Government

U.S National Institutes of Health Awards $1.4 Million Funding to Pluri for PLX-R18 Acute Radiation Syndrome Research

Published June 6, 2024

Pluri Inc. PLUR, an innovator in the biotechnological field, has recently made a landmark announcement regarding the continued backing from a prestigious arm of the U.S. government. The U.S. National Institute of Allergy and Infectious Diseases (NIAID), under the National Institutes of Health (NIH), has exercised its option to allocate a $1.4 million budget for the second year of the research and development agreement with Pluri concerning their experimental treatment for Acute Radiation Syndrome (ARS), known as PLX-R18.

The Significance of the NIH Funding

This infusion of funds signifies a vote of confidence in Pluri's ongoing research from one of the world's foremost medical research institutions. It showcases the NIAID's commitment to advancing potential treatments for conditions like ARS, which poses a serious threat to health in scenarios such as radiation exposure from nuclear accidents or radiological terrorism.

PLX-R18's Role in ARS Treatment

PLX-R18 is at the forefront of Pluri's cell therapy product pipeline. As a treatment designed to mitigate the effects of ARS, which can be devastating to the body's ability to produce blood cells, this product could revolutionize how such medical crises are handled. The therapy functions by potentially improving survival rates and speeding up recovery through the regeneration of the bone marrow's hematopoietic system, which is critical in the production of blood cells.

Pluri's Path Forward with NIH Support

With this substantial endorsement by the NIH, Pluri is poised to further its research efforts, buoyed by significant financial support. The company's advancement brings hope to enhancing biodefense mechanisms and potentially saving lives in emergency situations involving radiation exposure.

biotechnology, funding, research