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Minoryx Therapeutics, a late-stage biotechnology company focused on the development of therapies for rare central nervous system (CNS) disorders, located at TecnoCampus, has obtained a non-dilutive grant of 26,9 million euros for the development of its LERI4CNS project, which will validate leriglitazone for the treatment of potentially lethal rare diseases affecting the CNS. The grant has been awarded within the framework of the pan-European project “Important Project of Common European Interest (IPCEI) Med4Cure”, of which Minoryx Therapeutics is an associate member.
IPCEI Med4Cure is the first Important Project of Common European Interest (IPCEI) in the field of health, approved by the European Commission on 28 May 2024. Its objective is to promote research, innovation and initial industrial deployment of medical products, as well as the development of innovative pharmaceutical production processes. This initiative aims to improve drug discovery, especially for unmet medical needs such as rare diseases, and to foster more innovative and sustainable pharmaceutical processes to strengthen the European Union's healthcare ecosystem.
The programme brings together selected projects led by several companies from six EU Member States —including Spain— and covers the entire pharmaceutical value chain. In Spain, the programme is funded by the CDTI and the Ministry of Science, Innovation and Universities within the framework of the Strategic Project for Economic Recovery and Transformation in the Health Sector (PERTE de Salut). This initiative is part of the Recovery, Transformation and Resilience Plan of Spain, financed by Next Generation EU funds, through the Recovery and Resilience Mechanism (MRR) of the European Union.
In the image, Marc Martinell, CEO of the company.