TargTex’s therapy for Glioblastoma Multiforme (GBM) addresses the most common type of malignant primary brain tumor affecting nearly a quarter of a million patients globally. After diagnosis, these patients go through surgical resection, followed by radiotherapy and chemotherapy but almost invariably lead to GBM recurrence. Given the aggressiveness of recurrent tumor, several therapeutic approaches are considered, but still the average life expectancy is between 12-18 months (survival rate lower than 5% after 2 years).
TargTex has developed a localized treatment to be applied in the brain as adjunct to surgery. Our active drug is formulated in a hydrogel and engineered to provide a sustained drug release to selectively eliminate tumor cells that were not fully removed during surgery, thus avoiding recurrence. In this project, we aim to devise a strategic plan that incorporates a Scientific, Regulatory and IP strategy aligned with financial needs that will allow the company to submit a CT application and develop its product into the clinical stage.