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Cells in Matrix SIGNED

Cells in Matrix – an innovative 3D model for R&D of Diabetes

Total Cost €

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EC-Contrib. €

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Partnership

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 Cells in Matrix project word cloud

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

drug    3d    demand    betalin    rate    fundraising    investment    academia    tool    producing    commercialization    toxicology    2045    offers    model    rendering    425    function    reliability    global    20    diabetes    gained    market    therapeutics    validation    direct    vitro    adult    insulin    prevalence    predictability    mode    poor    penetration    share    screening    commercial    emp    significantly    reaching    creates    ing    medications    industry    keeps    receives    accelerating    hampered    constant    molecules    identification       prediction    billion    endusers    2017    sourced    13    culture    adults    saving    till    engineered    kugelmeiers    least    cagr    organ    micro    innovative    2019    629    develops    compound    x4    stakeholders    drugs    people    boehringer    added    matrix    cells    plans    million    pharmacokinetics    extended    life    pancreas    companies    shelf    90    compounds    pharma    cell    entry    external    reached    fti    human    disruptive    action    discovery    ingelheim    11    revenues   

Project "Cells in Matrix" data sheet

The following table provides information about the project.

Coordinator
BETALIN THERAPEUTICS LTD 

Organization address
address: 3 MENACHEM BEGIN
city: RAMAT GAM
postcode: 5268101
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 Israel [IL]
 Total cost 3˙340˙842 €
 EC max contribution 2˙640˙417 € (79%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-EIC-FTI-2018-2020
 Funding Scheme IA
 Starting year 2020
 Duration (year-month-day) from 2020-03-01   to  2022-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BETALIN THERAPEUTICS LTD IL (RAMAT GAM) coordinator 1˙233˙750.00
2    UNIVERSITAT ZURICH CH (ZURICH) participant 527˙967.00
3    TECHNISCHE UNIVERSITAET DRESDEN DE (DRESDEN) participant 478˙125.00
4    KUGELMEIERS AG CH (ERLENBACH) participant 400˙575.00

Map

 Project objective

The demand for diabetes drugs keeps increasing as adult Diabetes prevalence reached 425 million people in 2017 (1 in 11 adults) and is estimated to rise to 629 million till 2045. The market of Diabetes drugs is expected to reach €80.5 Billion in 2019 while the investment in Diabetes drug development is ~ €4 Billion (CAGR of 13%). There is a constant need for more effective diabetes medications, hampered by the poor predictability of the current systems for identification of lead compounds during drug discovery. The failure rate of new drugs development is about 90% and the cost for reaching the market with a new drug is ~ €1 Billion. Cells in Matrix Project develops an innovative 3D model for R&D of Diabetes Drugs , an Engineered Micro Pancreas (EMP) based on organ-derived 3D cell culture and human sourced insulin producing cells as an innovative tool for accelerating and cost reduction of Diabetes drug development. EMP system offers significantly extended shelf life and function for in-depth studies of drug molecules mode of action, validation, toxicology and in vitro pharmacokinetics, rendering higher prediction reliability. Cells in Matrix disruptive technology creates market added value to all the stakeholders, especially pharma industry, by improving compound screening at least X4 (from 5% rate of success today to at least 20%), resulting in cost saving that could reach €100 million per innovative new drug development. The project receives strong interest from stakeholders and plans immediate commercialization of the product to direct endusers, including academia and pharma companies, such as Boehringer Ingelheim. The FTI funding will enable market entry and validation & support external fundraising for the wider penetration of the global drug discovery market. Betalin Therapeutics and Kugelmeiers, the project commercial leading partners will share the growth and revenues gained by its commercial success.

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The information about "CELLS IN MATRIX" are provided by the European Opendata Portal: CORDIS opendata.

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