Headquartered at OpenZone campus, Diadem was founded in 2012 as a spin-out of the University of Brescia (Italy), with the support of the Italian Ministry of Education, Universities and Research. It is considered to be one of the most promising Italian biotech SMEs (small and mid-size enterprises).
Diagnostics for neurodegenerative conditions such as Alzheimer's disease have not been able to identify patients early enough in the disease process to allow interventions to slow or stop disease progression. With this investment, the EIB is confirming its commitment to research and to companies such as Diadem that are at the forefront of biotechnology innovation. We expect this EIB funding will help contribute to a revolution in Alzheimer's disease diagnostics, through the ability of AlzoSure® Predict to enable precise and early prediction of which individuals will progress to Alzheimer's disease.
As a company whose innovative technology was discovered and developed in Italy, we are proud to receive this vote of confidence and financial support from EIB. We believe AlzoSure® Predict represents a significant advance for the millions of patients in Europe at risk from Alzheimer's disease. Earlier knowledge will benefit those individuals found to be at risk, who can now take steps to slow the progression of the disease, as well as those who are found to be at low risk of advancing to AD. We also expect that the availability of AlzoSure® Predict will facilitate the development of promising new therapies. Diadem intends to partner with health providers to ensure wide access to AlzoSure® Predict and we expect the test to be available in the EU later this year.