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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.

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

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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