PolyU Research Projects Secure RAISe+ Funding, Including Led Project by Prof. Simon Lee
The Hong Kong Polytechnic University (PolyU) has secured funding for four projects under the second batch of the Research, Academic, and Industry Sectors One-plus (RAISe+) Scheme, with three led by members of the PolyU Academy for Interdisciplinary Research (PAIR). Notably, Prof. Simon Lee Ming-yuen, a Management Committee Member of the Research Centre for Chinese Medicine Innovation (RCMI), leads one of the successful projects.
Inaugurated in 2023, the RAISe+ Scheme aims to provide funding, on a matching basis, for at least 100 research teams from universities funded by the University Grants Committee which demonstrate strong potential to evolve into successful startups. Each approved project will receive funding support ranging from HK$10 million to HK$100 million.
Prof. Lee’s project, titled Novel Nutraceuticals for Neurodegenerative Diseases.This project develops novel nutraceuticals and drugs derived from natural resources for treating neurodegenerative diseases. It establishes the LifeChip technology platform, combining next-generation DNA sequencing, AI-driven discovery, advanced chemical separation, high-throughput in vivo screening, and synthetic biology. Focusing on neurodegenerative diseases like Alzheimer’s and Parkinson’s, as well as neurological disorders including insomnia, depression, and anxiety, this integrated approach delivers a comprehensive solution for both prevention and treatment using innovative nutraceuticals with unique mechanisms of action. For instance, the development candidate Oxyphylla® is a first-in-class drug targeting α-synuclein, an emerging therapeutic target for Parkinson’s disease. Oxyphylla® is anticipated to become a disease-modifying therapy, offering a breakthrough in neurological health.
For more details, please refer Press release: https://www.polyu.edu.hk/en/media/media-releases/2025/0620_polyu-research-projects-win-funding-support-from-raise-scheme/
Online coverage:
Oriental Daily News - https://polyu.me/3FZoEPp
Ta Kung Pao - https://polyu.me/45va2Sk
Wen Wei Po - https://polyu.me/44jUdfY
Line Today - https://polyu.me/43OTu6y
CCTV - https://polyu.me/4ehx1T9
Wuxi Daily - https://polyu.me/3Gat71H
Science Net - https://polyu.me/43ULCjN
The Paper - https://polyu.me/4klyyJr
CHNM - https://polyu.me/3ZGc6D8
Sina - https://polyu.me/4ecyiL4
Guangzhou Daily - https://polyu.me/43Xn35V
CMG The Greater Bay Area - https://polyu.me/3TQ4muV
