ONCOTHERICS POLAND BENEFICIARY FROM THE REGIONAL OPERATIONAL PROGRAM OF THE MAŁOPOLSKA VOIVODESHIP FOR THE YEARS 2014-2020
ONCOTHERICS POLAND BENEFICIARY FROM THE REGIONAL OPERATIONAL PROGRAM OF THE MAŁOPOLSKA VOIVODESHIP FOR THE YEARS 2014-2020
In September 2020, the company started work on a project entitled DEVELOPMENT OF INNOVATIVE HYPOXIA ACTIVATED SUBSTANCES IN CANCER THERAPY
PROJECT OBJECTIVES AND PLANNED EFFECTS:
The aim of the project is the clinical grade synthesis of the innovative substance OCT1002, and the execution of comprehensive preclinical studies relating to its antitumor activity with an aim to obtain permission to perform phase I clinical trials. The project also envisages a phase I clinical trial on a group of cancer patients to confirm safety and the maximum tolerated dose of the drug.
The implementation of the results obtained during the research phase will involve the sale of rights to OCT 1002 under license to a pharmaceutical company which will develop the product further by conducting clinical trials and ultimately market it globaly as an innovative hypoxia actived cancer therapy.
IMPLEMENTATION PERIOD: September 2019 - June 2023
PROJECT VALUE: 19 357 662,37 PLN
CONTRIBUTION OF EUROPEAN FUNDS: 11 718 069,36 PLN