May, 4 2018 Nanoparticles for life-saving therapies

The Stiftung für Tech­nolo­gie, Inno­va­tion und Forschung Thürin­gen (STIFT) and the Sparkasse Jena-Saale-Hol­z­land invest in an inno­v­a­tive ther­a­peu­tics com­pany in Jena

Smart­Dye­Liv­ery, in Jena, uses nanopar­ti­cles to direct ther­a­peu­tic com­pounds directly to tar­geted organs. With a patented tech­nol­ogy based on func­tional nanopar­ti­cles, Smart­Dye­Liv­ery con­vinced the STIFT to join the Sparkasse Jena-Saale-Hol­z­land, which increased its invest­ment, and bm|t as key insti­tu­tional share­hold­ers, in the aspir­ing biotech­nol­ogy company.

Smart­Dye­Liv­ery, in coöper­a­tion with Jena Uni­ver­sity pro­fes­sors Ulrich S. Schu­bert and Michael Bauer, has devel­oped a nanopar­ti­cle that seeks its tar­get with high accu­racy and then releases the trans­ported com­pound directly into the tar­geted organ. In addi­tion to organ-spe­cific com­pound trans­porta­tion, SmartDyeLivery´s tech­nol­ogy can enable the mea­sure­ment of organ function.

The company´s first tar­get is patients that have sep­sis-related liver fail­ure. Due to a lack of ther­a­peu­tic options, more than 90% of these patients do not sur­vive. Each year in Ger­many alone over 1,500 lives could be saved with a safe and effec­tive treat­ment for sep­sis-related liver fail­ure. “The lat­est pre-clin­i­cal data demon­strate the enor­mous poten­tial in our first clin­i­cal appli­ca­tion of this tech­nol­ogy, and prove that we are on the right path,” said Dr. Marc Lehmann, Man­ag­ing Direc­tor of the Jena biotech company.

About the Stiftung für Tech­nolo­gie, Inno­va­tion und Forschung Thürin­gen (STIFT):
The STIFT sup­ports inno­v­a­tive tech­nol­ogy com­pa­nies in Thürin­gen within the frame­work of the ThEx Inno­v­a­tive project. Addi­tion­ally, the STIFT invests in selected high-tech start-ups as a co-investor. In this activ­ity, the level of inno­va­tion of the found­ing busi­ness plan and the cor­po­rate poten­tial are the pri­mary considerations.

About Sparkasse Jena-Saale-Holzland:
The Sparkasse Jena-Saale-Hol­z­land has been a strong and reli­able part­ner in the region of Jena-Saale-Hol­z­land for over 185 years. Through its large net­work of branch offices, cus­tomer advi­sors are closely posi­tioned to the bank´s cus­tomers, and the bank is able to make impor­tant deci­sions quickly on loca­tion. From retail accounts to real estate bro­ker­age and con­struc­tion finance to com­mer­cial lend­ing and advi­sory, the Sparkasse offers a com­plete array of finan­cial ser­vices. As a pub­lic insti­tute, the bank´s inter­ests are in sup­port­ing the local econ­omy and the peo­ple liv­ing in the region.

About Smart­Dye­Liv­ery GmbH:
Smart­Dye­Liv­ery GmbH devel­ops nanopar­ti­cle trans­port for ther­a­peu­tic, diag­nos­tic, and ther­a­nos­tic appli­ca­tions. The company´s goal is to save patients´ lives by cre­at­ing new ther­apy options for med­ical con­di­tions that were pre­vi­ously either untreat­able or extremely dif­fi­cult to treat.

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