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Ann Arbor, MI 48104

FreeStride Therapeutics

FreeStride Therapeutics is working with Ohio State University to create a drug that relieves and even prevents shin pain for racing horses. It could also have implications for companion animals, like dogs and cats, suffering from arthritis. The Ann Arbor-based company, which is repurposing a human drug for veterinary purposes, has completed its first clinical trial and is raising seed capital to complete development.

 

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FreeStride Therapeutics is getting ready to hit its stride next year after it finishes laying the groundwork for what could turn out to be a long run in drug development.The Ann Arbor-based company, which is repurposing a human drug for veterinary purposes, has completed its first clinical trial and is raising seed capital to complete development. The  start-up expects to raise $3.5-$4 million by year-end so it can seek FDA approval within three years. Thus far the Michigan Pre-Seed Capital Fund has provided funding for the founders to continue their research."It's all lab time," says Michael Long, who co-founded the three-person company a year-and-a half ago with David Olson and Noura Bashshur. "It's all about clinical trials and horses."FreeStride Therapeutics is working with Ohio State University to create a drug that relieves and even prevents shin pain for racing horses. It even has implications for companion animals, like dogs and cats, suffering from arthritis.Source: Michael Long, co-founder and COO of FreeStride TherapeuticsWriter: Jon Zemke read on…
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