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GAF SIGNED

The First non-cancerogenic Glyoxal Acid-Free fixative for a Formalin-free hospital

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 GAF project word cloud

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

pathology    glyoxal    therapy    biosciences    hospitals    business    carcinogenic    combined    producers    phases    2017    spin    patient    cancerogenic    fixative    quality    entities    huge    updated    preserving    represented    private    finance    substance    agreements    faster    first    diagnosis    academic    union    absence    initially    innovative    clinics    public    customers    acid    founders    off    university    torino    molecular    investments    primarily    cros    correct    fixation    retain    proposes    veterinary    replace    tissue    plan    emergency    proof    commercialization    structural    company    gaf    specimens    capacity    addax    serve    services    preserve    healthcare    medical    second    feasibility    laboratories    scientific    forensic    august    introducing    chemical    scenario    toxicity    community    institutes    pharmaceutical    alternative    model    outsourcing    clients    free    labs    tissues    accepted    performing    solution    formaldehyde    formalin    reagent    guarantee    segment    born    addressable    optimal    time    market    diagnostic    valid    validate    pathological    prohibited   

Project "GAF" data sheet

The following table provides information about the project.

Coordinator
ADDAX BIOSCIENCES SRL 

Organization address
address: STRADA MONTGRENO 247
city: TORINO
postcode: 10123
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 Italy [IT]
 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 2020
 Duration (year-month-day) from 2020-01-01   to  2020-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ADDAX BIOSCIENCES SRL IT (TORINO) coordinator 50˙000.00

Map

 Project objective

ADDAX Biosciences is an academic spin-off of the University of Torino, born after long time research activity of its founders on the pathological tissues. Our company goal is to replace the use of Formalin (a cancerogenic solution of formaldehyde) as fixative, while preserving optimal tissue fixation to guarantee correct diagnosis and therapy. In the European Union, Formaldehyde is recognized as a carcinogenic substance, and its use, production and commercialization is prohibited from August 2017. However, at present there is no valid alternative to Formalin accepted by the scientific community to preserve patient specimens. Our project proposes a huge step forward in the fixative market by introducing an innovative reagent, based on acid-free Glyoxal (GAF), that will allow the optimal tissue fixation at structural and molecular level, combined with the absence of toxicity and carcinogenic activity. The addressable market of our GAF product is primarily represented by the healthcare segment, thus the targeted users and clients are public and private entities performing pathology services, such as: Hospitals, Clinics, Emergency Medical Services, Diagnostic Laboratories, Academic Institutes, Forensic Laboratories, CROs, Veterinary Clinics, Labs and Hospitals. Our business model is initially based in two distinct phases: the first one aimed to achieve a controlled production capacity to serve the first customers and finance the further investments; in the second phase, from second year, we expect a faster scale-up through outsourcing production agreements with major European producers of chemical and pharmaceutical products. In this scenario, Addax will retain the R&D, quality, scientific and market development. The objectives of our Feasibility Study are to validate at European level our proof-of-concept and design an updated Business Plan and Commercialization Plan.

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

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