EU Research Grants Awarded to Three of Karolinska Development’s Portfolio Companies
News Dec 30, 2013

Karolinska Development has announced that its portfolio companies Pergamum, Inhalation Sciences Sweden (ISS) and XSpray Microparticles have been awarded research grants totaling more than EUR 1 million within the framework of the international research project FORMAMP.
The goal is to develop new ways to treat infectious diseases in order to reduce the problem of antibiotic resistance.
"The three portfolio companies are engaged in potentially pioneering activities in the antiinfective area - Pergamum’s antimicrobial peptide DPK-060 has been documented in a Phase II clinical trial and both XSpray and ISS develop technologies to transport drug substances to the right place in the body. The EU project provides us with increased opportunities to exploit synergies between the involved companies' knowledge and projects", says Torbjörn Bjerke, CEO of Karolinska Development.
In the EU project FORMAMP (Innovative Nano Formulation of Antimicrobial Peptides to Treat Bacterial Infectious Diseases), a team of researchers, coordinated by the SP Technical Research Institute of Sweden, will develop new strategies for the treatment of infections.
A total of 16 partners are engaged in the project, which has a total budget of over EUR 10 million and runs over four years.
Karolinska Development’s portfolio company Pergamum has been allocated EUR 250,000, ISS EUR 384,000 and XSpray Microparticles EUR 401,000. The project was launched at a kick-off meeting in Stockholm on December 12, 2013.
RELATED ARTICLES
Putting Proteins in Their Proper Place
NewsEverything in the cell has its right place. This includes certain molecules called RNA-binding proteins. When these are misplaced, they can end up causing dangerous clumps that are typical of diseases like ALS. A new study has found a way to send these proteins home.
READ MOREProtein Target Identified That Could Prevent Strokes
NewsScientists have identified a protein, called GPR68, that senses blood flow and tells small blood vessels called arterioles when to dilate. The researchers believe medications that activate GPR68 could one day be useful to treat medical conditions, including ischemic stroke.
READ MOREReversing an Unstoppable Cancer Cascade with Proteomics
NewsMutations in genes that produce RAS proteins turn a normally benign process, essential for cellular growth, into a cancer stimulant that is currently undruggable. Now, cutting-edge protein analysis may help treat cancers caused by these mutations.
READ MOREComments | 0 ADD COMMENT
Like what you just read? You can find similar content on the communities below.
Proteomics & MetabolomicsTo personalize the content you see on Technology Networks homepage, Log In or Subscribe for Free
LOGIN SUBSCRIBE FOR FREE
Login
You must be logged in to post a comment.