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Development of a novel class of therapeutics for PTSD treatment and other neurodegenerative disorders

Project description

Solution for PTSD is a breakthrough in mental healthcare

The burden of post-traumatic stress disorder (PTSD) weighs heavily on countless individuals, affecting their daily lives and mental well-being. Traditional treatments often come with adverse side effects, leaving patients searching for more effective and tolerable solutions. With this in mind, ReST Therapeutics, a French biotech company, launched the EIC-funded FENM4PTSD project with the objective to develop innovative therapies. Targeting complex central nervous system disorders like PTSD, the project aims to revolutionise treatment methods and provide hope to those grappling with the debilitating effects of PTSD. Their lead candidate, the neuroprotective drug FENM, holds the promise of offering relief without the drawbacks of current options, marking a significant step forward in mental healthcare.

Objective

ReST Therapeutics is a French biotech company founded late 2020 that develops breakthrough therapies to treat complex central nervous system disorders, in particular, Post-Traumatic Stress Disorder (PTSD) under its various forms followed by Alzheimer Disease (AD).
Our lead candidate - FENM is a novel and proprietary chemical entity (NCE) targeting specifically a subtype of NMDA receptor (involved in synaptic plasticity) in order to facilitate stress release and neuroprotection without triggering adverse side effects of current NMDA targeting drugs. FENM will enter First-in-Human in June 2023 to initiate the clinical demonstration on PTSD.
ReST is also advancing new compounds to generate a robust library of candidates and generalize its NMDAr subtype modulation platform with the potential to treat other neurologic disorders. With the EIC support, ReST will bring FENM to clinical PoC (PhIIb) by 2027, secure a partnership with a pharma company and develop new small molecules to expand its pipeline.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

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(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

REST THERAPEUTICS
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 491 062,88
Address
73 RUE DE VAUGIRARD
75006 PARIS
France

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ile-de-France Ile-de-France Paris
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 558 661,25
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