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Fucoderm

An effective, side effect-free topical emollient treatment for atopic dermatitis made from a sustainably procured seaweed extract

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 Fucoderm project word cloud

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

launch    characterised    opting    maintenance    inflammatory    prescription    meet    formulation    commercial    attributes    extensive    profitability    brown    topical    glycobiology    extracted    eczema    comprise    company    toxicity    create    immunomodulatory    child    adults    cash    treatment    tend    pharmaceutical    sufferers    convenience    commercialisation    skin    responds    steroid    maximising    seaweed    rashes    creams       unpleasant    dermatitis    nutraceutical    negative    quality    cosmetic    attracting    disease    historically    periods    dilutive    pharma    reaching    consumers    ad    expertise    glycomar    track    ingredient    saccharides    chronic    drug    2019    life    record    created    fucoderm    market    lesions    biotechnology    generative    dominated    discovery    natural    mild    atopic    reticent    turn    successful       collective    treatments    itchy    moderate    fucoidan    grant    pipeline    4b    team    shortcomings    active    pursuit    steroids    90    marine    first    healthcare    severe    preferences   

Project "Fucoderm" data sheet

The following table provides information about the project.

Coordinator
GLYCOMAR LIMITED 

Organization address
address: DUNSTAFFNAGE MARINE LABOARATORY EUROPEAN CENTRE FOR MARINE BIOTECHNOLOGY DUNBEG ARGYLL
city: OBAN
postcode: PA37 1QA
website: www.glycomar.com

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 United Kingdom [UK]
 Project website http://www.glycomar.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  2017-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GLYCOMAR LIMITED UK (OBAN) coordinator 50˙000.00

Map

 Project objective

Atopic dermatitis (AD), a chronic inflammatory skin disease characterised by itchy skin lesions and rashes, affects 1 child in 5-10, and 3% of adults. Without effective treatment it can have a severe negative impact on quality of life. Treatment has historically been dominated by topical steroid creams, although consumers – reticent to using steroids over long periods, and for convenience (some steroid treatments are prescription only) – are increasingly opting for non-pharma products with natural attributes. These natural products, however, tend to have high toxicity and therefore to create unpleasant side effects. Glycomar’s eczema treatment, Fucoderm, directly addresses these shortcomings and responds to consumer preferences. Using an active pharmaceutical ingredient extracted from brown seaweed – a Fucoidan – Glycomar has created a novel topical formulation for maintenance treatment. The product is the first commercial application of Glycomar’s extensive glycobiology expertise – the team has over 100 years’ collective experience in marine biotechnology and drug discovery/development – and it will be targeted towards mild- to moderate AD sufferers. Together these cases comprise 80-90% of the €4b market, which is growing at 3,8% – maximising potential impact. The company, which has been working for 10 years in pursuit of novel immunomodulatory saccharides, has a track record of attracting non-dilutive grant funding, and of creating cash generative, value enhancing partnerships. Successful commercialisation of Fucoderm would enable Glycomar to meet its target of reaching profitability by 2019, in turn facilitating the launch of other consumer healthcare, nutraceutical and cosmetic products in the development pipeline.

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

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