NANOMED2020 Aims to Bring More Nanomedicine Products to European Patients

October 23, 2012 – 3:17 am

German innovation and technology association VDI/VDE-IT recently announced a collaboration with key European nanomedicine playersfunded by the European Commission. The partnership aims at identifying key areas for nanomedicine research and at establishing novel concepts for translation of nanomedical innovations into clinical practice. The project called NANOMED2020 started on 1 September 2012 and has duration of 18 months. Making Europe a centre for nanomedicine research, development and translation is the goal of this project.

To achieve this goal the proposed project unites partners already representing the largest network of active stakeholders in the nanomedicine area in Europe today, encompassing roughly 200 universities, research institutes, hospitals and public health Institutions, small and medium-sized enterprises (SMEs) and small and large industry organisations.

According to the VDI press release, academic research groups may need to better understand the market and the medical needs. There are a large number of pharmaceutical and medtech companies that have a comprehensive and direct access to market but these companies struggle to handle radical innovation. At the same time there is a small number of SMEs trying to add new innovation onto the market, but these few companies are too small to exploit the large potential of nanomedicine. Hence, a consolidated pan-European approach to structure this field is therefore needed to bring nanomedicine products to patients.

“We are proud that we were able to receive funding for this project from the European Commission,” said Dr. Sebastian Lange, the coordinator of this project at VDI/VDE-IT. “Seven renowned nanomedicine players from six European countries hope to build a pertinent European nanomedicine community involving all key players. We aim to define the resources, gaps and needs for development and implementation of nanomedicine research into marketable innovations to be used by doctors for the benefit of patients.”

Source: VDI/VDE Innovation + Technik

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