The Final Report resumes the work done by Signia during Phase 1 execution in order to verify the feasibility of Signia project to optimize our disruptive drug repurposing platform and release it to the market. We planned to improve its screening capability and to in-house develop customized nebulization devices, to later undergo clinical validation. We made an assessment of all the investment required to complete the project, for which we will pursue financing support of circa €2.5M from the EC scheme of SMEi Phase 2. After an assessment of Signia´s financial analysis, we have evaluated the potential of Signia to generate profit (€31.6M of revenue and €22.5M profit) and new employment (+14 new job positions). We have already received positive proofs of interest from our key stakeholders: public research centres (Centre Hospitalier Universitaire de Québec, Centre d´Etude des Pathologies Respiratoires INSERM UMR 1100 at Université de Tours or Lille University Hospital) and private pharma and biotech companies (Sanofi, Cynbiose or Evotec).
Finally, we concluded to continue with Signia project, motivated by our feasibility study which confirms the uniqueness and competitiveness of our innovation.