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SYN1002

A New Therapeutic Option to Protect Central Nervous System against Acute Ischemic Stroke

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 SYN1002 project word cloud

Explore the words cloud of the SYN1002 project. It provides you a very rough idea of what is the project "SYN1002" about.

potent    efficient    agent    documenting    deal    world    safety    2012    suitable    perfect    deaths    window    limited    treat    pathologies    50    each    share    ongoing    event    265m    neuroprotective    net    markets    rtpa    complement    feasibility    anti    protect    16    causing    market    therapeutic    six    applicable    initially    patient    positioning    biotech    confirming    of    treatments    neuronal    intends    ischemic    multiple    qualify    400m    damage    indication    disability    sales    million    proof    industry    doses    stoke    peak    tolerability    ais    2026    business    permanent    successfully    pharmaceutical    peptide    experiencing    strokes    patients    treatment    persons    orphit    recombinant    framework    licensing    pioneer    inflammatory    drug    solution    plasminogen    immune    draw    seed    millions    acute    realize    health    plan       iia    syn1002    preclinical    administered    suffering    safe    2017    tissue    institutes    larger    billion    substance    activator    thrombolytic    match    auto    time    stage    clinical    company    search    approved    stroke   

Project "SYN1002" data sheet

The following table provides information about the project.

Coordinator
ORPHIT 

Organization address
address: 1093 CHEMIN DES PLATEAUX FLEURIS RESIDENCES PANORA LA B
city: SAINT-LAURENT-DU-VAR
postcode: 6700
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country France [FR]
 Project website http://www.orphitpharma.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.4. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Biotechnology)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-08-01   to  2018-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ORPHIT FR (SAINT-LAURENT-DU-VAR) coordinator 50˙000.00

Map

 Project objective

Each year, about 16 million strokes occur in the world causing millions of deaths and one third of patients experiencing permanent disability. The main treatment of stroke is thrombolytic agent recombinant tissue plasminogen activator (rtPA). Not all the patient can qualify for this treatment and it can be administered only in a limited time window. No existing drug is approved to protect against ongoing neuronal damage after the acute event. In this framework, our company, ORPHIT, a seed-stage biotech company, intends to be a pioneer by bringing clinical proof of concept of our peptide SYN1002 as suitable neuroprotective anti-inflammatory agent to treat stoke in acute phase that could be administered at multiple doses as complement to current thrombolytic treatments and also in patients who do not qualify for treatment with rtPA. This peptide is our lead product and has been initially developed as a potent anti-inflammatory substance in auto-immune pathologies with a clinical phase 1 study successfully documenting the safety and tolerability. Its properties make it a perfect match with current needs on Stroke treatment. Therefore, our solution is of interest for the pharmaceutical industry and health institutes who are currently in the search of a treatment that would be efficient and safe enough to be applicable to a larger part of the persons suffering from Stroke. The acute ischemic stroke (AIS) therapeutic market generated 400M€ in 2012 across the six major markets and is expected to reach 1.1 billion € by the end of 2017. SYN1002 sales at peak (2026) are expected to achieve 50% of market share, and a licensing deal at end of phase IIa would come out with a net present value of 265M€ for our company. In order to achieve this goal ORPHIT will realize a feasibility study aiming at strengthening SYN1002 preclinical package in AIS indication, confirming drug positioning through in depth market study, and draw a European business plan.

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The information about "SYN1002" are provided by the European Opendata Portal: CORDIS opendata.

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