The National Institutes of Health (NIH) is offering the Innovation Grants to Nurture Initial Translational Efforts (IGNITE) program, aimed at funding pharmacodynamic and pharmacokinetic studies for the development of neurotherapeutic agents targeting neurological and neuromuscular disorders. This funding opportunity encourages innovative research that can lead to new therapeutic treatments, with a phased application approach (R61/R33) focusing first on the preparation and characterization of therapeutic agents, followed by in vivo efficacy studies. The initiative is critical for addressing unmet needs in neurology through rigorous scientific methodology and collaboration among diverse research teams. Interested applicants can apply for funding up to $499,000 per year, with a total cap of $750,000 over a three-year project period, and must submit their applications by October 21, 2024. For further information, applicants can contact the NIH OER Webmaster at FBOWebmaster@OD.NIH.GOV or visit the additional information link provided.