Annual Report to be published – week 17
NeuroVive conducts extensive research and development work. This work is done in-house and in collaboration with international partners in Europe, Asia and North America. These partnerships cover pre-clinical development work and clinical trials at renowned hospitals.
More than ten NeuroVive employees are active in preclinical and clinical development, as well as a number of external consultants engaged on the company’s projects. The company possesses a high level of expertise. All employees are science graduates, with five holding PhDs in medical sciences. Most of the company’s researchers are qualified physicians engaged in identifying segments with unmet medical needs, early basic research and clinical research towards approval of drug candidates.
Because of its unique research, NeuroVive has established good relationships with the academic and business community across the world, in Europe, Asia and the US, which has created great potential for successful partnerships.
Isomerase of the UK is one of NeuroVive’s key partners. This collaboration focuses primarily on development of NeuroVive’s chemistry platforms, i.e. producing active compounds for treating ischemic stroke and mitochondrial disorders, and compounds for organ protection. The collaboration between the two companies’ researchers is also a creative hotbed for identifying new development platforms in indications with a pressing medical need, and with its drug development expertise, Isomerase offers valuable backing for NeuroVive’s projects. NeuroVive’s partnership with Isomerase was reinforced in early-2016 through a partial acquisition.
NeuroVive collaborates with the Korean pharmaceutical company Yungjin Pharm around the clinical development of the KL1333 project for the treatment of primary mitochondrial disorders. NeuroVive also partners with PENN (the University of Pennsylvania), CHOP (Children's Hospital of Philadelphia), Karolinska Institutet and a range of contract research organizations, such as Covance in the Netherlands and Patheon in the UK. NeuroVive has also entered into a commercial partnership with Oroboros Instruments in Austria.
June 18, 2018, NeuroVive molecules from the NVP015 project was out-licensed for a local treatment of Leber's hereditary optic neuropathy (LHON) to BridgeBio Pharma's new subsidiary Fortify Therapeutics. Fortify's ambition is to further develop the in-licensed NVP015 chemistry in order to establish a therapy for LHON.
In addition to these partners, NeuroVive collaborates with a range of academic institutions all over the world.