The Retinal Degeneration Fund Announces an Investment in NVasc
RALEIGH, N.C., Oct. 16, 2023 /PRNewswire/ --Today, the RD Fund (Retinal Degeneration Fund) – the venture arm of the Foundation Fighting Blindness aimed at rapidly driving research to advance preventions, treatments, and cures for retinal degenerative diseases, announces an investment in NVasc, an early-stage company focused on treating age-related macular degeneration (AMD).
- RALEIGH, N.C., Oct. 16, 2023 /PRNewswire/ --Today, the RD Fund (Retinal Degeneration Fund) – the venture arm of the Foundation Fighting Blindness aimed at rapidly driving research to advance preventions, treatments, and cures for retinal degenerative diseases, announces an investment in NVasc, an early-stage company focused on treating age-related macular degeneration (AMD).
- The financing supports continued product and nonclinical development of NVasc's technology for therapeutic angiogenesis as a treatment for retinal ischemia associated with age-related macular degeneration and geographic atrophy.
- Adrienne Graves, PhD, RD Fund Chair, joined the NVasc board as an independent board director.
- Dr. Graves, chair of Iveric Bio prior to its acquisition by Astellas, brings a wealth of Board governance experience to NVasc."