Diabetes is a group of metabolic diseases in which the person has high blood glucose (blood sugar), either because insulin production is inadequate or one does not produce insulin (known as type 1 diabetes), or because the body's cells do not respond properly to insulin (known as type 2 diabetes), or both. TRPV1 (transient receptor potential vanilloid 1)-antagonists are substances that can temporarily block the activity of the ‘chili-receptor’, TRPV1. TRPV1 has been studied intensively in the area of pain management as a potential target to control chronic pain as a supplement to pain killers. To date, none of the TRPV1 antagonists in clinical development have been assessed for their eventual antidiabetic effects in man.
The overall objectives of this project were to develop and optimize a business plan that will guide the exploitation and commercialization of PILA PHARMA’s compound - XEN-D0501 that has enormous potential to treat type 2 diabetes.