Perspective from the owner of xbio21 Mar 2016 08:04
Rusnano runs our investment and therefore has the funds to continue the development of xbio - see below:
Production of innovative drugs and biobetters based on biodegradable nanocomposites
The project is an outstanding example of Russian-British-German collaboration in innovative pharmaceuticals. SynBio will develop and bring nine drug preparations based on three technological platforms to Russian and international markets.
Sustained-release drugs containing polysialic acid—biobetters for treatment of diabetes mellitus, Alzheimer’s disease, chronic kidney disease, and other illnesses (PolyXen® platform).
Drugs based on recombinant human Histone H1 for treatment of cancers and other illnesses, including blood cancers (leukemia, lymphoma, and myeloma) and ischemic diseases (Histone platform).
Cell therapeutic product for the treatment of liver cirrhosis (Gemacell platform).
The drugs in the portfolio are all in various stages of pre-clinical and clinical studies in Russia and Europe. Sales by portfolio company SynBio in 2015 are forecast at 700 million rubles (about $24 million).
SynBio has acquired a controlling interest in Xenetic Biosciences PLC. As a result, a Russian company has become, for the first time, the initiator of a new and powerful player in the international innovative pharmaceutical industry.
Area of application
Medicine
Market
Pharmaceutical distribution companies
Competitive advantages
Greater effectiveness of the drugs
Source: http://en.rusnano.com/portfolio/companies/synbio