Our client, NeuroTherapia, is making remarkable strides in Alzheimer's disease treatment. With a focus on CD2 receptors using cannabinoid 2 agonists they are making great strides. Phase 1B trial success at 90mg showcased significant ADAS COG improvements in just 7 days. A groundbreaking discovery in 24-hour EEG readings reveals a compelling reversal in Alzheimer patients, propelling them toward the next trial.
Tell Me More About Your Business.
NeuroTherapia, is achieving remarkable progress in Alzheimer's disease treatment using cannabinoid 2 agonists. The focus on CD2 receptors, crucial in addressing neural inflammation and subsequent neuronal damage, has shown promising results in animal models. The Phase 1B trial demonstrated the safety of our drug at a predicted efficacious dose of 90 milligrams, with notable improvements in the ADAS COG test after seven days. Additionally, the examination of 24-hour EEG readings uncovered a compelling reversal of the dampening effect on EEG wavelengths in Alzheimer patients. This exciting discovery propels us forward as we plan the next trial, aiming to validate and build upon these achievements. BudgetEase is honored to contribute to a company dedicated to advancing Alzheimer's disease treatment.
What is your biggest challenge?
Bringing a new pharmaceutical product to market is challenging enough. We are funded by multiple investors. Maintaining accurate, timely financial information keeps us on track in the development of our technology, helps us stay on budget and make impactful decisions on the best uses of our funding.
What Lead you to BudgetEase?
Our decision to engage with BudgetEase stemmed from a strategic move recommended by our accounting firm, with whom we've had a longstanding relationship of over 15 years. Recognizing the potential conflict of interest if they were to handle both bookkeeping and auditing for NeuroTherapia, our accounting firm advised seeking an independent bookkeeper for a more streamlined and unbiased audit process. Following interviews with several bookkeeping groups, BudgetEase stood out as the best fit for our specific requirements.
Why Do You Find Having Someone Else Do Your Bookkeeping Helpful?
Entrusting our bookkeeping to an external service has proven highly advantageous for several reasons. Our relationship with BudgetEase puts the finances on auto pilot with our financial information updated twice a month. Monthly meetings with BudgetEase ensure every transaction is in order. With efficient processes I am never behind or concerned about the state of our financial information so can devote my energies to furthering our mission to find a viable Alzheimer’s treatment.