Periodic Reporting for period 1 - theEoE (A novel drug candidate for the treatment of Eosinophilic Esophagitis - an innovative solution for a significant unmet medical need)
Reporting period: 2016-12-01 to 2017-04-30
Thelial presents The1, the first orphan drug developed through their drug discovery platform, theLiTE™ (Thelial Live Targeted Epithelia). As the first drug specifically to treat EoE, with a notable reduction in side effects, The1 is an immediate improvement on the state of the art. The1 reduces the clinical symptoms, modifies disease progression through tissue remodelling, and increases the duration of treatment response. These features will allow physicians, patients and payers to benefit from a revolutionary new treatment with fewer side effects, and lower risk of health complications thanks to better long-term management of the condition over time.
Thelial’s pre-clinical programme focuses on development of The1 as a drug, which can then be used to support the validation and viability of TheLiTE™ as a platform for further underserviced diseases.
Plan feasible product development from current readiness level to TRL9 for The1: Pre-clinical programme devised. Clinical programme outlined. Post-clinical trial activities identified.
Outline pre-clinical programme: Pre-clinical trial activities identified, impact on future developments elaborated. Quote summary in Appendix 1.
Establish a feasible industrialisation plan (large scale production process) and elaborate the business full operations: regulations identified for EU & US market entry, value chain outlined.
Risk assessment & Contingency Plan: main risks identified and proper counteractions planned.
Scout and identify EU industrial partners (SMEs/Large Enterprises) in the supply/value chain, and all institutional / medical stakeholders influencing the success of commercialisation: all identified profiles/stakeholders contacted and pre-clinical programme stakeholders contacted.
Size the reachable customers and a reliable market share: qualitative and quantitative results shown from comprehensive analysis of customers and entry barriers.
Commercial viability check (establish a sound Go-to-market Strategy) and development of a suitable Marketing & Communication strategy: securing the interest for the project and further cooperation of a
CRO/CMO.
Accomplish 5-years financial projections.
Establish an effective IP management strategy: identify a comprehensive IP management strategy including protection methods (patent, trademark, trade secret, etc.).