HPE1

About This Project

Pharma73 SA is a Portuguese start-up dedicated to the development, production and commercialization of a new generation of High Functionality Excipients (HFEs). Excipients are inactive ingredients used together with active ingredients to formulate drugs into finished dosage forms. Ranging from 15% to 95% of the total weight of a given drug, excipients are extremely important in terms of procurement, logistics, quality control and final batch release. Pharma73’s technology is based on the production of natural polymers, such as the Chitin Glucan Complex HPE1, obtained from fermentation processes whose unique properties enable their application in a multiplicity of pharmaceutical drugs for oral solid-dosage forms. Adding HPE1 to the final drug formulation will result in better yields and operational savings for the manufacturing industry, thanks to significant functional – physical and chemical properties of the new excipient. Pharma73’s ambition is to introduce a new raw material into the excipient markets, and bring the industry to a new level that better responds to efficiency and sustainability requirements of the drug manufacturing process. Furthermore the innovation related to the adoption of HPE1 will preserve the EU’s competitive advantage over drug manufacturing procedures, creating more job opportunities, and the long-term viability of a European-based pharmaceutical industry. Therefore the commercialization of a novel class of excipients like HPE1 aligns with the EU strategy “Europe 2020 – for a healthier EU”: 1) “Innovation can help make the healthcare sector more sustainable” 2) “the healthcare sector has an important role to play in improving skills and creating jobs as it employs 1 in 10 of the most qualified workers in the EU”. The SME instrument will allow Pharma 73 to complete their go-to-market strategy, by demonstrating HPE1 potential for specific drug formulation uses.

Topic
BIOHEALTH- Supporting innovative SMEs in the healthcare biotechnology sector
Cutoff

September

Year

2016

Beneficiaries

Coordinator

Pharma73 S.A.

Country

Portugal