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HAIKU

A breakthrough alternative to antibiotics for preventing and curing infectious diseases at Intensive Care Units

Total Cost €

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EC-Contrib. €

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Partnership

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 HAIKU project word cloud

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

healthcare    therapies    medicines    discount    bacteria    beds    gram    risked    removing    150    275    15    56    generating    complete    800    finalise    curing    13    de    companies    morbidity    14       01    intensive    stays    infections    inhibitory    prolonged    price    diseases    antimicrobial    days    patients    newly    group    families    resistance    preventing    created    removal    care    resistant    protection    240    1000    therapy    sales    public    consist    multiple    hospital    develops    clinical    company    critical    pharma    licensed    amr    23    natural    net    infectivity    private    infectious    market    reduce    remab    icu    benefit    irr    21    antibodies    risk    10    mortality    first    competitors    addressable    treatment    social    curative    ra    gt    biotech    negative    million    2026    class    icus    rate    portfolio    jobs    worldwide    therapeutics    line    royalties    drug    acquired    freeing    admitted    preventive    lives    share    trials    total    ebitda    cumulative    ph2    mission    antibiotics    units    molecule   

Project "HAIKU" data sheet

The following table provides information about the project.

Coordinator
REMAB THERAPEUTICS SL 

Organization address
address: C FEIXA LLARGA SN EDIFICIO BIOPOL OFFICE 3
city: HOSPITALET DE LLOBREGAT
postcode: 8907
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 https://remabtx.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-12-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    REMAB THERAPEUTICS SL ES (HOSPITALET DE LLOBREGAT) coordinator 50˙000.00

Map

 Project objective

Hospital-acquired infections are a major cause of morbidity, mortality and costs in Intensive care units (ICUs) worldwide. The most critical infectious group consist of Gram-negative bacteria that are resistant to multiple antibiotics.

We have developed RA-01, a novel drug product and a first line therapy for preventing and curing infectious diseases at ICUs based on the removal of inhibitory antibodies, which are used by bacteria to facilitate their infectivity. This new drug allows an immediate protection to patients admitted to ICU without generating antimicrobial resistance (AMR).

RA-01 will reduce public/private healthcare systems costs and improve a social benefit by freeing up hospital beds: €9,150 reduction in treatment costs, 7 days less at ICU and €15 k reduction in ICU costs.

Currently, our competitors are focused on new antibiotics and antibodies, so there are no other companies working in the removing of specific antibodies as a preventive and curative method for infectious diseases. The total potential market is estimated to be >13 million patients/year. From this market, will be target ICU patients at risk for prolonged stays: >4 million patients.

RemAb Therapeutics is a biotech company that develops a novel class of medicines by removing natural specific antibodies. Our mission is to advance our portfolio of therapies to clinical trials and improve the lives of patients and families affected by infectious diseases. Our drug molecule will be developed and de-risked through clinical trials-Ph2 and then licensed to pharma companies, to finalise their development and bring them to the market

By 2026 we expect to reach: a) 14% royalties’ rate on net sales with a RA-01 price to healthcare systems of €800-1000 (complete treatment); b) Total addressable market growing up to about €275 m; c) Net present value of €21.4 m (10% discount rate) and an IRR of 56%; d) Cumulative EBITDA over €23 m; e) 6% market share (240,000 patients); f) 15 newly created jobs.

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

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