Protekt Therapeutics

PKR Inhibition for Treating Neurodegenerative Diseases

Health Tech & Life Sciences
Active
Seed Bnei Brak Founded 2014
Website ↗
Total raised
$13.8M
Last: Undisclosed 2019-11
Stage
Seed
Founded
2014
Headcount
2
HQ
Bnei Brak
Sector
Health Tech & Life Sciences

About

Protekt Therapeutics is a biopharmaceutical company aiming to identify and develop a potent and selective oral PKR inhibitor (PKRi) to treat cognitive disorders such as Alzheimers disease and mild cognitive impairment. PKR is a stress and proapoptotic kinase that phosphorylates eIF2, a key protein in the translation machinery, and results in inhibition of protein synthesis and impaired memory consolidation.

PKR is also activated during apoptosis, autophagy, neuroinflammation, and A peptide toxicity, which are prominent features of Alzheimer's Disease (AD). Therefore, PKR inhibition offers a novel and promising disease-modifying mechanism for modulating multiple key processes in AD and other neurodegenerative diseases.

ProteKt Therapeutics was established in the FutuRx Incubator in December 2015 based on technology from Prof. Kobi Rosenblum's lab (Haifa University) and is now fully owned by Bukwang Pharmaceutical.

Funding history · 2 rounds · $13.8M total

2019-11
Undisclosed Undisclosed
2015-12
Seed $2.3M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
Biologicals
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticalsHealthcarePatients
Business model
B2B

Highlights

1 PatentsVerified

Tags

drug-discoverypharmaceuticalsneurologyalzheimers-diseasetherapeuticspatientsamyotrophic-lateral-sclerosis-alsseniorsneurosciencedegenerative-diseasesparkinsonrare-diseasesinflammatory-diseases