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Creabilis Awarded Prestigious European Commission FP7 Grant to Further Develop its LSE 'Topical-by-Design' Technology
Date:4/23/2013

an>Italy, TNO and TNO-Triskelion in the Netherlands, and Professor Andrew Hopkins from the University of Dundee in the UK.

This combined experience and expertise of this high quality consortium will help to generate and bring to preclinical development the next generation of Creabilis molecules optimised for topical treatment of inflammatory and neuroinflammatory diseases.

Dr Eliot Forster , CEO of Creabilis, said: "Creabilis is proud to have been one of the select companies to receive this prestigious award, and it is delightful to have won additional funding to further advance our LSE technology and the work of our scientific team in Italy. We very much look forward to working with the excellent members of the consortium to deliver this project and I am grateful for the support of the EU in this endeavour."

Dr Silvio Traversa , CSO of Creabilis and FP7 Project Coordinator, said: "Over the last eight years we have seen our LSE technology mature and deliver valuable products that are progressing through clinical development in disease areas of significant unmet medical need. This FP7 grant recognises the potential of LSE technology, and the value of our accomplishments in guiding research to achieve clinical stage assets. It is another important validation of the work of our scientific team here in Italy and Creabilis' approach as a whole."

About Creabilis SA

Creabilis is a clinical-stage European biotechnology company creating innovative new drugs to tackle unmet medical needs in dermatology, inflammation and pain. Bringing together world class drug development capabilities and a rich scientific heritage, Creabilis is uniquely positioned to transform the treatment of its target diseases.

Creabilis' lead product is CT327, a novel topically appli
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SOURCE Creabilis SA
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