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Instem secures European Medicines Agency research grant

Tue, 03rd May 2022 12:51

(Alliance News) - Instem PLC said on Tuesday it has secured funding from the European Medicines Agency related to the research of N-nitrosamines, carcinogens humans may consume through tobacco use or eating certain foods.

The European Medicines Agency invested EUR2.5 million into the research, with Instem receiving 13% of that.

The IT solutions provider, serving life sciences market, is working on a two-year research project to further investigate the mutagenicity of different classes of N-nitrosamines, funded by EMA and led by Fraunhofer Institute for Toxicology & Experimental Medicine.

NAs may be carried by active pharmaceutical ingredients as impurities from production and/or storage or may cause their formation in the gastrointestinal tract.

The project will aim to distinguish highly potent from less potent carcinogens.

Instem shares were up 0.2% at 676.40 pence on Tuesday afternoon in London.

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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