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BloodStemPLUS

Commercial feasibility study of a technology that multiplies blood stem cells to increase the success of transplants for cancer treatment

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

BloodStemPLUS project word cloud

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

4b acceptance 12 limitations 34 ing business innovation record requirements purposes plan outcomes groups transplants usa track investor scarce partnering compromise invest company cancer global banks markets 33 scientific 20x preparing 2020 blood maintenance lack route explore multiplication strategic solution transplantation regulatory optimal published stemcell2max won 15 multiplying treatment investable validation compliance expansion 600m policies strategy first sales november patient protected owns patients japan hospitals recognition start reimbursement death demand quality donor biotechnology summit cell 500 2015 trial billion cells horizon cord assuring proprietary stem cagr enormous nature limited commercialisation clinical marketing award market multiplies

Project "BloodStemPLUS" data sheet

The following table provides information about the project.

Coordinator	GROWINGFORMULA LDA Organization address address: BIOCANT PARK NUCLEO 04, LOTE 02 city: CANTANHEDE postcode: 3060 197 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	Portugal [PT]
Project website	http://www.stemcell2max.com
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3.1.3. (Treating and managing disease)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2016
Duration (year-month-day)	from 2016-06-01 to 2016-09-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	GROWINGFORMULA LDA GROWINGFORMULA LDA Organization address address: BIOCANT PARK NUCLEO 04, LOTE 02 city: CANTANHEDE postcode: 3060 197 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.	PT (CANTANHEDE)	coordinator	50˙000.00

Map

Project objective

StemCell2MAX is a biotechnology start-up that owns a proprietary solution for multiplying blood stem cells. Blood stem cells are required for both research and blood cancer treatment, but are scarce resulting in limited transplants (34% of patients do not find a donor), patient death (6-15%) and limitations at research level (12.500 groups lack cells for their studies). StemCell2MAX addresses this enormous demand from patients, cord blood banks, hospitals and researchers in an estimated €3 billion potential market (33% CAGR).

No solution for blood stem cell multiplication is available for clinical purposes and those that are currently used for research purposes compromise cell quality. StemCell2MAX has developed a product that multiplies these cells while assuring their quality (20x better results compared to state of the art, as published in Nature).

Currently, StemCell2MAX markets a research use only product (€600M market) with a growing sales track record, both in EU and USA. Following the technology’s market acceptance and scientific recognition, StemCell2MAX is preparing their solution for the €2.4B clinical market. The innovation is protected in EU, USA and Japan for blood stem cell maintenance, expansion or transplantation, for both research and clinical use. StemCell2MAX won the “most investable company” award during the first Horizon 2020 – Invest Horizon Global Investor Summit in November 2015.

Specific objectives: • To develop a business plan and marketing strategy for clinical application • To explore strategic partnerships for development and commercialisation • To explore the clinical validation strategy/clinical trial design • To develop a strategic development plan in agreement with reimbursement policies

Expected outcomes: • A business plan and optimal route-to-market, including partnering strategy for further development • Clinical trial strategy in compliance with all regulatory requirements

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

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