Setting up a business can help scientists develop skills in marketing, sales, communication and more.
Lysimachos Zografos took his career into his own hands: rather than struggling in academia against a lot of competition and diminishing funds, he set up his own business, Parkure. I spoke to him whilst I was up in Edinburgh earlier this month to find out more.
What is Parkure?
Parkure is a for-profit company focused solely on discovering drugs that will halt the progression of Parkinson’s disease (PD). To do this we have developed a primary assay based on transgenic fruit flies that express a protein that is responsible for the initiation and propagation of PD in the brain. Rather than serendipitous discovery, we look for things that might work in repurposed drugs.
Why did you start Parkure?
There were two reasons: one was a penny-drop moment when I realised this could be a way that I could take the research that I had been working on for a while, and potentially see applicable results that could benefit people.
The second reason was that of the PhD students that I was surrounded by (many of which are my friends); less and less of them have a job with at least a 5-year contract. With that in mind, I thought that if I was going to be in a risky position, I wanted to be in charge of it, rather than someone else.
How are you funding Parkure?
We’re currently doing a crowd-funding campaign on SharIn – it’s an equity crowd-funding campaign that gives people a share of the company in return for their investment. We specifically chose equity crowd-funding because even though we’re a for-profit company, we want to share whatever we make from this.
The minimum goal is £10000, and the maximum goal is £150000. We are currently (9 January 2015) at £50k, with the deadline on 20 February 2015. The money that we are raising now is going to be enough to help us obtain market traction to help us raise £1.5-£2million to do a full-scale screen of 50k compounds and keep the company running.
In crowd-funding statistics, we’re there, but its’ hard to believe. Your brain thinks about these things in a very linear fashion. So every day you feel you should get a pledge of £1500 to reach your goal by your deadline. But that’s not how it works; you usually get pledges in chunks and periods where nothing happens. Continue reading

but it’s not possible to track LRRK2 activity in the brain, making the search for targeted therapies against the disease challenging. In a new study, researchers now provide evidence for a way to measure LRRK2 activity—and a new compound that can block the damaging effects of the protein in rodent neurons.