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OvaRenew

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

Total Cost €

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EC-Contrib. €

0

Partnership

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 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.

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

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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