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GAF SIGNED

The First non-cancerogenic Glyoxal Acid-Free fixative for a Formalin-free hospital

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 GAF project word cloud

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

diagnosis    segment    torino    spin    performing    alternative    university    formaldehyde    private    scenario    producers    chemical    fixation    glyoxal    patient    serve    pharmaceutical    huge    toxicity    clinics    veterinary    cancerogenic    gaf    tissues    business    commercialization    services    validate    second    preserve    faster    model    feasibility    2017    scientific    innovative    solution    first    medical    correct    clients    diagnostic    forensic    guarantee    updated    healthcare    institutes    proof    laboratories    combined    quality    carcinogenic    hospitals    optimal    plan    public    addax    market    addressable    phases    union    company    customers    emergency    agreements    preserving    prohibited    pathology    specimens    fixative    accepted    initially    retain    outsourcing    valid    time    reagent    tissue    free    cros    formalin    therapy    capacity    primarily    acid    august    substance    molecular    academic    introducing    pathological    born    entities    investments    proposes    structural    replace    biosciences    finance    founders    absence    community    represented    labs    off   

Project "GAF" data sheet

The following table provides information about the project.

Coordinator
ADDAX BIOSCIENCES SRL 

Organization address
address: STRADA MONTGRENO 247
city: TORINO
postcode: 10123
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 Italy [IT]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2020
 Duration (year-month-day) from 2020-01-01   to  2020-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ADDAX BIOSCIENCES SRL IT (TORINO) coordinator 50˙000.00

Map

 Project objective

ADDAX Biosciences is an academic spin-off of the University of Torino, born after long time research activity of its founders on the pathological tissues. Our company goal is to replace the use of Formalin (a cancerogenic solution of formaldehyde) as fixative, while preserving optimal tissue fixation to guarantee correct diagnosis and therapy. In the European Union, Formaldehyde is recognized as a carcinogenic substance, and its use, production and commercialization is prohibited from August 2017. However, at present there is no valid alternative to Formalin accepted by the scientific community to preserve patient specimens. Our project proposes a huge step forward in the fixative market by introducing an innovative reagent, based on acid-free Glyoxal (GAF), that will allow the optimal tissue fixation at structural and molecular level, combined with the absence of toxicity and carcinogenic activity. The addressable market of our GAF product is primarily represented by the healthcare segment, thus the targeted users and clients are public and private entities performing pathology services, such as: Hospitals, Clinics, Emergency Medical Services, Diagnostic Laboratories, Academic Institutes, Forensic Laboratories, CROs, Veterinary Clinics, Labs and Hospitals. Our business model is initially based in two distinct phases: the first one aimed to achieve a controlled production capacity to serve the first customers and finance the further investments; in the second phase, from second year, we expect a faster scale-up through outsourcing production agreements with major European producers of chemical and pharmaceutical products. In this scenario, Addax will retain the R&D, quality, scientific and market development. The objectives of our Feasibility Study are to validate at European level our proof-of-concept and design an updated Business Plan and Commercialization Plan.

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

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