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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 €

0

EC-Contrib. €

0

Partnership

0

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 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.

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

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 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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