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A novel class of antibiotics to combat Antimicrobial Resistance

Project description

Novel peptide-based antibiotics against drug-resistant bacteria

Israel-based Omnix Medical is developing novel antibiotic agents for the treatment of infections caused by drug-resistant bacteria. The company’s proprietary platform technology is changing the biodegradability of antimicrobial peptides, creating a new class of antibiotics with a unique mechanism of action, which is effective regardless of underlying resistance patterns. The goal of the EU-funded OMN6 project is to demonstrate clinical safety and efficacy in the treatment of deadly nosocomial Acinetobacter baumannii infections. To that end, it will support Omnix Medical in the commercialisation of its lead antibiotic candidate, which has already made it past the proof-of-concept stage.

Objective

We are in living in times where the efficacy of antibiotics is no longer guaranteed. Despite the urgent need to mitigate the spread of antimicrobial resistance (AMR), very few antibiotics are being developed. AMR management costs €1.5 B and causes 33,000 deaths each year in the EU.
We at Omnix are determined to change lives and repopulate drug development pipelines by demonstrating clinical efficacy of a novel class of antibiotics. We have made potent antimicrobial peptides found in nature druggable, by hampering their biodegradability using our proprietary platform technology. The results are highly selective, life-saving therapies which are safe to humans. These bioengineered peptides constitute a new class of antibiotics due to their unique mechanism of action, which remains effective regardless of underlying resistance patterns.
We intend to solve the most urgent clinical need in infectious disease management by targeting drug resistant pathogens topping the WHO’s priority list. The project will demonstrate clinical safety and efficacy in treating A. baunmannii infections. This top-most critical pathogen exerts a mortality rate of ~40%. We have already successfully established a preclinical proof of concept for our lead candidate. Commercialisation is planned to take place with a partner from the pharma sector. The deal size is predicted to be €150-250 and conservative estimates on sales forecast revenues around €50 M five years after launch. Revenues will be reinvested into developing antibiotics for other critical pathogens and into scaling Omnix to over 150 employees.
Our approach has the potential to make a significant impact on the global AMR challenge, as we base our drug design on peptides that have remained effective for millions of years, demonstrating a low risk of trigger emergence of new resistance. Treating infections with such potent natural defenses will constitute a true paradigm shift in infections disease management.

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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-2 - SME instrument phase 2

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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

OMNIX MEDICAL LTD
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.

€ 2 389 674,70
Address
RACAH 1
9270401 Jerusalem
Israel

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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)
Links
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.

€ 3 413 821,00
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