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MIN4ALD SIGNED

Use of MIN-102 for the treatment of children with cerebral ALD

Total Cost €

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EC-Contrib. €

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Partnership

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 MIN4ALD project word cloud

Explore the words cloud of the MIN4ALD project. It provides you a very rough idea of what is the project "MIN4ALD" about.

feasibility    us    itself    aggressive    opportunity    grow    phenotype    always    hematopoietic    demonstration    alternative    min4ald    niche    valued    consolidation    minoryx    procedure    onset    disease       min    business    cells    raised    nerve    devastating    cell    nervous    designation    period    received    reference    boy    2022    internationally    patients    24    cerebral    suppose    company    121    therapy    optimal    visual    drug    progressive    amount    fda    time    stimulus    pharma    impressive    disorder    pharmacological    cagr    indicated    ald    transplantation    investors    billion    auditory    stem    pharmaceutical    death    brain    diseases    usually    opinion    adrenoleukodystrophy    paediatric    treatment    cald    market    symptoms    candidate    childhood    leaders    576    rare    huge    expand       102    treat    excellent    holds    orphan    fatal    occurring    patent    function    global    cognitive    central    motor    2015    genetic    demonstrated    linked   

Project "MIN4ALD" data sheet

The following table provides information about the project.

Coordinator
MINORYX THERAPEUTICS S.L. 

Organization address
address: AVENIDA ERNEST LLUCH 32, TCM3, TECNOCAMPUS MATARO
city: MATARO BARCELONA
postcode: 8302
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]
 Total cost 4˙437˙500 €
 EC max contribution 3˙106˙250 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-10-01   to  2021-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MINORYX THERAPEUTICS S.L. ES (MATARO BARCELONA) coordinator 3˙106˙250.00

Map

 Project objective

The objective of the MIN4ALD project is the development of a new pharmacological therapy to treat paediatric patients with cerebral ALD (cALD) - the most rapidly progressive and devastating phenotype of X-ALD (X-linked adrenoleukodystrophy).

cALD is a rare, fatal genetic disorder that affects nerve cells in the brain. Symptoms of cALD usually occur in a boy’s early childhood, and are characterized by rapidly progressive loss of visual, auditory, motor and cognitive function, with death usually occurring after 2 to 4 years from disease onset.

Currently, there is no pharmacological treatment available on the market. The only existing alternative for cALD patients is hematopoietic stem cell transplantation, yet the procedure itself is very aggressive and results are not always optimal.

Minoryx has developed a candidate drug that has demonstrated in several studies an excellent potential to treat patients with X-ALD. MIN4ALD Phase 2 demonstration is key to bring this unique treatment to the market. The results obtained in the Feasibility Analysis carried out indicated that MIN4ALD could be a huge business opportunity within the orphan diseases market.

The Global orphan diseases market is a niche market valued at US$ 121.6 billion in 2015. It is expected to grow to US$ 576.9 billion by 2022, with an average CAGR of 24.9% during the period 2015-2022. This is an impressive growth compared to the Global pharma market, which projects a 6.3% CAGR through 2022.

Minoryx has raised an important funding amount for R&D development from leading investors and has the support of reference Key Opinion Leaders. Minoryx received Orphan Drug Designation from both EU and FDA and holds a patent application covering the use of MIN-102 for X-ALD and other diseases affecting the central nervous system.

MIN4ALD will suppose a crucial stimulus for Minoryx to expand internationally and improve time-to-market, leading to the consolidation of the company in the pharmaceutical market.

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The information about "MIN4ALD" are provided by the European Opendata Portal: CORDIS opendata.

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