Here’s why the Alterity Therapeutics (ASX:ATH) share price blasted 20% higher today // The Motley Fool Australia

The Alterity Therapeutics Ltd (ASX: ATH) share price is soaring today, up by more than 20% at the time of writing. The Alterity share price is currently trading at 4.7 cents a share.

Alterity Therapeutics is an Australian biotechnology company that focuses on commercialising research into Parkinsonian movement disorders, Alzheimer’s disease, Huntington disease, and other neurodegenerative disorders.

Michael J Fox Foundation puts up funding, Alterity share price soars

Alterity Therapeutics announced today that the company has been awarded a US$495,000 research grant from The Michael J. Fox Foundation for Parkinson’s Research.

The funding will be put toward determining the optimal dosing of ATH434 for Parkinson’s disease (PD)…