Biosystems International announced this week that it is partnering with biopharmaceutical firm Pharnext on a six-year project to develop diagnostics and therapeutics for Alzheimer's disease funded by €10.4 million ($14.2 million) from the French innovation agency OSEO.

The collaboration calls for the companies to develop a prototype blood-based protein biomarker diagnostic for Alzheimer's disease as well as a therapeutic for the disease and a companion test for monitoring the drug's effectiveness and stratifying patient populations by their response.

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