Hemostatics Pharmaceuticals receives a €0,3 million grant from the Spanish CDTI’s NEOTEC program

Hemostatics is a spin-off company from Cima Universidad de Navarra. Hemostatics Pharmaceuticals is performing the preclinical and clinical development of the antifibrinolytic agent CM-352, a first-in-class drug that represents a pioneering therapeutic approach to control severe bleeding in unmet medical needs, such as those associated with major surgery, trauma or intracranial haemorrhage (ICH).

The CM-352 compound is the result of a long research process led by Dr. Josune Orbe (CSO of Hemostatics), head of the CIMA’s Atherothrombosis research group, and Dr. José Antonio Páramo (CMO) of the Hematology Service of the Clínica Universidad de Navarra and member of the Spanish Society of Thrombosis and Haemostasis (SETH). Strong preclinical studies have been obtained with this compound.

Based on a technology transfer and exclusive patent licensing agreement, Hemostatics was born in 2020, promoted by CIMA and a team of experts from the health and business sector, led by Dr. OrbeDr. Páramo and Nicolas Saglio, CEO of Hemostatics and managing partner at biomedical innovation consultancy HealthTech180, with more than 20 years’ experience in strategic consulting and innovation for technology and healthcare companies.

Hemostatics Pharmaceuticals has been granted a €0,3 million grant from the Spanish CDTI’s NEOTEC program in 2022 (NEOTEC is financed by the European Union – NextGenerationEU) . This grant will be complemented by several other fundings, both healthcare investors private funding and public grants.

About Hemostatics Pharmaceuticals

Hemostatics Pharmaceuticals S.L. (https://hemostatics.com/) is a biotechnology company created in 2020 by a highly experienced team that set up a strategic partnership and exclusive licence for the technology with the Foundation for Applied Medical Research (FIMA), which manages CIMA, the Centre for Applied Medical Research of the Clínica Universidad de Navarra (CUN). Hemostatics is developing a new proprietary antifibrinolytic agent, CM-352, to reduce bleeding in disabling and life-threatening haemorrhagic conditions and address a number of important unmet medical needs in trauma, surgery, intracranial haemorrhage (ICH), postpartum haemorrhage (PPH) and gastrointestinal bleeding.