Regenesance Receives Innovation Credit from Dutch Government

October 14, 2011

Cambridge, MA- The Dutch Ministry of Economic Affairs and Innovation (Agentschap, NL) awarded a substantial credit to Regenesance for the development of new compounds to treat Multiple Sclerosis (MS).  The credit will provide up to 35% of the costs of advancing a lead compound through clinical phase IIA.  Assuming the Company meets all milestones, total support could approach $5 million under the credit.

“We are honored and excited to receive this important funding from the Dutch government” said Regenesance CEO Robert L. Buchanan.  “Multiple Sclerosis is a chronic neurodegenerative disease with no cure.  The credit will help us move a new treatment option for MS patients towards the clinic” 

Regenesance Inc- is a 2009 spin-out of the Academic Medical Center (AMC) of the University of Amsterdam, the Netherlands.  The Company has offices in Amsterdam and Cambridge.  Regenesance is dedicated to treating serious neurodegenerative diseases and acute nerve trauma by blocking only the last step of complement activation (formation of the membrane attack complex).  For more information, see


Membership Deliverables

MassBio Membership gives you:

Purchasing power-MassBio negotiates a broad-based collection of services on behalf of member companies and passes the savings on to its members. 

Networking and professional development-MassBio organizes and executes numerous conferences, committee meetings, and networking events throughout the year.

MassBio Signature Events-Attend our Investors Forum, Innovator Roundtables, Pharma Days, our Golf Classic Fundraiser, Policy Leadership Breakfast, and many others.

Public policy & Advocacy-As the state's leading advocate for our life science super cluster, we fight for public policy initiatives and tax incentives in Massachusetts and Washington, D.C., that will enable biotechnology companies to do their best work.

Economic development-MassBio provides expert advice and guidance to help companies find suitable locations and resources as they move to and grow in the Bay State. We make Massachusetts a better place for your business.

Visibility/Resources-Members are listed on a searchable directory that includes a profile and link to the company's website. We highlight your company's latest news by posting to our MassBio member news page. In addition, members can post job openings on our website free!

Educational incentives-We promote education, workforce development and lifelong learning through the MassBioEd Foundation. The foundation customizes training programs for companies and educational institutions and promotes science in the classroom through BioTeach. MassBio members receive a discount on courses offered by the foundation.