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Beta-cell recovery to counter diabetes

DiogenX aims to cure Type 1 Diabetes by regenerating pancreatic beta-cells for autonomous insulin release, with plans to out-license the drug following human clinical proof by 2026.

Subsidie
€ 2.500.000
2023

Projectdetails

Introduction

Globally, 8.75 million people with T1D rely only on insulin administration to manage the symptoms of their disease. The treatment is complex since it requires injecting insulin (2-4 times/day) and adhering to a restrictive lifestyle (e.g., following a strict diet), reducing patient quality of life (QoL).

Challenges in Current Treatment

Even with insulin, less than 20% of patients achieve their target glucose level. This inadequacy eventually leads to vascular complications, such as:

  • Stroke
  • Renal disease

These complications reduce life expectancy by 10-15 years.

DiogenX's Mission

DiogenX aims to withdraw insulin dependency and cure T1D by regenerating pancreatic beta-cells to allow autonomous insulin release in response to blood glucose level increases.

Future Plans

We expect to out-license our drug to a pharma company. Some of them have already manifested their interest and invested in the capital of DiogenX. This may materialize as soon as clinical proof of principle is demonstrated in humans, which will be reached in 2026.

Funding and Timeline

The proceeds from Series A, to be raised in 2023, are 80% secured.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.500.000
Totale projectbegroting€ 5.673.000

Tijdlijn

Startdatum1-10-2023
Einddatum30-9-2025
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • DIOGENX SASpenvoerder

Land(en)

France

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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