Biotech firm joins IU med school on Alzheimer’s
FORTVILLE — Lgenia, a Fortville-based biotechnology company, will collaborate with the Indiana University School of Medicine to discover new medicines for Alzheimer’s disease.
The IU School of Medicine was recently awarded a $36 million grant from the National Institutes of Health to create an Alzheimer’s disease drug discovery center with the aim of accelerating the discovery of promising new therapies.
The medical school said in a news release there is a growing body of evidence that certain genes associated with the immune system may be linked to Alzheimer’s disease, opening a new avenue for drug discovery. The new collaboration will initially focus on targets related to the brain’s immune system that may contribute to Alzheimer’s disease.
Lgenia also partners with the TB Drug Accelerator, sponsored by the Bill and Melinda Gates Foundation, on developing tuberculosis medications for parts of the world where current remedies are infeasible.
Home sales, prices up
HANCOCK COUNTY — Home sales and prices in Hancock County rose in February 2020 compared to February 2019, according to statistics from an Indianapolis real estate firm.
F.C. Tucker Company reported Hancock County home sales increased 19.8% month to month and that the county’s average home price went up 5.9% to $226,295.
For a 16-county central Indiana region, pended home sales rose 19.7% this February compared to last and the average home sale price increased 10% to $227,891. The year-to-date average home sale price also went up by 7.7%, to $222,906. Home inventory decreased by 17.9% compared to this time last year.
Credit union donates to cancer support
INDIANAPOLIS — Indiana Members Credit Union has donated $10,000 to Cancer Support Community Central Indiana as part of its Cancer Awareness Debit Card Program.
Indiana Members Credit Union members nominate a different local cancer-related organization to be the beneficiary each year. Cancer Support Community Central Indiana and specifically their Men’s Health Services programming was the selected beneficiary for the past year, receiving a contribution for each signature-based transaction made with the Cancer Awareness Debit Card from March 1, 2019 through Feb. 29, 2020.
