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LOcalized Targeted Therapy to Avoid REcurrent GlioBlastoma Multiforme

Project description

Localised therapy to prevent glioblastoma recurrence

Glioblastoma is the most common and aggressive type of primary brain tumour, with a 2-year survival rate lower than 5 %. The aggressiveness of the disease and the lack of effective treatment translates to a very poor prognosis for patients, with a life expectancy of no more than 12 to 18 months after initial diagnosis. The EU-funded Lottare GBM project aims to develop innovative treatment based on a hydrogel formulation to be used after tumour resection. This approach will enable slow hydrogel release of the molecules that will selectively target tumour cells that were not fully removed during surgery. This treatment will provide a safer solution for neurosurgeons often dealing with the uncertainty of removing unaffected brain tissue to avoid tumour recurrence. The current goal for this SME instrument phase 1 is to assess the technical, commercial and financial feasibility of TargTex, the biotech company behind these efforts.

Objective

TargTex is a newly founded Portuguese startup with a novel concept to tackle the most lethal type of brain tumor – Glioblastoma Multiforme (GBM).
GBM is the most common and aggressive type of primary brain tumor, with a survival rate lower than 5% after 2 years. The aggressiveness of the disease combined with the lack of effective treatments translates into a terrible prognosis to GBM patients, with a life expectancy of no more than 12 to 18 months after being diagnosed.
TargTex team has developed a concerted approach, taking into consideration the needs and contributions from key stakeholders: patients, doctors and scientists.
This innovative treatment (for which we have IP protecting the application) is based on a hydrogel formulation to be used as adjunct to surgery, applied after tumor resection. With a slow release from the hydrogel – over several weeks – the molecule is able to selectively kill GBM tumor cells that were not fully removed during surgery, thus offering a safer solution to neurosurgeons, who often deal with the conundrum of removing unaffected brain tissue to avoid tumor recurrence. In addition, this approach brings added benefits to the patients since the single treatment does not require further chemotherapy cycles.
Most importantly, the active drug is a small molecule that binds to a specific target in GBM cells, and therefore, covers the whole patient population since it is not a personalized medicine.
Our goal for the Phase 1 is to assess the technical, commercial and financial feasibility of TargTex.
For that purpose, we will a) assess the regulatory framework and IP strategy to develop an adjunct to surgery in the context of GBM; 2) design the Toxicology & Safety Pharmacology experiments needed for an EMA’s Clinical Trial application; 3) assess the willingness to adoption of our solution from neuro-oncologists and neurosurgeons and 4) evaluate competition and assess the interest of investors and pharma towards our unique product.

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

TARGTEX SA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
AVENIDA TENENTE VALADIM, N 17, 2 F
2560-275 Torres Vedras
Portugal

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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