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Showing posts with the label #European Investment Bank

Spain's Biopharma Innovation Company Sanifit

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  Sanifit Creating Biotech Treatments For Untreatable Disease                                                Source: Stock Biopharma Image Biomedical Innovation from Spain The European Investment Bank (EIB) is providing Spain-based biopharmaceutical company Sanifit 20 million euros, on top of the $130 million the company has already raised, to bring to market new, innovative treatments for vascular calcification. This is an area of unmet medical need where there are no treatments.  Sanifit is in Phase 3 trials with what appears to be an effective remedy against this deadly disease. Novel, Innovative Treatments  Sanifit's treatments are targeted against two disease indicators of progressive vascular calcification.  The company has developed SNF472, a potent inhibitor of hydroxyapatite (HAP) crystallization which is the final step to vascular calcification.  The treatment is moving through Phase 3 trials for calciphylaxis, a devastating disease which blocks small blood vessels and re