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OvaRenew

OvaRenew as a first-line therapy in impaired egg quality treatment

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 OvaRenew project word cloud

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

expansion    specialised    tackling    industries    cell    suitable    invasive    clinical    procurement    regulated    invasiveness    alignement    substances    pertaining    impaired    stem    line    initial    drastically    markets    infertility    novelty    practical    business    regulatory    oocytes    child    safety    manufacturer    decreasing    contracted    grab    medica    risk    commercialisation    intend    initiated    9    potenza    performed    close    country    administered    services    plan    rates    assure    mio    ltd    ovarenew    27    complications    global    dialogue    market    egg    prepared    industry    ovarian    2015    gmp    science    regulators    helping    billion    cells    orally    elaborated    quality    therapy    world    4    disruptive    ethics    fertility    first    solution    deepest    revolutionize    investment    phase2    expenditures    strategy    nutritive    expensive    assesment    human    woman    transform    innovative    36    protection    feasibility    trials    ovaries    ip    contract    combining    genetically    opportunity    worldwide    final    women    health    reproduction   

Project "OvaRenew" data sheet

The following table provides information about the project.

Coordinator		 POTENZA MEDICA D.O.O. 

Organization address
address: CESTA CANKARJEVE BRIGADE 18
city: GROSUPLJE
postcode: 1290
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 Slovenia [SI]
 Project website http://www.ovarenew.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 2016-12-01   to  2017-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    POTENZA MEDICA D.O.O. SI (GROSUPLJE) coordinator 50˙000.00

Map

 Project objective

Potenza Medica Ltd. is specialised in the development and commercialisation of innovative fertility products. Our solution is tackling one of the deepest human needs-reproduction. With OvaRenew as a first-line therapy in ovarian infertility, we intend to grab business opportunity to be the first in the world with disruptive fertility solution for women with impaired egg quality. Global fertility services market was in 2015 estimated to be between 27-36 billion € with growth rates of 8-9% in EU and 4% in US. The novelty is in innovative combining of new findings in fertility and nutritive science, which will revolutionize current industry practice. OvaRenew is based on disruptive findings of stem cells in ovaries that are able to transform into oocytes under defined conditions. Those will be initiated through the substances, administered orally. So far, there is no effective and practical strategy available for impaired egg quality. They all are highly invasive with significant health complications, expensive, not focusing in helping woman to produce genetically own child. OvaRenew will enable women with impaired egg quality to produce their own child while drastically decreasing cost and invasiveness of the procedures on one and country health and other expenditures on the other hand. In 2 years (Phase2), OvaRenew can be prepared for global commercialisation. With 1 mio € investment, final product is planned to be introduced on global markets, with focus on developed world. In Phase 1, a feasibility study will be performed with focus on risk assesment and IP protection. While we are operating in one of the most regulated industries, in close dialogue with regulators, we will assure alignement for safety and regulatory requirements such as those pertaining to cell procurement, GMP, ethics and clinical trials. Suitable contract manufacturer will be contracted. Comprehensive business plan will be elaborated to facilitate initial market up-take and worldwide expansion

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

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