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TRS SIGNED

A paradigm change in the treatment of blinding ocular diseases

Total Cost €

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EC-Contrib. €

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Partnership

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 TRS project word cloud

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

ocular    reliefs    risk    inflammatory    pipeline    requiring    causes    treating    shares    indication    urgent    broad    orphan    impose    market    merely    disease    array    preclinical    people    therapeutic    penetration    inspired    global    first    reinvested    hundreds    society    bio    lasting    excellent    saving    relieve    gt    steroids    exceed    safe    tarsius    shorter    grant    itself    financing    strategy    patients    iia    molecule    correspond    profits    worldwide    local    launch    blindness    effect    platform    700    burden    uveitic    infectious    tax    billion    class    treat    immune    engineer    capability    25    unmet    economic    extended    2028    time    selecting    perform    revenue    exclusivity    secure    clinical    drug    mechanism    inflammation    candidate    expand    symptoms    re    autoimmune    believe    diseases    commercialization    500    trial    approved    us    post    gain    millions    disrupt    corticosteroids    company    glaucoma    steroid    devastating    medical    treatment    2024   

Project "TRS" data sheet

The following table provides information about the project.

Coordinator
TARSIUS PHARMA LTD 

Organization address
address: 19 YAHALOM ST.
city: ZICHRON YAAKOV
postcode: 3093765
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 Israel [IL]
 Total cost 3˙461˙500 €
 EC max contribution 2˙423˙050 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-07-01   to  2021-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TARSIUS PHARMA LTD IL (ZICHRON YAAKOV) coordinator 2˙423˙050.00

Map

 Project objective

Ocular inflammatory diseases – affecting hundreds of millions of people worldwide – impose a significant medical and economic burden on society and can lead to blindness. Today, corticosteroids are the most common method used to treat ocular non-infectious inflammation of any kind. Rather than treating the disease itself, however, steroids merely relieve its symptoms, and long-term use can result in devastating consequences. Our bio-inspired drug candidate is a non-steroid. It approaches inflammatory diseases from within the immune system and was developed to ‘re-engineer’ the immune system. Based on excellent preclinical results, we believe that this approach will have the capability to disrupt the immune mechanism that causes the disease in order to provide patients with a safe and long-lasting therapeutic effect, with the goal of saving them from blindness. Our platform technology has the potential to effectively treat a broad array of autoimmune and inflammatory diseases and to become a first in class, market approved molecule for local treatment of inflammatory ocular diseases. Our first target indication is uveitic glaucoma – a devastating orphan disease requiring urgent treatment and carrying high risk of blindness. Selecting an orphan indication as a market penetration strategy will grant us extended market exclusivity, tax reliefs and shorter time to market. In the project, we will perform a Phase I/IIa clinical trial. We will exploit the trial results to secure financing for further clinical development towards commercialization. The global ocular inflammation treatment market is expected to exceed more than US$ 500 Billion by 2024. As our first target indication has a significant unmet need with no approved treatment, we expect to gain 25% of market shares 5 years post launch, which would correspond to >€700 M in revenue for Tarsius in 2028 for uveitic glaucoma only. Profits will be reinvested to develop our product pipeline and expand our company.

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

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