SOLASCURE Ltd (SolasCure), a biotechnology firm growing a novel remedy to remodel persistent wound care, as we speak introduced it has been awarded a extremely aggressive Biomedical Catalyst grant for industry-led analysis and improvement (R&D) from Innovate UK, the UK’s innovation company.
The funding, totaling £405K, will assist the continued scientific improvement of SolasCure’s first investigational product, Aurase Wound Gel, a hydrogel containing tarumase (provisional INN), an enzyme clonedfrom medical maggots, for the remedy of hundreds of thousands of sufferers worldwide with persistent wounds.
SolasCure is one in all 32 corporations to be awarded the distinguished grant, which goals to assist the event of options to vital well being and healthcare challenges, out of 358 candidates that utilized.
The grant might be used to enhance the ambient temperature stabilityof Aurase Wound Gel, enabling transport and use of the product in a variety of settings, in addition to to regulate the discharge kinetics to make sure that tarumase is current on the wound floor at optimum concentrations all through the remedy interval.
By optimizing Aurase Wound Gel for additional scientific trials, SolasCure goals to ship an progressive product that can promote the therapeutic of persistent wounds by addressing all components of wound administration—one that’s cost-effective, quick, efficacious, and pain-free and that can be utilized simply in neighborhood or dwelling care settings.
Persistent wounds signify an immense healthcare and financial burden. The Biomedical Catalyst grant award offers thrilling validation and recognition from Innovate UK that SolasCure has the technical innovation to deal with this pressing unmet medical want… Following the landmark publication of our Part IIa scientific trial information, the injection of this extra non-dilutive funding will take the event of Aurase Wound Gel one step nearer to enhancing the lives of hundreds of thousands of sufferers affected by persistent wounds.
Andy Weymann MD, MBA, Chairman of the Board, SolasCure
The Innovate UK funding enhances a just lately acquired European Innovation Council Accelerator grant to additional de-risk SolasCure’s improvement of Aurase Wound Gel.
For extra details about SolasCure, please go to: https://solascure.com/.
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