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| Funder | European Commission |
|---|---|
| Recipient Organization | Atxa Therapeutics Ltd |
| Country | Ireland |
| Start Date | Jan 01, 2023 |
| End Date | Dec 31, 2023 |
| Duration | 364 days |
| Number of Grantees | 1 |
| Roles | Coordinator |
| Data Source | European Commission |
| Grant ID | 190143893 |
ATXA Therapeutics has developed NTP42, a disruptive new drug for pulmonary arterial hypertension (PAH) and related cardiopulmonary (heart & lung) diseases. NTP42 blocks the thromboxane receptor, a target at the root cause of PAH & related diseases.
By treating all clinical hallmarks in both the LUNGS and HEART, NTP42 offers a game-changing solution for PAH leading to its rapid adoption once marketed.
ATXAs Phase I clinical trial showed NTP42 is safe & highly efficacious in man.With EIC Blended Finance and VC co-investment, ATXA will undertake a Phase II trial on NTP42 in PAH.
We will then secure a licensing deal with a pharma to ACCELERATE NTP42 to the PAH market (sales >$1B at 5 yrs post-launch & royalty returns to ATXA).
With the proceeds of the licensing deal, we will DIVERSIFY uses of NTP42/pipeline drugs to treat other priority target diseases.
This will also ENABLE growth (>100 FTEs), transforming ATXA into a major European pharma with a diversified diseases & drugs portfolio.
Atxa Therapeutics Ltd
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