Periodic Reporting for period 1 - uHeart (A beating Heart-on-Chip for pre-clinical early detection of drugs cardiac safety)
Período documentado: 2019-12-01 hasta 2020-02-29
BiomimX aims is to offer a solution to this problem, providing advanced in vitro preclinical models of human organs and diseases, with the aim to increase the reliability of early stages of the DDP (and of MD development) and reduce the risk of taking wrong go/not-go decisions before clinical phases. BiomimX’ products belong to the organs-on-chip (OoC) family, an emerging technology able to closely mimic the key physiological functions of human organs in about the size of computer memory sticks. OoC hold the promise to make preclinical drug development more reliable, mimicking human responses with unprecedented precision, potentially with in a patient-specific fashion.
In details, BiomimX performed a risk assessment analysis, consolidated strategic partnerships and established new ones, performed deep market analyses and defined a plan to proceed towards industrialization. These actions led to the release of an updated Business Plan (BP).
BiomimX is ready to offer its in vitro human advanced models as visionary tools for reducing (and eventually replacing) animal testing in preclinical development, in line with legislations on 3R principle, pushing worldwide Pharma towards methods alternative to animals for drug/MD testing.
BiomimX vision is to be at the forefront of the OOC revolution. BiomimX strongly believes that OOC technology represents the unavoidable future in the drug development market. In the last few years, OOC companies have raised large investments for developing their organ portfolios, thus gaining the attention of Big Pharma. With the support of EU H2020 and exploiting its pillar uBeat technology, BiomimX is the first in selling beating organs-on-chip, i.e. OOC modelling tissues that are physiologically subject to mechanical stimulation, with the goal of acquiring in the next 5 years a consistent segment of the fast-growing OOC market in Europe (30%) and worldwide (10%). Notably, other than the heart, BiomimX’s R&D Team is constantly working on the development of in vitro models of different organs/diseases that will eventually be inserted in its pipeline.