Objective
PharmNovo aims to develop novel drugs with superior clinical properties to treat patients suffering from chronic pain using knowledge and experience in drug design and G protein-coupled receptor pharmacology.
Pharmnovos lead drug candidate is PN6047 - a completely new type of opioid drug for neuropathic pain, with a first-in-class market potential. Unlike the currently available opioid drugs which activate all opioid receptors, PN6047 is a very selective delta opioid receptor agonist (activator). Due to its unique molecular structure, PN6047 selectively activates the G protein signalling pathway while avoiding those leading to unwanted side effects such as the arrestin protein signalling pathway that mediates receptor desensitization and analgesic tolerance and possibly proconvulsant activity. PN6047 can be the first of a new drug class for neuropathic pain treatment - delta opioid-biased receptor agonists (DOBRAs).
Preclinical studies have shown that PN6047 is safe, tolerable and effective in treating neuropathic pain and also other pain-related indications such as opioid withdrawal and chronic cough. The clinical Phase I study has confirmed that PN6047 is safe and tolerable at doses predicted to be efficacious.
Now the drug is ready to proceed into a Phase IIa PoC study, which is the focus of the proposed Accelerator project. The confirmation of the clinical efficacy of PN6047 will enable us to enter an out-licensing agreement with one of the major players in the chronic pain market. Alternatively, it would allow us to attract significant equity investments and finance subsequent Phase IIb and III clinical trials, scale up manufacturing, market approval and product launch.
This project is of strategic health-economic importance for Europe. About 149 million people in Europe suffer from chronic pain including about 29.8 million neuropathic pain patients. In Europe, the healthcare cost of chronic pain is estimated at over 300bn annually (around 1.5% 3% of GDP).
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences biological sciences biochemistry biomolecules proteins
- medical and health sciences basic medicine pharmacology and pharmacy
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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.
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 - HORIZON EIC Accelerator
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2024-ACCELERATOR-02
See all projects funded under this callCoordinator
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.
223 81 Lund
Sweden
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.