Objective This project aims to close the gap to the market for a small molecule AMP activated protein kinase (AMPK) activator,denoted O304, as a novel first-in-class drug for the treatment of type 2 diabetes (T2D) and associated cardiovascularcomplications, including heart failure and peripheral arterial disease.The number of adults around the world with diabetes quadrupled from 108 million in 1980 to 422 million in 2014. About 90%of these people have type 2 diabetes — a major cause of kidney failure, blindness, nerve damage, amputations, heart attackand stroke. It is estimated that only approx. 10 % of T2 diabetics reach the goal of living a complication free life.Today, patients diagnosed with T2D are recommended a change in lifestyle and the drug Metformin is the first line oftreatment. When Metformin becomes insufficient, a number of add-on treatments are used, including insulin. None of theexisting drugs, however, reduces insulin resistance - a primary cause of obesity-induced T2D.Betagenon has developed and pre-validated the first candidate AMPK activator drug in T2 diabetics, a key regulator ofenergy balance, both on a single cell level and the whole organism level. Phase I clinical data show that O304 reducesfasting plasma glucose, the hallmark of T2D, in patients with T2D on stable metformin treatment, and increases the rate ofhyperaemic blood in calf muscle in middle aged obese individuals. The project is strategically focused on performing aPhase IIa proof-of-concept validation of O304. This will enable Betagenon to commercialize the product through outlicensingto a Phase IIb and Phase III validation partner.Diabetes is an epidemic that threatens the economies of all EU member states. The project addresses this challenge bydelivering a novel drug treatment regimen to clinicians and their patients. O304 will fill the knowledge gap on the EU level, asto date no company has been able to pre-validate an efficient small molecule AMPK activator. Fields of science medical and health sciencesclinical medicineangiologyvascular diseasesmedical and health sciencesclinical medicineendocrinologydiabetesmedical and health sciencesclinical medicinecardiologycardiovascular diseasesmedical and health sciencesclinical medicineperipheral vascular diseasemedical and health scienceshealth sciencesnutritionobesity Programme(s) H2020-EU.2.1.4. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Biotechnology Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-03-2016-2017 - Dedicated support to biotechnology SMEs closing the gap from lab to market Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-2-2016-2017 Funding Scheme SME-2 - SME instrument phase 2 Coordinator BETAGENON AB Net EU contribution € 1 823 237,50 Address Tvistevagen 48c 907 36 Umea Sweden See on map Region Norra Sverige Övre Norrland Västerbottens län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 781 387,50