Periodic Reporting for period 1 - TARGLIO (Improved glioblastoma treatment through targeted, local drug delivery)
Periodo di rendicontazione: 2019-05-01 al 2019-10-31
Double Bond has developed a gel formulation - SI053 - a unique polymer matrix that encapsulates the highly potent active pharmaceutical ingredient (API) temozolomide to radically increase therapeutic efficacy and locally treat brain tumours. At the same time, healthy tissues are protected from toxic effects by minimizing exposure. Following surgical removal of the tumour, SI053 can be placed in the tumour cavity (intracerebral application), where it can directly and slowly release high concentrations of temozolomide The matrix will then biodegrade once all the temozolomide is released.
Double Bond has performed a feasibility assessment in order to explore the clinical pathway to market and the ideal route to commercialization.
As a part of the market feasibility assessment, DBP has been able to confirm the need for the treat-ment and identify markets with the biggest potential.
Two different routes to commercialization have been contemplated during this project. The clinical validation performed with the support from EIC accelerator pilot will further strengthen the position of Double Bond in the market. The total funding requirements to validate SI053 to the next stage are estimated at 3.5 MEUR. Of this budget, 2.5 MEUR will be secured by the EIC accelerator while two of our investors have committed to raise the remaining for this project. We believe that, if successful, Double Bond could be finalized and on the market around the year 2028 providing a much-needed solution for Glioblastoma patients worldwide.
• All patients are able to respond to temozolomide without risk of MGMT methylation.
• Application of the gel in the tumour cavity right after surgery means no additional invasive procedures are required.
• Local application using a slow-release mechanism (the matrix) means high concentration of temozolomide can be applied to the tumour without BBB limitations or high toxicity.
• Immediate application after surgery prevents a delay in chemotherapy.