Periodic Reporting for period 1 - Plasmanorg (Environmental-friendly organic chemical synthesis in plasma reactor)
Reporting period: 2019-02-01 to 2019-07-31
We developed a revolutionary methodology, Plasmanorg, for the execution of organic chemical reactions without any solvent (and catalyst), induced only by plasma. The reaction conditions can be pre-determined by an intelligent algorithm and can be precisely fine-tuned for the reaction purpose in a wide range.
Our final aim is to commercialise Plasmanorg technology containing a laboratory scale plasma reactor and a software for predicting optimal reaction conditions for synthesis of a given substrate. In this Phase 1 project, we aim to perform a feasibility assessment.
We made a plan for an EIC Accelerator application: work packages, deliverables, milestones, resources were defined. We updated our business plan, including our commercialization strategy.
(i) it will help explore undiscovered chemical space,
(ii) this chemical space results in new synthesis routes of valuable compounds or completely new structures, such as new heterocycles (raw material for almost all drugs),
(iii) reaction parameters can be estimated and quickly, as opposed to batch chemistry and
(iv) reaction goes without solvent or catalyst, thus fulfil environmental requirements.
The project will contribute to faster and cheaper synthesis of drug candidates, will lead, in the long run, to less costly drugs, which will be an overall societal benefit. Furthermore, the highly-efficient synthesis methods may lead to new drug candidates may contribute to find drugs for important chronic diseases, such as certain types of cancer or Alzheimer’s disease. The Plasmanorg technology has clear environmental benefits, as it uses neither solvent nor catalysts.
The project will impact on our company: the commercialisation of Plasmanorg technology will result in nearly 7 million euros of revenues, 1.8 million euros of EBIDTA in 5 years and, expectedly, create 60 new jobs in total.