Provence Technologies launches USD 1.7 mln research programme

By Admin
Research laboratory specializing in fine chemistry Provence Technologies has launched screening 1000, a new USD 1.7 million research programme with the...

Research laboratory specializing in fine chemistry Provence Technologies has launched screening 1000, a new USD 1.7 million research programme with the goal of discovering a new ultra-pure molecule for the healthcare market.

The project is being launched by the R&D department of Provence Techologies and is being co-financed equally by Oseo, the French innovation promotion agency and Provence Technologies.

The programme is planned to run for 2 years and aims to develop a new range of products. Screening 1000 will initially analyse 1000 chemical compounds already on the market and detect those that show anomalies in purity.

The use of already known compounds allows the current range to be optimized and also reduce development costs.

Provence Technologies will then focus on new compounds with the most promising market potential.  The company will also develop new approaches to purification and synthesis that makes it possible to meet the purity levels required by health regulations.  

Claude Monteils, internal R&D project coordinator, Provence Technologies, said, “We hope this research project will create as much success as Provence Technologies enjoyed with our efforts around methylene blue. The really innovative part of this program is implementing new solutions in the fields of purification of active principles or alternative synthesis pathways.”  Mr. Monteils also said, “We are delighted that the French innovation promotion agency Oseo, which is a traditional partner of Provence Technologies, is joining us in this highly promising project and again supporting us in our strategy of innovation.” 

Provence Technologies is an independent company offering R&D services to the pharmaceutical, biopharmaceutical, agrochemical and cosmetic industries in the area of fine chemistry, including research into synthesis pathways, synthesis of organic compounds, chemical development and process optimization.


 

Share
Share

Featured Articles

The Merck Group: Pharma's History & Innovation in India

Welcome back to part two of our exploration of The Merck Group's history and investment in China and India, with this part focusing on innovation in India

How CVS Health is Rising to the Omnichannel Challenge

US healthcare company CVS Health is reshaping its supply chain to meet the omnichannel needs of its customers

Kinaxis: Pharma Seeing Euro-wide Supply Chain Challenges

Supply chain specialist Kinaxis says UK pharma still recovering from Brexit and pandemic, and that Europe also seeing medicines value chain problems

Healthcare Digital Transformations Stymied by Data Silos

Digital Healthcare

McKinsey: Brain Health Underfunding 'a Global Concern'

Digital Healthcare

Endometriosis Linked to Heart Attacks & Strokes

Medical Devices & Pharma