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NANO-GROWTH

An innovative, non-invasive and de-risked system to enable the transdermal delivery of fragile therapeutic compounds for a better management of painful diseases

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 NANO-GROWTH project word cloud

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

diseases    disease    inflicting    solutions    encapsulated    administered    relief    bloodstream    safer    adverse    mediated    subsequent    healthcare    nerve    damage    diabetes    neuropathy    limitations    financial    unbearable    dermal    cancer    stage    loaded    persists    143    billion    therapeutic    heart    travel    becomes    poor    transdermally    effect    quality    41    overcomes    revenues    scarcity    age    painful    turn    analgesics    lab    encloses    perspectives    secures    protects    worldwide    leader    patches    life    patch    34    medication    release    instance    chronic    efficiency    customized    barriers    consolidate    mature    topical    capsule    integrity    people    suffering    creams    severe    receive    nano    astracime    solution    saturated    cure    position    globally    engineered    biodegradation    pain    longer    compounds    combined    helping    rate    innovative    secure    proven    layers    gain    skin    hire    altogether    millions    reduce    commercial    meds    patients    million    market    transdermal   

Project "NANO-GROWTH" data sheet

The following table provides information about the project.

Coordinator
ASTRACIME SL 

Organization address
address: CALLE MONTE AUSEVA 10 BAJO
city: OVIEDO
postcode: 33012
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 Spain [ES]
 Project website http://www.nanogrowth.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 2017
 Duration (year-month-day) from 2017-02-01   to  2017-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ASTRACIME SL ES (OVIEDO) coordinator 50˙000.00

Map

 Project objective

Chronic pain affects 1.5 billion people worldwide, which means that pain affects more people than diabetes, heart disease and cancer combined. Since chronic pain persists for years, it becomes unbearable. Chronic pain is often the result from neuropathy (nerve damage), which increases with age but also due to chronic diseases. For instance, 34% of diabetes cases develop painful neuropathy, which means 143 million people affected globally. Since there is no cure, patients receive analgesics and other meds for pain relief. To avoid inflicting further pain, medication is administered transdermally using topical solutions like creams or patches. However, there are important barriers to the dermal delivery of analgesics: scarcity of viable compounds, high biodegradation rate, short effect, poor efficiency and severe adverse effects. In response, we at Astracime have developed an innovative solution that overcomes the limitations of transdermal pain relief. This NANO-GROWTH project aims to bring to market a unique dermal patch loaded with encapsulated therapeutic compounds. The customized capsule protects the integrity of the compounds as they travel through the skin layers and bloodstream. In addition, we have engineered the capsule to provide target-mediated release. Altogether, our method secures a longer and safer pain relief. After been proven at the lab scale, we now aim to take a step further towards the mature stage. Thus, in Phase 1 we aim to assess the subsequent steps needed to secure this project from all technical, commercial and financial perspectives. This project encloses significant growth potential for Astracime, allowing us to consolidate a leader position in the field of pain management. Indeed, we expect to gain €41 million in revenues and hire 30 new people in 5 years. In turn, this project will contribute to improve the quality of life of millions of patients suffering from pain, while helping to reduce costs to our saturated healthcare system.

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The information about "NANO-GROWTH" are provided by the European Opendata Portal: CORDIS opendata.

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