology (in Psychiatry) at Columbia University Irving Medical Center. 
  • Denny and her team focus on the molecular mechanisms underlying learning and memory, including Alzheimer’s disease.
  • Silo is currently conducting ongoing research studies and looks forward to sharing these results as data becomes available.
  • Price Action: SILO shares are trading higher by 0.68% at $5.04 on the last check Tuesday.
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