Aspiro Therapeutics and University of Arizona Awarded Follow-On Funding from the Flinn Foundation

Tucson, AZ / January 13, 2025 – Aspiro Therapeutics, in collaboration with the University of Arizona, is honored to announce it has been awarded follow-on funding through the Flinn Foundation Seed Grants to Promote Translational Research program. This additional $100,000 funding underscores the team’s continued progress in developing innovative therapies for obstructive lung diseases.

The follow-on funding, issued to Dr. Julie Ledford as the Principal Investigator, will support crucial next steps in the development of Aspiro’s groundbreaking therapy based on CC16, a natural lung protein with protective properties. The funding will specifically enable the team to conduct an aerosol feasibility study, taking a key step in bringing this novel therapy closer to clinical application.

“This funding is a significant milestone in our journey to develop a therapy that addresses the underlying mechanisms of obstructive lung diseases,” said Dr. Julie Ledford, Co-Founder at Aspiro Therapeutics. “The Flinn Foundation’s support validates the potential impact of our CC16-based therapy and accelerates our ability to bring it closer to patients in need.”

James Lovgren, CEO and Co-Founder of Aspiro Therapeutics added: “We are deeply grateful to the Flinn Foundation for recognizing our vision to transform respiratory care. This follow-on funding enables us to further advance our work and exemplifies the innovative spirit of Arizona’s bioscience ecosystem.”

This recognition highlights the strength of the collaboration between Aspiro Therapeutics and the University of Arizona, showcasing Arizona’s leadership in cutting-edge bioscience innovation.

About the Flinn Foundation

The Flinn Foundation is a philanthropic grant-making organization dedicated to improving the quality of life in Arizona to benefit future generations. Founded in 1965, the foundation provides funding for initiatives in the fields of bioscience, health care, and education, with a mission to drive advancements that strengthen Arizona’s biomedical research ecosystem. Through its seed grant program, the Flinn Foundation supports high-potential research projects and innovators working to transform health care and improve patient outcomes.

For more information about the Flinn Foundation Seed Grants program, visit Flinn Foundation’s Seed Grants Program.